Chatters Salon and Beauty Supply vs Salon Professional Education Company (SPEC) Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Chatters Salon and Beauty Supply 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 |
Investment |
$400,000 - $700,000 | $145,500 - $1,111,000 |
Franchise Fee |
$40,000 | N/A |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
1988 | 2004 |
Year Franchised |
1991 | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
Yes | - |
International Expansion |
- | - |
Company Overviews
About Chatters Salon and Beauty Supply
We take pride in helping independent business owners build thriving salons and beauty stores that serve the needs of our customers.
Our vision is to deliver a promise of beauty through our retail products and a menu of quality salon services.
Our programs are comprehensive and far reaching. Franchisees benefit from a turn key operation and winning advantages:
Unprecedented retail sales
Excellent margins
Purchasing power
Alliance with industry leaders
Dynamic marketing
Unmatched variety
Advanced training
Recognizable brand
Ongoing support
By joining Chatters and becoming a Franchisee, you are joining an elite franchise group that has consistently been the industry leader in the hair care industry in Canada for over 20 years. Our experience and expertise in this unique and growing industry is what will take your franchise over the top and ensure longevity as the industry and market evolves and changes.
Our company will continue to strive to be the leader and innovator in our industry. This is accomplished through large amounts of investment in time and resources in constantly developing and improving our business and operations to ensure we are always a step ahead of the competition.
Join Chatters if you want to be a leader in the hair care industry today, and in the future.
#90 in Canada's Top franchises.
About Salon Professional Education Company (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.