Sola Salon Studios vs SmartStyle Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sola Salon Studios vs SmartStyle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$531,150 - $1,714,370 | $149,430 - $305,200 |
Franchise Fee |
$55,000 | $39,500 |
Royalty Fee |
5.5% | 5% |
Advertising Fee |
2% | 2% |
Year Founded |
2003 | 1996 |
Year Franchised |
2005 | 2016 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
Yes | Yes |
Canada Expansion |
- | Yes |
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.
#75 in Franchise 500 for 2020.
#26 in Franchise 500 for 2021.
About SmartStyle
With convenient locations in Walmart stores across the United States,
Canada, and Puerto Rico, SmartStyle is a full-service hair salon that
provides the hairstyle you want at an affordable price, all in a
welcoming and relaxing environment. SmartStyle is proud to be part of Regis
Corporation, the world's largest and leading hair salon company.
#325 in Franchise 500 for 2020.
#130 in Franchise 500 for 2021.