- 2024 Franchise 500 Rank
-
#490 Not ranked last year
- Initial investment
-
$868K - $1.7M
- Units as of 2023
-
60 172.7% over 3 years
With a variety of designs, Image Studios is a designer and operator of hair salons. Image Studios may be known for its luxurious spaces that allow stylists and clients to thrive. Their store designs include glass storefronts, LED lighting, high exposed ceilings, and stained concrete. Their floor plans may be innovative, modern, and conducive to hair styling workflow so creators and clients alike can sit back and enjoy the hairstyling process while their hair processes.
Founded in 2010, Image Studios started its journey in Utah, and with more than a dozen locations in the United States, your Image Studios franchise could be next.
Why You May Want to Start an Image Studios Franchise
Image Studios is looking for franchisees dedicated to outstanding service. They should also be hungry for success and enjoy having fun. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening an Image Studios location may be a worthwhile endeavour.
Image Studios has purposefully designed its suites and businesses to give franchisees the freedom to operate their store. While Image Studios gives their franchisees freedom, they also provide marketing materials and industry training to assist your franchise as it grows in your community. Image Studios will strive to offer you all the support you need, up to and including after you open your franchise.
What Might Make an Image Studios Franchise a Good Choice?
Image Studios saw how traditional salons operated and seized the opportunity to disrupt the ecosystem by reinventing how hair is dyed. They believe everything is about image, and strive to act like it, treating their customers well. Image Studio is constantly evolving to ensure its designs and suites are up to date with the latest trends in an effort to allow your clientele to keep coming back for years to come.
Opening an Image Studios franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
Image Studios may offer you the opportunity to run your business as an absentee owner, potentially giving you the chance to spend more time doing what you want to do.
How To Open an Image Studios Franchise
To be part of the Image Studios 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, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement with Image Studios, you should perform your due diligence and establish if this is the right opportunity for you. Research the brand and your local area to see if an Image Studios franchise would do well in your community.
You may also want to speak to existing franchisees and ask the Image Studios team any questions as you explore the brand and begin the franchising process.
Company Overview
About Image Studios
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Salon Suites, Miscellaneous Business Services, Hair Care, Miscellaneous Personal-Care Businesses, Salon & Spa Services |
| Founded | 2010 |
| Leadership | Taylor Lamont, COO |
| Corporate Address |
1370 S. 2100 E. Salt Lake City, UT 84108 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest |
Business Overview
| Franchising Since | 2015 (9 years) |
|---|---|
| # of employees at HQ | 11 |
| Where seeking |
This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
| # of Units | 60 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Image Studios 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
|
$64,500 |
|---|---|
|
Initial Investment
|
$868,150 - $1,747,220 |
|
Net Worth Requirement
|
$1,500,000 |
|
Cash Requirement
|
$750,000 |
|
Royalty Fee
|
5.5% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Image Studios has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| Classroom Training | 30 hours |
|---|---|
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
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?
|
Yes |
Franchise 500 Ranking History
Compare where Image Studios landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Image Studios ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Image Studios.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Transform Your Business and Maximize Profits by Focusing on This Customer Retention Factor
The traditional method of judging success — ever-growing year-over-year sales increases — is antiquated. What matters more is Guest Lifetime Value, the amount of repeat business from loyal customers who visit more often and order more with no additional cost to the franchisee.
McDonald's' Response to Inflation? A $5 Meal Deal — Here's Everything to Know About It.
The announcement of the $5 deal comes as stubborn inflation squeezes consumers, who have demanded the fast food giant offer more value.
From Celebrity Endorsements to Boozy Beverages — 20 Incredible Dunkin' Facts That Will Surprise You
Spoiler alert: America isn't the only country that runs on Dunkin'.
McDonald's Is Venturing Into an Unlikely Industry With a New Diversity Initiative
The fast-food giant is addressing the lack of Black designers in the fashion industry, where Black creatives make up just over 7% of designers — despite having set trends for decades.
Make a Real Difference in Your Community with a Huntington Franchise
For nearly 50 years, Huntington Learning Center's mission-driven approach has positively impacted over one million students. Huntington's commitment is to its students and to the families they serve enables them to make a meaningful difference across the country.
California's Fast-Food Minimum Wage Hike Is Already Impacting Franchises. Here's What a New Study Revealed.
Several chains have raised their prices — or closed locations — in response to the wage increase, which has now led to a noticeable decline in foot traffic.