Cartoon Cuts vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cartoon Cuts vs Salon Professional Education Company (SPEC) including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Cartoon Cuts Franchise
Salon Professional Education Company (SPEC) Franchise
Investment $97,000 - $216,000$145,500 - $1,111,000
Franchise Fee $25,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19912004
Year Franchised 20002018
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Cartoon Cuts Franchise
Salon Professional Education Company (SPEC) Franchise
Experience
  • General business experience
  • Marketing skills
  • Customer service skills
    		• -

    Financing Options
     
    Cartoon Cuts Franchise
    Salon Professional Education Company (SPEC) Franchise
      In-House/3rd PartyIn-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
     
    Cartoon Cuts Franchise
    Salon Professional Education Company (SPEC) Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks, Regional advertising-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 8

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Cartoon Cuts Franchise
    Salon Professional Education Company (SPEC) Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Cartoon Cuts

    Cartoon Cuts is committed to selecting the highest quality entrepreneurs and giving them the opportunity and tools to develop single and/or multiple franchise units throughout a specific protected territory. As a prospective franchisee, you have two franchising options: becoming an area developer or a single unit operator. If you choose to become an area developer, you will be responsible for the development of a pre-determined number of stores in your exclusive territory. Success as an area developer can be measured by sharing the successes of the stores operating under your area development agreement. As Cartoon Cuts continues to make a brand name marketing impact throughout the country, area developers become the foundation of the company’s strength and presence in the marketplace. As a single store operator, you will share in the strength of the Carton Cuts name while realizing the entrepreneurial freedom of owning a business that is part of a multi-billion dollar industry. Depending on the structure of the real estate deals, investment options may start as low as $100,000 for a complete, turnkey, single store location.

    About Salon Professional Education Company (SPEC)

    "SPEC

    Salon Professional Education Company is a network of amazing schools producing salon-ready professionals all across the country. Our leadership team is comprised of seasoned industry executives, educators, franchise experts, and business owners from many walks of life. The diverse nature of this group brings a unique insight and perspective to the beauty school industry and has led to the development of one of the strongest beauty school franchise systems in the nation.

    The total investment necessary to begin operation of a new TSPA, ESI or SPA Salon Professional Education Company beauty school franchised business is $668,000 to $1,111,000 for the model that includes hairstyling and $448,000 to $838,000 for the model that does not include hairstyling. This includes $45,000 that must be paid to the franchisor or its affiliates. This applies regardless of the service mark you may choose for operating your franchise.
    The total investment necessary to convert an existing beauty school is $145,500 to $628,500. This also includes the $45,000 that must be paid to the franchisor or its affiliates, and applies regardless of the service mark you may choose for operating your franchise.