The Weave Shop vs SmartStyle Franchise Comparison

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

Start-Up Costs and Fees

 
The Weave Shop Franchise
SmartStyle Franchise
Investment $94,200 - $136,900$149,430 - $305,200
Franchise Fee $20,000$39,500
Royalty Fee 6%5%
Advertising Fee -2%
Year Founded 20081996
Year Franchised 20112016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
The Weave Shop Franchise
SmartStyle Franchise
Experience --

Financing Options

 
The Weave Shop Franchise
SmartStyle Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
The Weave Shop Franchise
SmartStyle Franchise
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

 
The Weave Shop Franchise
SmartStyle Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion --

Company Overviews

About The Weave Shop

The Weave Shop is an express service salon specialized in hair weave and braids. The Weave Shop Franchise model is designed to build a brand and a profitable operating system for each franchise partner that allows a specialized, fun atmosphere focusing on this industry niche. It is the mission of The Weave Shop to provide quality hair care services at an affordable price, while providing good paying jobs to our employees and enhancing the communities we service. We are open 7 days a week. Check your location for appointment and walk-in days. You are welcome to walk in for a free consultation during our business hours. Unfortunately we cannot allow children unless being serviced. Latonya Saunderson, founder and co-owner of The Weave Shop (TWS), is a dynamic entrepreneur whose innovative weaving technique is revolutionizing the industry. She discovered her true calling, working for a hair salon in the Atlanta area. Feeling so inspired, Saunderson decided to open her own salon. Coming from a family of entrepreneurs made starting a business easy for Latonya. With an undeniable passion for hair care and the beauty industry and by building upon a successful idea, the "express weave service," The Weave Shop (TWS) was born. Latonya, who is a licensed cosmetologist since 1994, wanted to provide clients with a reasonable and cost effective way to enjoy a great style - to look great for less! "There is no reason to pay hundreds of dollars for extensions, at The Weave Shop the base price for our service is just $50," says Saunderson. After opening the doors in a small office space (400 sq ft), with herself styling and a braider, Saunderson within four months outgrew the space and moved to a larger location in the Atlanta area. With the opening of her first storefront in Decatur, GA, her brother Kevin and his wife Sharmeela, embraced her vision and TWS's potential and became business partners. Kevin is the President of the franchise entity. Sharmeela is the Creative Director of the company, while Latonya still develops hairstyle process. This dynamic combination and joining of minds helped to transform TWS into a family owned business. Understanding the need to pass on her entrepreneurial skills to her daughter, Ijaaz Saunderson, an inspiring model and hairstylist in her own right, Latonya brought her into the business, serving the joint role of model and hairstylist: she is one of the faces of TWS and a top stylist. Another face of TWS is Latonya's sister Michelle, making TWS truly a family owned and operated business. Currently, in addition to the five locations in Georgia, with one opening soon, there are two locations in New Jersey, and four open in Michigan with two opening soon. "I want The Weave Shop to be all over the country", says Saunderson. With celebrity endorsements from VH1's Basketball Wives reality star Jennifer Williams, Atlanta's own Tiny (from Escape and Tiny and Toya), Risky (winner of Charm School), and Sarah Stokes (Making of the Band season 2), in addition to the Musical group OMG, The Weave Shop is the fastest growing hair extension salon in the United States. As the business continues to grow franchising opportunities will be made available. Ambitious, goal oriented, a vibrant personality and warm spirit, is what makes Latonya Saunderson the leader in her field today.

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.
#130 in Franchise 500 for 2021.