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Updated RecentlyHair Saloon For Men vs Famous Toastery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hair Saloon For Men vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $218,600 - $299,900 | $600,500 - $1,024,500 |
| Franchise Fee | $30,000 | $40,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | 1%-2% |
| Year Founded | 1997 | 2005 |
| Year Franchised | 2002 | 2013 |
| Term Of Agreement | 10 years | 10 Years |
| Term Of Agreement | 10 years | 10 Years |
| Renewal Fee | 25% of initial franchise fee | 0 |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Hair Saloon For Men
Hair Saloon is the reinvention of the neighborhood barbershop providing a premium brand of hair cutting services that appeals to men of all ages.
Launched in St. Louis, Missouri in 1997, Hair Saloon provides Men and Jr. Men the comfort and convenience that is unmatched in the industry.
Appointments and walk-ins are greeted by a friendly, full-time Saloon Supervisor. Each customer is treated to outstanding customer service that includes a complimentary beverage, relaxing shampoo, complimentary
shoeshine, and hot towel and mint for the perfect finish. Our commitment
to outstanding customer service, combined with the relaxing atmosphere
found at every Hair Saloon creates a premium haircut experience that
has proven to be a successful business model.