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Updated RecentlySola Salon Studios vs Paramount Home Beauty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sola Salon Studios vs Paramount Home Beauty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $531,150 - $1,714,370 | $44,100 |
| Franchise Fee | $55,000 | $14,800 |
| Royalty Fee | 5.5% | 5% |
| Advertising Fee | 2% | - |
| Year Founded | 2003 | 2004 |
| Year Franchised | 2005 | 2006 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| 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 | - | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Sola Salon Studios
The totally unique approach of Sola Salon Studios is that we provide high impact, modern, and upscale rental space in a "salon mall" concept that allows salon professionals the opportunity to have their own business and make more money without the risks and challenges of owning a conventional salon....all for the same rate as a chair rental, and often less.
License individual turn-key salon studios to independent salon
professionals under the trade name “Sola Salon Studios” using their
unique system of build-out.
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#75 in Franchise 500 for 2020.
#26 in Franchise 500 for 2021.
About Paramount Home Beauty
Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.