
Image Studios
Salon suites- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$839K - $2M
- Units as of 2022
-
27 200.0% over 3 years
Here’s what you need to know if you’re interested in opening a Image Studios franchise.
With a variety of designs, Image Studios is a designer and operator of hair salons. Image Studios may be known for its luxurious spaces that allow stylists and clients to thrive. Their store designs include glass storefronts, LED lighting, high exposed ceilings, and stained concrete. Their floor plans may be innovative, modern, and conducive to hair styling workflow so creators and clients alike can sit back and enjoy the hairstyling process while their hair processes.
Founded in 2010, Image Studios started its journey in Utah, and with more than a dozen locations in the United States, your Image Studios franchise could be next.
Why You May Want to Start an Image Studios Franchise
Image Studios is looking for franchisees dedicated to outstanding service. They should also be hungry for success and enjoy having fun. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening an Image Studios location may be a worthwhile endeavour.
Image Studios has purposefully designed its suites and businesses to give franchisees the freedom to operate their store. While Image Studios gives their franchisees freedom, they also provide marketing materials and industry training to assist your franchise as it grows in your community. Image Studios will strive to offer you all the support you need, up to and including after you open your franchise.
What Might Make an Image Studios Franchise a Good Choice?
Image Studios saw how traditional salons operated and seized the opportunity to disrupt the ecosystem by reinventing how hair is dyed. They believe everything is about image, and strive to act like it, treating their customers well. Image Studio is constantly evolving to ensure its designs and suites are up to date with the latest trends in an effort to allow your clientele to keep coming back for years to come.
Opening an Image Studios franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
Image Studios may offer you the opportunity to run your business as an absentee owner, potentially giving you the chance to spend more time doing what you want to do.
How To Open an Image Studios Franchise
To be part of the Image Studios team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement with Image Studios, you should perform your due diligence and establish if this is the right opportunity for you. Research the brand and your local area to see if an Image Studios franchise would do well in your community.
You may also want to speak to existing franchisees and ask the Image Studios team any questions as you explore the brand and begin the franchising process.
Company Overview
About Image Studios
- Industry
- Personal-Care Businesses
- Founded
- 2010
- Leadership
- Taylor Lamont, COO
- Corporate Address
-
1370 S. 2100 E.
Salt Lake City, UT 84108
Business Overview
- Franchising Since
- 2015 (8 years)
- # of employees at HQ
- 11
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 27 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Image Studios franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $54,750
- Initial Investment
- $839,450 - $1,986,250
- Net Worth Requirement
- $1,500,000
- Cash Requirement
- $750,000
- Royalty Fee
- 5.5%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Image Studios has relationships with third-party sources which offer financing to cover the following: startup costs, equipment
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 30 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Image Studios? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Image Studios landed on this year’s Franchise 500 Ranking versus previous years.
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