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Updated RecentlyParamount Home Beauty vs SmartStyle Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Paramount Home Beauty 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 | $44,100 | $149,430 - $305,200 |
| Franchise Fee | $14,800 | $39,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 2004 | 1996 |
| Year Franchised | 2006 | 2016 |
| 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) | 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 | * 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 | - | Yes |
| International Expansion | - | - |
Company Overviews
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.
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.
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#130 in Franchise 500 for 2021.