|
Below is an in-depth analysis and side-by-side comparison of Paramount Home Beauty vs 18/8 Fine Men's Salons including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $44,100 | $50,000 - $232,089 |
Franchise Fee | $14,800 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2004 | - |
Year Franchised | 2006 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Business experience with an affinity to hospitality and managing small teams are the essential skills we look for. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) | - |
Support | - | - |
Marketing | - | Marketing is our strength � our CEO has a thirty year background in marketing. We have great programs and materials already designed that will help get you customers and build a buzz around the brand. |
Operations | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | We help you find and train a quality behind-the-chair manager. With this key person in place, then the rest of the team can be hired and managed. Many franchisees also bring in family members to work for the franchise and help manage operations. |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.