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Below is an in-depth analysis and side-by-side comparison of The Lemon Tree 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 |
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Investment | $161,206 - $232,572 | $120,000 - $185,000 |
Franchise Fee | $32,500 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1974 | 1996 |
Year Franchised | 1976 | 1997 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | Yes/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Additional training available as needed | 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, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 10
Absentee ownership of franchise is NOT allowed. (60% 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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Lemon Tree Hair Salons is proud to be a national brand of locally owned
and operated hair salons. We are a large family of professional hair
salons, all locally owned and operated in many areas of the country. We
at Lemon Tree Hair Salons are proud of our brand's rich history of
providing high quality salon services at value pricing for the past 45
years! We value our amazing talent and are always excited to offer our
full range of value priced, professional salon services, including Haircuts. So please, next time you find yourself searching online for "Haircuts near me", feel free to visit your local salon and discover for yourself the Lemon Tree difference!
The Lemon Tree was founded in 1974 to provide family haircuts. When Joan M. Cable purchased her first salon in Bethpage, New York, this mother of three kept the salon open from 8 a.m. to 10 p.m. seven days a week.
Today, nearly 100 franchises offer services ranging from haircuts and styling to beard and mustache trim, updos, body waves, highlighting, coloring and permanents.
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.