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Below is an in-depth analysis and side-by-side comparison of Jon'Ric International vs Sharkey's Hair It Is including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $65,000 - $399,999 | $106,170 - $138,995 |
Franchise Fee | $35,000 | $99,995 |
Royalty Fee | 2% | $1000/Month |
Advertising Fee | - | - |
Year Founded | 1983 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | General business experience | We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun. |
Financing Options |
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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 |
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Training | - | 4 day comprehensive training |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures | Site selection & negotiation *Salon design and layout *Grand opening and continuous marketing programs *On-site assistance during grand opening week *Owners meetings to discuss operations and marketing |
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) | For single salon owners we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.