DYME beauty app started as “Beauty & Spa on demand services” but the Brand is rapidly expanding into a lifestyle platform, promoting happy and healthy living- the range of services can be easily expanded by franchisees.
With DYME clients can enjoy convenience of artists coming to their homes, offices, hotels, golf clubs, fashion shows, tv shots, hospitals, retirement villages.On the other hand, artists enjoy earning additional income at flexible work hours, days, etc.
One of the major advantages of this business model is that DYME franchisees do not incur any major overheads like salon rent or salary payments to Artists and only keep commission from tasks performed by Artists.
DYME customer app and DYME artist apps are available for the download from Google play or App store in any country globally.
The range of services includes but not limited to (Franchisee can update according to the market demands, dynamics):
The whole operations set up in a new country can be done within 2 months and can be managed fully online. The app developer is from India. They can set up everything online, and you would be fully prepared by the moment lockdown is over. DYME can keep you busy during the quarantine if you love being busy!
DYME Beauty App Franchise Offer
DYME is a smart phone mobile application that connects freelance beauty & spa therapists with clients by a simple click on a button (Uber for beauty).
DYME app brings value to both type of Users: clients can enjoy convenience of artists coming to their homes, offices, hotels, Airbnbs, golf clubs, fashion shows, TV shots, hospitals, retirement villages, etc. And Artists enjoy earning additional income at flexible work hours.
One of the major advantages of this business model is that DYME does not employ artists but rather enter into partnership with them.
We will provide all our franchise partners:
DYME franchisee business require small dedicated core team, plus all Artists enter into partnership agreements with DYME (not employment). The bigger the customer demand and the stronger & effective your team of Artists is the higher your revenue & profits!
Dyme Franchise Terms-$ 25 000 ($50 000 for Master Franchise)
First year: Free from royalties.
Starting from the second year: 5% from Revenue.
DYME has a franchise fee of up to $50,000 with a total initial investment from $15,000.
Initial investments: $15,000 (In addition to $25,000 - franchise entrance fee).
DYME business can be fully run online and doesn’t require renting a space. However having a core location in a busy beauty / spa salon would be beneficial for the business at later stage or in case if franchisee already run a beauty salon or spa.
Payback period: 12 months
Average turnover per month: $10,000+
Royalties: 5% from Revenue starting the second year of operations
Franchise fees: $25,000 (entrance fee)
Franchisee fee covers:
Full “Know how” training will be provided to the new franchisee’s Team, covering the following areas:
Franchisee will also need to establish new DYME social media accounts in the country of operations(Instagram, Facebook accounts). Plus DYME website in the country of operation in local language that will be linked with the HQ DYME website.
Other current payments: none
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Fully online business. Franchisee keeps 20% commission from each task or 35% commission from group bookings (Corporate events, weddings, pamper parties celebrations, retirement villages, hospital patient or medical personnel treatments, etc.)
12 months (example: 10 Artists performing 2 services per day or 600 per month or 7200 services per year * $40 min per transaction = $288,000 Total income, 20% DYME franchisee commission - $57,600. * Plus group bookings, for example - weddings, fashion shows, birthday parties, corporate events with recommended split of 60% (Artists), 40% DYME due to events project management involved.
Average turnover per month:
$24,000 Total income- very modest forecast, based on only 10 Artists performing 2 services per day at $40 per transaction, 20% DYME commission is $5,000 - this is average for the first year of active operations and average income per year can grow fast to $10,000+ as business scale through more and more App downloads through effective digital marketing campaigns & engaging/onboarding more Artists, mobile salons.
Fully online business. Requires small core team (2-3 people) strong in social media, digital marketing, basic tech skills, operations & sales. Franchisee does not need to hire Artists and only keeps 20% commission from tasks performed. When operation grow, operations like Call Center can be fully outsourced to experienced companies in low cost locations.
App tech support will be provided by Franchisor throughout a franchisee operations and is covered by 5% royalties.
Based on the current situation, the world is clearly continue moving towards more technology businesses, online purchases, including on demand services as people will be more cautious about visiting public places and prefer more individual services approach.