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Below is an in-depth analysis and side-by-side comparison of Glamour Secrets/Trade Secrets vs SmartStyle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,000 - $350,000 | $149,430 - $305,200 |
Franchise Fee | $25,000 | $39,500 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 2% |
Year Founded | 2001 | 1996 |
Year Franchised | 2003 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 5 hours Classroom Training: 25 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Ad Templates National Media Regional Advertising Social media |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
Glamour Secrets is Canada's pioneer one stop beauty shop with a full service salon and over 4,000 high quality Salon products for sale under one roof. The beauty industry is booming. Glamour Secrets is positioning itself for explosive growth with this recession proof industry. With over 65 locations with its parent company Trade Secrets , Glamour Secrets is looking for franchisees in ON and QC to join its success story.