DYME
Cherry Franchise Broker
Total investment:
$ 15,000
Franchise fee:
$ 25,000
Royalty fee:
5%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 2017
Franchise since: 2019
Company owned units: 1
Franchise owned units: 1
Total number of units: 2
Number of employees per unit:
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEDYME 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):
Nails services (gel manicure, pedicure, acrylic nails, nail art;
Various beauty services (facials, threading, microneedling, waxing, etc.);
Lash extensions;
Hair styling;
MakeUp services;
Massage services (Swedish, deep tissue, aromatherapy, etc.);
Corporate events;
Weddings group bookings – hair, makeup, mani pedi;
Pamper parties;
List can be further updated by franchisees – for example, personal trainers, yoga instructors and more.
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 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:
Full onboarding training on the App technology side and on the entire business cycle (artists onboarding & engagement, marketing, sales, BD, CRM, operations, etc.).
App tech support will be provided throughout franchisees operations.
Access to 24*7 support line.
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.
REQUIREMENTS TO BUY DYME BEAUTY APP FRANCHISE
DYME business franchise is an ideal solution for people who are already in a beauty/ spa/ lifestyle businesses. For example, if you are a Beauty Salon owner, the DYME app is a great solution for you to scale your business and maximize productivity by allowing your beauticians to start taking house calls vs. sitting in salon when there are no client bookings.
Also if you are professional makeup artist or Nail technician or Beauty professional who wants to start your own business – DYME is a great platform for you to help you grow and scale successful business.
DYME App is also a great solution for retail businesses who are selling makeup & beauty products and already established great network among makeup artists and clients. Then DYME app will just scale your business significantly.
same for event organizers, like weddings or Corporate events – DYME app will help to scale your business.
REQUIREMENTS FOR PREMISES OF DYME
Fully online business. Requires to launch Social Media accounts, Website and run digital marketing campaigns, driving people traffic to the App downloads. Franchiser will provide training, guidance and support with this.
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.
Franchise fees: $25,000 (entrance fee)
Franchisee fee covers:
The use of the DYME brand and logo.
The use of the DYME merchant platform/ Dashboard which is the main operational platform (approximately 2 months to be set up for the new country).
Know How on running successful on demand App business: Attracting and converting quality leads, Sales, CRM, BD, Artists engagement, security protocol, etc.
Franchisee will get access to the 24*7 tech support line with the App developers on the Dashboard.
Franchisee will be provided DYME Artists booklet with main DYME policies.
Access to the gallery of DYME videos, photos, YouTube channel that franchisee can leverage.
Assistance with the set up and running Social Media accounts
Full “Know how” training will be provided to the new franchisee’s Team, covering the following areas:
Artists/ mobile salons onboarding & Artists engagement process.
Both DYME Apps tech training – DYME customer App & DYME Artist App.
DYME Dashboard (Managing clients bookings, monitoring App downloads, running promos, monitoring metrics, etc.)
PR/ CRM processes.
Business Development.
Artists Quality assurance.
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.
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