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Updated RecentlyLord's & Lady's Hair Salons vs SmartStyle Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lord's & Lady's Hair Salons 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 | $50,000 - $175,000 | $149,430 - $305,200 |
| Franchise Fee | $25,000 | $39,500 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1975 | 1996 |
| Year Franchised | 1980 | 2016 |
| Term Of Agreement | 10 years +10 | - |
| Term Of Agreement | 10 years +10 | - |
| 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 | Boston, MA 2-5 Days | On-The-Job Training: 5 hours Classroom Training: 25 hours |
| Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | 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 | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Lord's & Lady's Hair Salons
Service and retail mall locations which normally do 50% men and 50% women in sales.
At Lord's & Lady's Hair Salons, we
pride ourselves in providing our customers with the perfect cuts,
colors, perms and other hair services, along with the highest quality of
customer service. Our stylists are highly trained in today's latest
hair trends and attend regular classes with major styling educators.
Founded 1971 in Boston, Massachusetts, Lord's & Lady's Hair Salons has been servicing the New England area as a full service beauty salon. Salons located throughout New England.
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.