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Below is an in-depth analysis and side-by-side comparison of Sharkey's Hair It Is 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 | $106,170 - $138,995 | $149,430 - $305,200 |
Franchise Fee | $99,995 | $39,500 |
Royalty Fee | $1000/Month | 5% |
Advertising Fee | - | 2% |
Year Founded | - | 1996 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun. | - |
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 | 4 day comprehensive training | On-The-Job Training: 5 hours Classroom Training: 25 hours |
Support | Site selection & negotiation *Salon design and layout *Grand opening and continuous marketing programs *On-site assistance during grand opening week *Owners meetings to discuss operations and marketing | 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 | For single salon owners we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |