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FranchiseVerdict

Merle Norman Cosmetic Studio vs SHUBH® Beauty

Franchise Comparison 2026

Both Merle Norman Cosmetic Studio and SHUBH® Beauty are personal care & beauty franchises. Merle Norman Cosmetic Studio requires an investment of $48K – $260K while SHUBH® Beauty requires $80K – $185K. FranchiseVerdict rates Merle Norman Cosmetic Studio C (Average) and SHUBH® Beauty A (Top Quintile).

Investment Range
$48K – $260K
$80K – $185K
Franchise Fee
$0
$10K
Royalty Rate
0
$1,000 per month
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
N/A
N/A
Total Units
797
122
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1934
2019
FDD Year
2025
2025