Trade Secrets/Glamour Secrets vs Lord's & Lady's Hair Salons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Trade Secrets/Glamour Secrets vs Lord's & Lady's Hair Salons including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Trade Secrets/Glamour Secrets Franchise
Lord's & Lady's Hair Salons Franchise
Investment $200,000 - $350,000$50,000 - $175,000
Franchise Fee $25,000$25,000
Royalty Fee 6%6%
Advertising Fee --
Year Founded 19891975
Year Franchised 19901980
Term Of Agreement -10 years +10
Term Of Agreement -10 years +10
Renewal Fee --


Business Experience Requirements

 
Trade Secrets/Glamour Secrets Franchise
Lord's & Lady's Hair Salons Franchise
Experience --

Financing Options

 
Trade Secrets/Glamour Secrets Franchise
Lord's & Lady's Hair Salons Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Trade Secrets/Glamour Secrets Franchise
Lord's & Lady's Hair Salons Franchise
Training -Boston, MA 2-5 Days
Support -Central Data Processing

Central Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening

Inventory Control

Regional or National Meetings

800 Telephone Hotline

Marketing --
Operations -Average Number of Employees: 6 Full-time, 8 Part-time

Passive Ownership: Allowed, But Discouraged


Expansion Plans

 
Trade Secrets/Glamour Secrets Franchise
Lord's & Lady's Hair Salons Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Trade Secrets/Glamour Secrets

Trade Secrets is Canada's pioneer one stop beauty shop with a full service salon and over 4,000 high quality Salon products for sale under one roof. The beauty industry is booming and proven to be recession proof and Trade Secrets is riding the explosive growth. With over 65 locations now in high visibility, high traffic malls and outdoor locations, Trade Secrets is looking for franchisees in ON and QC to join its success story.

"Top
#125 in Canada's Top franchises.

About Lord's & Lady's Hair Salons

Service and retail mall locations which normally do 50% men and 50% women in sales.
At Lord's & Lady's Hair Salons, we pride ourselves in providing our customers with the perfect cuts, colors, perms and other hair services, along with the highest quality of customer service. Our stylists are highly trained in today's latest hair trends and attend regular classes with major styling educators. Founded 1971 in Boston, Massachusetts, Lord's & Lady's Hair Salons has been servicing the New England area as a full service beauty salon. Salons located throughout New England.