OVO Salon Franchise — Costs & How to Buy
The Salon Industry has been stuck with outdated models for decades. We changed that.
- Initial investment
- —
- Franchise fee
- —
- Royalty
- —
- Units open
- —
- Liquid capital
- $250+
- Founded
- 2009
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Overview
OVO Salons offers a modernized salon experience through a hybrid business model that combines aspects of commission-based work and chair rental for stylists. They aim to address the inefficiencies and broken models prevalent in the traditional salon industry by providing stylists with better compensation, professional advancement opportunities, operational support, and a collaborative environment. The company provides a franchise opportunity for experienced business owners to invest in this proven and scalable salon concept.
Key differentiators
["Hybrid Compensation Model: Offers stylists phased compensation (commission to chair rental) allowing for career progression and equity building, a departure from traditional salon models.","Operational Infrastructure & Technology: Provides comprehensive operational support including a staffed front desk, mobile technology for stylists, and eliminates the operational burden from independent contractors.","Open Air Design: A unique salon layout that fosters community and collaboration among stylists, contrasting with the isolation of traditional salon suites.","Recession-Resistant & High Repeat Business: Operates in a stable $65 billion industry with high consumer loyalty and services that cannot be outsourced or replaced by technology.","Manager-Run & Multi-unit Scalability: Designed for serious operators with a manager-run model that supports opening and managing multiple locations, offering flexibility to franchisees."]
Training & support
The website mentions that OVO Solons provides a 'full infrastructure' including operational support, a staffed front desk, and continuing education for stylists. For franchisees, the management model is designed to be easy to manage, or a General Manager can be hired. The leadership team has extensive experience in the franchise and salon industry, suggesting comprehensive support for franchisees, having helped open hundreds of locations previously.
Ideal candidate
The target market for OVO Salons consists of two main segments: 1) Salon customers who value quality hair services, a community-oriented salon environment, and professional stylists. 2) Salon stylists who are seeking better compensation, career advancement, operational support, and entrepreneurial freedom without the burden of full salon ownership. For the franchise opportunity, the target market is experienced business owners and corporate executives with strong financial acumen and a 'heart-forward' personality, capable of running a manager-led, multi-unit business.
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OVO Salon franchise — frequently asked questions
How much does it cost to open a OVO Salon franchise?+
Total initial investment for a OVO Salon franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does OVO Salon charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a OVO Salon franchise?+
No prior industry experience is required. OVO Salon provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a OVO Salon location?+
From signed franchise agreement to grand opening, most OVO Salon franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for OVO Salon franchisees?+
OVO Salon is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.