SmartStyle
#325 Franchise 500| Family hair salons

SmartStyle
Family hair salons

About
Founded

1996

Franchising Since

2016 (4 Years)

Corporate Address

7201 Metro Blvd.
Minneapolis, MN 55439

Leadership

Hugh Sawyer, CEO

Ticker Symbol

RGS

Financial Requirements
Initial Investment

$149,430 - $305,200

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$39,500 - $39,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

SmartStyle has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives

$2,500 rebate on first-store franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

On-The-Job Training:

5 hours

Classroom Training:

25 hours

SmartStyle is ranked #325 in the Franchise 500!
Cost
Initial Investment: Low - $149,430 High - $305,200
Units
-2.3%-48 UNITS (1 Year) -22.4%-590 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

Franchise Articles

The Hottest Industries Today

Our list of the franchises best positioned for growth, even in uncertain times.

The Top Food Franchises of 2020

Food dominates the franchise world. Here, we rank the strongest brands in 14 tasty categories.

Finding Post-Pandemic Franchise Opportunities With Broker Consultant Groups

These companies specialize in matching aspiring business owners with suitable franchise options.

Former Republican Presidential Candidate Herman Cain Has Died After Being Hospitalized for Coronavirus

The former Godfather's Pizza CEO tested positive earlier this month, 11 days after attending President Donald Trump's campaign rally in Tulsa, Oklahoma.

5 Lessons Learned From the Recession That Are Still True Today

Want to make sure your business can endure the current economic climate? Remember how businesses endured the last one.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: January 22nd, 2020