OUR STORY
Established in 2001, NStyle provides todays modern consumer with the ultimate luxury beauty experience, set in a tranquil and ultra hygienic store environment and welcomes through its doors over 50,000 customers, on a monthly basis, across its wholly owned and franchised stores globally.
NStyle is synonymous with its award-winning brand’s signature – convenient locations, luxury pampering, market prices, ultra-hygienic store environment and unrivaled service, making NStyle your award-winning beauty partner globally.
WHY NSTYLE?
Have you always wanted to turn your passion into a business and kick off your entrepreneurial journey? Then, franchising NStyle is the right approach, in turning your dreams of owning your own business, with what you love to do.
WHAT A FRANCHISE OWNER HAS TO SAY:
"BEST DECISION."
“Franchising an NStyle store in Canada has been very rewarding, as I turned my love for the beauty industry, into a highly successful and profitable business, that has won multiple awards. Through NStyle's A to Z franchise support and invaluable company SOP's, managing day to day affairs of the business incuding marketing a breeze."
Testimonials
INTERESTED IN A FRANCHISE
We are thrilled you are here and considering an NStyle franchise.
Our franchise owners come from diverse backgrounds and fields and you don’t necessarily need experience in owning a salon or in the beauty industry to join our ever growing NStyle family. However, you do need to be driven by passion for delivering exceptional service and standards in operating an NStyle salon, that ensures customer satisfaction and an exceptional customer experience, in line with NStyle’s standards.
Our dedicated franchise operational support team will guide you through every step as outlined in our NStyle SOP manuals that ensures NStyle’s brand ethos and customer service commitments are delivered, driving business success and most importantly customer retention and satisfaction.
BECOME A FRANCHISE OWNER
NStyle offers a proven business model and is recognized as a global leader in the beauty sector. We award NStyle franchises to candidates that fit the below criteria:
. Passion and commitment
. Compatibility, integrity and enthusiasm
. Experience in beauty, retail, hospitality or similar industries
. Development area availability
. Net worth of $700,000 and liquidity of $300,000+
Reasons to Invest
Recognized brand with a successful and proven track record for over 20+ years and recognized as a global leader in the beauty sector with stores across the Middle East and North America.
Personalized Services
Marketing support with our in-house graphic designer.
Strong Brand reputation within the Beauty Sector
Extensive Financial and industry knowledge.
Refreshing innovations and high tech management resolution and ongoing Corporate support with over 60+ years combined experience”
Trade Mark High Tech POS system, including IT support. Including IPAD, Store Manager “Tablet”
Store Design, equipment, products and ordering guidance
Website design
Comprehensive Operating Manuals
Ongoing Operational, Audit and Training support.
Technical Training Support
“Passion to succeed”
Global Beauty Economy
Globally consumers spending has grown from $60 Billion to $94 Billion annually on Beauty Services
Since 2007 the Beauty Services industry has grown 7.7% per annum.
Growth within our industry has increased 6.7% since 2007 with more than 1.9 million people.
FAQ's
What markets are available?
NStyle is expanding its presence across into new markets, which includes and both single and multi-unit opportunities for development. Our Available Territories map will be updated regularly, so please check your area of interest or feel free to contact us to inquire about a specific market.
How are markets developed?
A Franchise Service Agreement provides franchise owners an option to franchise and operare one store or a limited exclusivity within a pre-determined trade area in one of NStyle’s target markets. Our development team has researched its growth markets to determine the appropriate number of locations suitable for a territory based on demographics, psychographics, and local population.
How is a site evaluated?
The ideal NStyle location is in a high-exposure shopping center or prime street location with high footfall on a daily basis and female or male oriented retailers, ideally an easily accessible location on their way to home or work with close proximity to either. Sites are approximately 1,000 square feet to 2,000 square feet, located in well-defined commercial areas with a strong employment base.
What are the minimum financial requirements to qualify?
