State Street Barbers vs SmartStyle Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of State Street Barbers vs SmartStyle including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
State Street Barbers Franchise
SmartStyle Franchise
Investment $191,500 - $297,000$149,430 - $305,200
Franchise Fee $25,000$39,500
Royalty Fee 5%5%
Advertising Fee 3% local +2% Nat'l2%
Year Founded 20031996
Year Franchised 20102016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
State Street Barbers Franchise
SmartStyle Franchise
Experience --

Financing Options
 
State Street Barbers Franchise
SmartStyle Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
State Street Barbers Franchise
SmartStyle Franchise
Training -On-The-Job Training: 5 hours Classroom Training: 25 hours
Support When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations.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
 
State Street Barbers Franchise
SmartStyle Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About State Street Barbers

State Street Barbers is not your typical franchise opportunity. Unlike most franchises offered in the men's grooming segment, we do not desire to be the next large discount haircut franchise chain, with hundreds of locations that rush customers in an out like an assembly line operation. Nor do we aspire to be the next "male salon" that misses the mark on what most men want by offering services such as pedicures and paraffin wax hand treatments. Our discipline in staying true to our value proposition and focusing on our strengths has allowed us to excel in the market and evolve quickly into an award winning and recognized concept. It is this same discipline that will now propel us forward and help drive our growth in the world of franchising. We are committed to ensuring that franchise owners are selected carefully, as well as trained and supported properly, in order to maintain the integrity of our brand. Though relatively young, our business model, and its singular focus on genuinely meeting the needs of our male customers, has allowed us to establish a strong and loyal following in multiple markets and provided a compelling proof of concept for further expansion. Our objective now is to create a tight-knit franchise community to help extend this same level of service and quality to untapped markets while staying true to our brand promise and upholding the ideals and principles that have been the hallmark of our concept to date. When you are selected to join our team, you actually become part of the State Street Barbers family � a small, tight-knit group committed to building something special and helping the entire team reach its full potential.

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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#325 in Franchise 500 for 2020.
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