How To Get Studio 11 Franchise: Cost, Profit Margin

Studio 11 Franchise is the best hair salon Franchise in India. We will discuss Studio 11 Franchise Cost, Profit, Review, and How to Start the Franchise.

Starting in 2001, The franchise has 700+ salons in 20+ states in India. You can directly enroll for the Studio 11 Franchise by filling up the form on their website or the form given below on this website.

The brand identifies itself as “India’s No.1 hair and beauty salon”. The unisex salon chain provides high-quality beauty service and hygiene at affordable rates.

Studio 11 Franchise Cost

  • Studio 11 Franchise Cost ₹30,00,000 Rupees to ₹45,00,000 Rupees as an initial investment.
  • Franchise Fee charged will be 6,00,000 Rupees+GST
  • The minimum area required is 1200 Square Feets.
  • Other Investments include Branding, Store Setup, and Interior Cost
  • The Agreement will be for 5 Years, which will be renewed for free if everything goes good
  • Royalty charged will be 15% on Sales.
  • The expected Return on Investment is 2-2.5 Years.

Benefits of Studio 11 Franchise

  • True Pan-India franchisor in premium salon & spa, unisex segment with 200+ salons
  • Unique customer experience through 250 SKUs managed via brand store a first of its kind in the industry
  • Franchisee-friendly royalty system
  • Sales and Marketing Support through online campaigns
  • Dedicated corporate office with a team of 50 + members for franchise support
  • Fastest-growing Salon & Spa brand with over 200+ locations across India
  • Pan India Tie-Ups with companies like Paytm
  • Unique software that puts franchise owners under complete control over salon management
  • Backed by Existing Partners’ Success
  • Best in Class Set-up at 30 – 50% below the competitor’s price

Studio 11 Franchise Profit

We will analyze the Studio 11 Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 3,00,000 Rupees i.e. 10,000 Rupees per day.

ParticularsAmount
Gross Service Sales3,00,000 Rupees
Per Customer Cost @10%(30,000) Rupees
Rent(60,000) Rupees
Electricity and Water Supply(10,000) Rupees
Salary of Workers and their Expenses(85,000) Rupees
Royalty @10%(30,000) Rupees
Other expenses(15,000) Rupees
Net Profit70,000 Rupees

We can conclude that the Profit Margin of the Studio 11 Franchise is 23.33% for Sales of 3,00,000 Rupees. The outlet may have less profits in the initial days but the store will gain high popularity eventually and will have great demand in the market.

After good Local Marketing and Branding, the Sales will increase to 4.5 Lakh Rupees per month and the profit margin will be 40% on Sales or 1,80,000 Rupees.

Location is crucial in determining a franchise’s success rate along with quality and service.

The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.

You can open the outlet nearby colleges, corporates, or any place where people love to have Hair Salons.

How to get Studio 11 Franchise?

To get the Studio 11 Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.

Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
Instagram- https://www.instagram.com/franchise.information/

For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business

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