|
Below is an in-depth analysis and side-by-side comparison of SportClips vs Ziba Beauty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $233,800 - $388,300 | $175,000 - $370,000 |
Franchise Fee | $25,000 - $59,500 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 5% | - |
Year Founded | 1993 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $3.5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
Franchisees required to buy multiple units/master licenses; 98% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 12
Absentee ownership of franchise is allowed. (32% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Ziba Beauty is a salon that meets an unmet need in the beauty industry by bundling the culture and traditions of the Far East to bring selected beauty services to the United States, including the Art of Threading, an ancient street art form of hair removal and eyebrow shaping, and the Art of Mehndi, a traditional art form of painting a temporary body art on the hands and feet for celebrations and good fortune. Join the Ziba team today!