| ||||
Updated RecentlyJon'Ric International vs Beaners Fun Cuts for Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jon'Ric International vs Beaners Fun Cuts for Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $65,000 - $399,999 | $120,000 - $185,000 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 2% | 6% |
| Advertising Fee | - | 3% |
| Year Founded | 1983 | 1996 |
| Year Franchised | 2003 | 1997 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | General business experience | The Franchisees most able to reap the rewards of franchising have a strong sense of purpose. They tend to be dynamic individuals who superimpose their creative talents upon those of the franchisor to refine the system. They are of high integrity, customer focused and team builders. The following is a list of some of the characteristics we look for when considering an application: * A Strong Desire to Achieve Goals (both personally and in business) * Customer Focused * A Team Player * High Level of Integrity * Passion * Be Involved With the Community Around You * The Ability to Get, Keep Very Satisfied Customers * The Willingness and Ability to Personally Devote the Necessary Time and Effort in the Day-To-Day Operations of the Business * Understanding that you are a Vital Part of the Beaners Fun Cuts for Kids Franchise and to Grow the Brand and Create Awareness in Your Market |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | You will be required to successfully complete the 2 week training period in Calgary, Alberta, Canada. During that time you will be spending 4 days at Head Office for one on one training. The remaining time will be spent in our "Training" location so you experience first hand the day to day operations of a Beaners location. |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures | - |
| Marketing | National & Regional advertising | - |
| Operations |
33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | Beaners does not require a full-time commitment from you but you must be involved in the day-to-day operations of your business. |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Jon'Ric International
Jon'Ric International is the pioneer of the "Upscale Custom Franchise Specialty Spa". We hold a strong position in the Beauty and Wellness Industry with a high quality of services and products. Jon'Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon'Ric name. Advantages and benefits... We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of Jon'Ric International.
About Beaners Fun Cuts for Kids
Beaners Fun Cuts For Kids is a family-focused hair salon created with kids in mind. We are here to make haircuts fun for kids and create a welcoming and relaxing experience for parents.