4/10

Franchimp Summary Rating

0 /10
Higher than 100% of peers
1 /10
Higher than 97% of peers

Franchise Summary

Description
The franchised business being offered is IMAGE Studios salons that license individual turn-key salon studios and services to independent salon professionals under the trade name “Image Studios” in a salon mall setting using their innovative build-out system.
Company Background
Image Studios 360 is a franchised salon studio business that provides turn-key salon studios to independent stylists. We offer both the opportunity to own and operate their own beauty shop as well as leasing space in our mall, where we provide everything they need for success: from back-end accounting and marketing support to full-service equipment and customized interior design. With Image Studios 360, you can be your own boss without having to worry about heavy capital investments or overhead costs.
Franchise Opportunity
It can be hard to start your own business, but even harder to find the right space and equipment. Not only do you have to worry about getting your business off the ground, but you also have to find a place to work. Leasing or renting studio space can be expensive and time-consuming. Image Studios 360 is here to help. We offer turn-key salon studios that are ready for you to use, complete with all of the equipment you need. Plus, our innovative build-out system means that you can have your own salon studio up and running in no time.
Corporate Structure
The franchisor is Image Studios Franchise, LLC, a Delaware limited liability company. It acquired the IMAGE Studios franchise system in March 2024 and began offering franchises in May 2024. Its principal business address is 1370 South 2100 East, Salt Lake City, Utah 84108. Its direct parent company is IMAGE Studios HOLDCO, LLC.
Royalties and Marketing Fees

Royalties : 5.5% of gross revenue, or $250 per week minimum, whichever is greater.

Royalties : Up to 2% of gross revenue

Royalties : $2,000 each month, minimum until your reach greater than 70% occupancy. The minimum will reduce to $400 per month after you reach greater than 70% occupancy

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Beauty Related Services Industry

$307,947 / unit

Franchise Type: Standard

Average Revenue During 2019

$307,947
$98,628
Industry Low
$1,807,349
Industry High

Average Gross Profit Per Unit

Compared vs. Beauty Related Services Industry

$141,004 / unit

Franchise Type: Standard

Average Gross Profit During 2019

$141,004
$141,004
Industry Low
$311,878
Industry High

Franchisee Attrition

0 /10
This franchise's rate of attrition in 2013 of 300.00% was Much Higher than the 3% in the Beauty Related Services industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Distribution of Image Studios 360 Franchisees

Image Studios 360 Franchise System Development in 2025

FAQ

How much investment do I need to start my own Image Studios 360 business?
Franchisees typically require at least $773,392 to $1,734,462 investment to get their Image Studios 360 business started
What are the initial franchise fees for Image Studios 360?
Franchisees typically need to pay at least $71,000 in fees directly to Image Studios 360 in order to earn the right to launch their business
How much money can I make with a Image Studios 360 franchise? What are the average revenues for a typical Image Studios 360 business?
We estimate that the average revenue of an individual Image Studios 360 unit is approximately $307,947. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Image Studios 360 unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

1 /10
The Franchisor's investment costs ranges from $773,392 to $1,734,462 which is Much Higher than the $0 to $0 average in the Beauty Related Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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