SmartStyle

SmartStyle

Family hair salons
FREE Franchise Guide!
2022 Franchise 500 Rank
#149Ranked #130 last year
See the Full List
Initial investment
$181K - $310K
Units as of 2022
1,610 21% over 3 years

Here’s what you need to know if you’re interested in opening a SmartStyle franchise.

With franchises in nearly all of the states in the U.S., SmartStyle hair salon offers full-service hair care salons with locations in Walmart stores.

SmartStyle is owned by Regis Corporation, which was founded in 1922 by Paul and Florence Kunin. The couple opened the Kunin Beauty Salon, which expanded into a chain of salons located in department stores.

SmartStyle was founded in 1996 and began offering franchises in 2016. The Regis Corporation continues to expand SmartStyle in Walmart locations across the United States. There are over 1,000 SmartStyle franchises located throughout the U.S., to go along with over 50 in Canada. There are also hundreds of corporate-owned SmartStyle locations.

Why You May Want to Start a SmartStyle Franchise

Each SmartStyle salon offers various hairstyling services, including haircuts, styling, coloring, conditioning, perms, waxing, and relaxing services for both men and women. All SmartStyle franchise locations are staffed with trained, professional hairstylists, with salon services offered at competitive prices.

SmartStyle franchise salons are located in Walmart stores, which means the stores may be highly trafficked and well-known to others. A SmartStyle salon may be relevant in any community and economic climate because there is typically a need for professional hair care and styling. Professional hair care is an industry that resists technological obsolescence and outsourcing because hair treatments can only be done in-person.

What Might Make a SmartStyle Franchise a Good Choice?

SmartStyle一直排名在企业家的法郎雷竞技手机版hise 500 several times in the past few years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

To be part of the SmartStyle franchise team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Opening a SmartStyle franchise may offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

How To Open a SmartStyle Franchise

As you decide if opening a SmartStyle franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a SmartStyle franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the SmartStyle franchising team questions.

Once awarded a franchise, franchisees are given multiple hours of classroom training. The company also assists with marketing, site selection, and field operations.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a SmartStyle franchise.

Find Your Perfect Franchise

Company Overview

About SmartStyle

Related Categories
Hair Care,Salon & Spa Services
Founded
1996
Parent Company
Regis
Leadership
Matt Doctor, CEO
Corporate Address
3701 Wayzata Blvd., #500
Minneapolis, MN 55416

Business Overview

Franchising Since
2016(7 years)
# of employees at HQ
250
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees in the following international regions: Canada

# of Units
1,610(as of 2022)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a SmartStyle franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$39,500
Initial Investment
$180,966 - $309,558
Net Worth Requirement
$1,000,000 - $1,200,000
Cash Requirement
$150,000 - $250,000
Veteran Incentives
$2,500 rebate on first-store franchise fee
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
Term of master lease
Is franchise term renewable?
Yes
Take Our Free Franchise Quiz!

Financing Options

franchisees.

Third Party Financing
SmartStyle has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
24 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No
Take our quick quiz to find your ideal franchise

Interested in ownership opportunities like SmartStyle? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where SmartStyle landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where SmartStyle ranked on other franchise lists? Find out below.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read ourPrivacy Policy

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to SmartStyle.

Sport Clips

Men's sports-themed hair salons

Acti-Kare

Nonmedical home care

Lendio

Small-business financing

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

4 Marketing Strategies Pet Care Companies Must Implement to See Growth

Understanding your customer and their needs is everything.

Sergio Alvarez

Sergio Alvarez

'This Is Unacceptable': Chick-fil-A Slammed With Fine After Paying Employees With Meal Vouchers

The North Carolina location claims that the positions were voluntary in nature.

Emily Rella

Emily Rella

8 Essential Real Estate Questions To Ask Potential Franchisors

Before buying a franchise, find definitive answers to these questions.

Roxanne Klein

Roxanne Klein

Regional Favorites and National Companies Topped the Ranking of America's Top Restaurant Chains for 2023. Did Your Go-To Make the List?

The list includes more than 220 winners across 16 categories. But did Olive Garden and Chick-fil-A make the cut?

Madeline Garfinkle

Madeline Garfinkle

'100% Should Be Illegal': Woman Exposes Jaw-Dropping Amount of Caffeine in Panera Lemonade

A TikTok user is going viral after realizing her favorite Panera drink has four times the caffeine as espresso.

Emily Rella

Emily Rella

The Retail Real Estate Market Is Growing. Here's Why That's a Big Win for the Franchise Industry.

Here's how the franchise industry can benefit from the resurgence of the retail real estate market.

Jeff Brazier

Jeff Brazier

Disclaimer
此页面上的信息并不打算作为一个endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022