The ideal NStyle franchisee has a minimum net worth of $700,000 and minimum liquid assets of $200,000.
How much is the franchise fee and initial investment?
The initial franchise fee is $50,000 for a single location; Master Franchise fee are negotiable for each additional location. Depending on the real estate site selected, the total cost of initial investment ranges anywhere from $395,500 to $750,000, and the franchise agreement initial term is 5 years with renewal option for an additional 5 years.
What are the royalty and advertising fees?
Franchisees can expect to pay a 6% royalty fee of monthly gross sales. In addition, franchisees will contribute 1% of gross sales to the National Advertising Fund and a minimum of 1% to site specific or Local advertising fund. All fees, estimated initial investment costs, contracts, and other valuable information are available on request.
How much money can I expect to make?
NStyle estimates revenue return in the region of 45% with ROI projections dependent on the size of the operation variance between 2 and 4 years. Actual profits depend on location, size of unit and many other local market variables.*
What type of support will I receive from NStyle?
NStyle has a dedicated Franchise support team and an assigned Operations Manager, to ensure the smooth opening to the highest standard and to maximize sales and profitability. Assistance will be provided every step of the way, including: . Support in finding a location and negotiating your lease. . Complete store design, development and construction support services. . Full integration with our customized online booking and POS systems. . Comprehensive operations manual. . Training for 1-5 members of your team. . Centralized NStyle “media package” wired to each location. . Marketing support and guidance including Social Media, Public Relations, Direct Mail and Promotional Materials. . Pre-Opening training at your newly constructed shop. . The opportunity to join a group of like-minded franchise owners who will share their key learnings and successes with you.
Will NStyle help me locate and hire licensed therapists?
NStyle is committed to assisting the Franchisee to ensure they hire highly qualified candidates that fit the NStyl’e brand ethos and culture. Our training team provide the A to Z of training pre store opening to ensure NStyle’s standards are fully met.
Will NStyle help with design and construction?
Our Real Estate and Development team will help coordinate the comprehensive services necessary to design and coordinate construction of your NStyle, including space planning, design, construction documents, and support during construction.
What is the next step?
If you meet the qualifications and are interested in franchising opportunities with NStyle please complete the online Request Info Form to begin the process.
What are the startup costs?
Startup costs naturally vary from one market to the next and even from one prime location to the next. A unit in Manhattan, NY will cost much more than a unit in let’s say Baton Rouge, LA.
TYPE OF EXPENDITURE | AMOUNT |
---|---|
Initial Franchise Fee | $50,000 |
Initial Software License and Set-Up (3 months) | $3,000 |
Technology Fees & Set Up Fees | $2,000 |
Security Deposits | $8,000 to $50,000 |
Lease Payments (3 months) | $12,000 to $30,000 |
Leasehold Improvements | $320,000 to $720,000 |
Architect, Drawings | $10,000 to $15,000 |
Signage | $5,000 to $15,000 |
Furniture and Fixtures | $20,000 to $48,000 |
Office Equipment, Supplies, Accessories & Customer Touchpoints | $2,000 to $5,000 |
Computer Systems | $20,000 to $70,000 |
Initial Inventory | $20,000 to $45,000 |
Uniforms | $1000 to $2000 |
Grand Opening Spend Fee | $12,000 |
Marketing and Promotional Inventory | $3,000 to $5,000 |
Business Licenses, Permits | $500 to $10,000 |
Professional Fees | $1,500 to $5,000 |
Insurance Deposits and Premiums (first year) | $3,000 to $8,900 |
Initial Training Expense | $3,500 to $12,000 |
Pre-Opening Training | $5,000 to $10,000 |
Site Survey Fee | $2,000 |
Additional Funds (3 months) | $40,000 to $70,000 |
TOTAL | $500,000 - $1,100,00 |
TAKE THE FIRST STEP IN BECOMING A FRANCHISE OWNER
FRANCHISE ENQUIRY FORM
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