|
Below is an in-depth analysis and side-by-side comparison of Inaara MedSpas vs Primp and Blow including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $250,000 - $600,000 | $227,175 - $622,553 |
Franchise Fee | $100,000 | $57,100 - $435,000 |
Royalty Fee | 5% | 3% |
Advertising Fee | - | 1% |
Year Founded | 2002 | 2010 |
Year Franchised | 2003 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Primp and Blow is looking for energetic,ambitious individuals who want to use their experience and business skills to operate and own their own business. No hair care experience is necessary. A future Primp and Blow franchisee needs to have business building and marketing skills along with team building and employee relation experience. | |
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 | - | *Training and development to increase your skills and knowledge *Training and support for new business implementation *Brand management training *Brand promotion training *Brand standards and guidelines support and training *Proprietary technology education *Detailed workshops on creative hair and makeup techniques from the Primp and Blow Hair & Makeup Advanced Training On-The-Job Training: 1 week Classroom Training: 1 week |
Support | Newsletter, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | We provide support in salon design and construction, supplier order and co-ordination and many other pre-opening tasks. Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 6 - 8 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
NO LONGER FRANCHISING