People will stare, make it worth their while as claimed by Harry Winston. No wonder, people nowadays tend to hide behind beauty as an armor or shield in this crazy world. In the Philippines, beauty and fashion are one of the trends that never die. Maybe because we are inclined to appreciate anything that is pleasant to the eyesight and we always want to be our very best no matter what. If you are one of the beauty aficionados who prefers to use this passion in business, then why not use this concept in franchising. Have you heard that, Ystilo salon is open for franchising? If not, then, you better check out the details below for your reference.
About Ystilo Salon
Ystilo salon has been in the industry since the 8th of August 1999 and its founders are Ms. Sheila Moreno and Mr. Federico Moreno and the beautiful actress and singer Ms. Vina Morales. The concept of Ystilo salon is a modern, Spanish salon. For 16 years, it has been one of the popular salons in the Philippines because of the celebrity endorsements that we see on print, TV and even hear on the radio. It has 24 branches nationwide and still counting. Ystilo salon is known to give high quality and professional services at an affordable rate. Their products are mostly imported and of superb standards.
Main Products and Services Offered
Traditional and air brush make up
Facial and body treatment
Bridal Wedding packages and more
Their customers are not only young professionals to middle aged men and women but of all generations as applicable. Because of the promotions they have per occasions, their sales soar up and sell like pancakes. Just like the recently held Valentine’s Day promo, packages were mostly Php 550 and a lot of discounts were offered too.
How Much is the Franchise Fee for Ystilo Salon and What is the Franchise Package?
The franchise fee for Ystilo salon is around Php 1,300,00.00 and includes the franchise fee and also the salon’s supplies and equipment. There is a cash bond of Php 100K but this is refundable upon reaching the end of the franchise agreement.
Standard Package Inclusions:
Use of trade name and proprietary marks
Proposed location assessment and approval
Research and Development
Business and Marketing Plan
Regular Business Reviews
Assistance in hiring qualified, well trained and professional staff which includes the hairstylist and junior stylist
Training for the franchisee
Monthly Technical Support
Quarterly Refresher Training of Franchisee and or Staff
Assistance in Purchasing Equipment and Merchandise
Updating of Style and Trends
Marketing Support per Branch
Provides assistance during the opening of the branch
Print, Radio and TV Exposure with Celebrity Endorsements
Inclusion in the Ystilo Salon Privilege Card
Grand Inauguration Support with Media Coverage
What are the Ideal Locations for a Ystilo Salon Franchise?
The ideal locations for Ystilo Salon are in malls or in the roadside area of your preferred target location. The higher the foot traffic the better. But you have to bear in mind that the construction of an outlet in a mall is around twenty percent more expensive as compared to a roadside outlet. The construction in a mall outlet of 60 square meter would cost roughly around Php 1.4M while the construction of a roadside outlet is estimated at around Php 800,000 for a 60 square meter salon. The construction cost is not included in the franchise package and is solely the responsibility of the franchisee. And for out of town outlets, additional charges would apply for the architectural designs.
When Would I Get my Return of Investment?
Most of the outlets have concluded that their return of investment was achieved within two years. The results may vary from your location, marketing strategies and staff management.
One of the advantages of hopping on a franchise business is that you are assured that the brand you are selling is already well known to the public. The consumers have embraced the concept of the brand and there is a known reputation set. It would not be difficult to get customers as they already have patrons from previous outlets. Although, you are just continuing what is already done by the company, you can still employ your personalized touch in your franchise business through your managerial skills in handling your staff and in exerting your marketing strategies to generate more profits. In that way, you would only focus on these important matters instead of getting stagnant on step one which is introducing the brand or trade name to the public. No wonder, many entrepreneurs are switching to the franchising world. Try it for yourself and see how Ystilo Salon franchise would turn out for you!