Are you passionate about the beauty and grooming industry? Do you dream of owning a successful salon franchise? Then you can consider the Studieo7 franchise brand. In the blogs you will know the studieo7 franchise investment details, how to start studieo7 brand, how to contact them, Pros & cons of owning studieo7 franchise, Benefits of studieo7 brand and finally market size of salon market in India.
Franchise Brand Details:
Brand Name: Studieo7 Salon |
Establishment year: 2017 |
Franchising Launch: 2020 |
Founder: Rajesh |
Total outlet: 100+ |
Head office: Coimbatore |
About the brand:
Studieo7 provides services like skin, beauty, makeup, nail art, hair and spa from well-trained stylists. They use products from brands like L’Oréal, Kryolan, Mac, Wella etc, Studieo7 have over 100+ Salons, 10+ States, and 50+ Franchises across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana & Kerala.Studieo7 franchise brand has been honoured with many awards since which includes Femina awards, Asia One awards, Times Business awards, Vikatan Pinnacle awards, Indian Excellence awards.
Studieo7 franchise Investment details:
To become a Studieo7 franchisee, you need to meet the following requirements:
Space requirement: 800 – 1500 sq.ft. of commercial space |
Investment range: Rs. 35 – 45 lakhs |
Includes franchise fee, support cost, interiors, equipment, products, signage, etc. |
Royalty: 5% for the first 3 months, 7% from the 4th to 60th month |
Franchise fee: Rs. 3.5 – 5 lakhs, plus 18% GST |
Franchise term: 5 years, renewable upon mutual agreement |
Territory range: 2.5-3 Kms |
Payback period (ROI): 2-3 years |
Space Requirement:
The preferred floor area for a Studieo7 franchise outlet is 800 – 1500 sq.ft. of commercial space.
Investment Range:
The total investment required to set up a Studieo7 franchise ranges from Rs. 35 – 45 lakhs. This includes the franchise fee of Rs. 3.5 – 5 lakhs, support cost of Rs. 1 – 1.5 lakhs, and other costs for interiors, equipment, products, signage, etc.
Franchise Fee and Royalty:
The franchise fee for Studieo7 is Rs. 3.5 – 5 lakhs, plus 18% GST. The monthly royalty is 5% for the first 3 months, and 7% from the 4th to 60th month.
Agreements: The studieo7 franchise term is 5 years, renewable upon mutual agreement.
By meeting these requirements and going through the application process, you can become a successful Studieo7 franchise and be a part of the growing beauty and grooming industry in India.
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Steps to Apply for Studieo7 franchise:
Steps to Apply for Studieo7 franchise to become the owning a franchise
- Visit the Franchisebhoomi website
Go to the official franchise bhoomi website to search studieo7 brand and access the franchise application form.
- Fill Out the Application Form
Complete the franchise application form with accurate details and information.
- Submit the Form:
Submit the filled-out application form through the franchisebhoomi website.
- Wait for Response:
The franchisebhoomi team will review your application and guide you the entire process of your franchise journey.
- Engage with Studieo7 Team:
Work closely with the franchisebhoomi team to understand the franchise opportunity and requirements for the studio 7 franchise
- Finalize Agreement:
Once all terms are agreed upon, finalize the franchise agreement and begin the process of setting up your Studieo 7 franchise outlet. Franchisebhoomi team will there for you the entire process.
By following these steps, you can successfully apply for a Studie’o7 franchise and embark on a rewarding business venture in the beauty and grooming industry.
Why Studieo7 franchise?
Here are the reasons to consider a studieo7 franchise:
- Lucrative opportunity in the beauty and grooming industry
- Unique blend of traditional services with cutting-edge technology like Metaverse
- Profitable and innovative venture
- Smooth setup process and ongoing support for franchisees
- Guidance and entrepreneurship opportunities
- Focus on talent development and cost-effective business models
- Wide range of services using professional products
- Award-winning salon chain with a successful track record since 2017
Benefits of Studieo’7 franchise
Here are the some benefits of to become Studieo7 franchise
- Being an award-winning salon and spa chain with over 100 salons and 50 franchises across 10 states in India.
- Incorporating cutting-edge technology like Metaverse, making it a profitable and innovative venture.
- Providing support and guidance to franchisees, including information on start-up costs, franchise fees, and requirements.
- Focusing on talent development, cost-effective business models, and a commitment to customer satisfaction through continuous innovation and service expansion
- Offering a wide range of skin, beauty, makeup, nail art, hair, and spa services using professional products like L’Oréal, Kryolan, Mac, and Wella for long-lasting results.
Pros & Cons of owning a Studieo’7 franchise
Pros:
- Established brand with a proven track record of success
- Comprehensive support and guidance for franchisees
- Cutting-edge technology and innovative services
- Potential for high returns on investment
Cons:
- Significant initial investment required
- Ongoing royalty payments to the franchisor
- Competition from other salon franchises and independent salons
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Salon Market Size in India:
The Indian salon and beauty services market is expected to grow at a CAGR of 20% from 2021 to 2026, reaching a value of Rs. 1.2 trillion by 2026. This growth is driven by factors such as increasing disposable incomes, changing consumer preferences, and a growing awareness of personal grooming and wellness.
Conclusions:
In conclusion, the Studieo7 franchise offers a compelling opportunity for individuals looking to enter into the salon and beauty services market in India. With foucus on the innovations with high technology business model, consider studieo7 franchise. So why are you waiting? Join the studieo7 franchise.
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FAQ:
The total investment ranges from Rs. 35 – 45 lakhs, which includes the franchise fee of Rs. 3.5 – 5 lakhs, support cost of Rs. 1 – 1.5 lakhs, and other costs for interiors, equipment, products, signage, etc.
The franchise fee for Studieo’7 franchise is Rs. 3.5 – 5 lakhs, plus 18% GST. The monthly royalty is 5% for the first 3 months, and 7% from the 4th to 60th month
The preferred floor area for a Studieo7 franchise outlet is 800 – 1500 sq.ft. of commercial space.
The Studieo’7 franchise term is 5 years, renewable upon mutual agreement.
The anticipated percentage return on investment (ROI) is 30%, with a likely payback period of 2-3 years.
The territory range for a Studieo7 franchise is 2.5-3 Kms
Rajesh – CEO & Founder of Studieo’7 franchise brand.
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