|
Below is an in-depth analysis and side-by-side comparison of Jon'Ric International vs Blo Blow Dry Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $65,000 - $399,999 | $229,000 - $347,500 |
Franchise Fee | $35,000 | $39,000 |
Royalty Fee | 2% | 6% |
Advertising Fee | - | - |
Year Founded | 1983 | 2007 |
Year Franchised | 2003 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | General business experience | The ideal Blo Blow Dry Bar Franchise Partner:
• is passionate about delighting customers • has great people skills • has a strong work ethic, a commitment to follow proven systems, and basic business skills • is actively engaged in driving their business • is comfortable building partnerships and representing blo in the community • possesses an entrepreneurial sprit and is determined to the success of their small business • has a net worth of at least $350,000 |
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 | - | Our comprehensive training and coaching programs cover the entire spectrum of your business: site selection & lease negotiation, recruiting & training, marketing & PR, day-to-day operations, and the best blow drying techniques. |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures | Blo’s head office team is passionately dedicated to your success. Our expert staff are here to support you from the minute you sign on as a Franchise Partner, through your grand opening, and on a daily basis. |
Marketing | National & Regional advertising | Blo’s marketing team is here to guide you on all aspects of marketing and PR, including social media and event planning, and to provide the promotional tools you need to succeed. Consider us your in-house marketing department. We also design any marketing materials you require including signage, business cards, flyers and coupons, advertisements and event invitations. |
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) | - |
Expansion Plans |
||
US Expansion | 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.