Established in 2001, NStyle provides todays modern consumer with the ultimate luxury beauty experience, set in a tranquil and ultra hygeinic 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.
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 They Are Saying
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.
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
The ideal NStyle franchisee has a minimum net worth of $700,000 and minimum liquid assets of $200,000.
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
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.
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
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.
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
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.
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?
|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|