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Below is an in-depth analysis and side-by-side comparison of s.h.a.p.e.s Brow Bar vs State Street Barbers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $63,150 - $83,100 | $191,500 - $297,000 |
Franchise Fee | $24,500 - $28,500 | $25,000 |
Royalty Fee | 8% | 5% |
Advertising Fee | 2-3% | 3% local +2% Nat'l |
Year Founded | - | 2003 |
Year Franchised | - | 2010 |
Term Of Agreement | 3-5 years | - |
Term Of Agreement | 3-5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | A structured training program is provided which includes classroom and onsite training. | - |
Support | A comprehensive support system is in place to guide you from site selection, facility layout and design, hiring, training and marketing to the day to day operations of your beauty bar using technology and support of top management and area representatives. | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. |
Marketing | ♣ Use of Shapes Brow Bar name, logos and trademarks. ♣ Use of our custom software application to assist you in running an efficient business. ♣ Access to proprietary and proven systems and techniques designed to make business ownership simple and efficient. ♣ Pre-negotiated and discounted vendor rates offered exclusively to Shapes Franchisees. ♣ A well managed website that will promote your location that will post your address, phone number, hours of operation and give directions to and from your clinic. ♣ A Research and Development team working hard to stay ahead of industry trends. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
State Street Barbers is not your typical franchise opportunity. Unlike most franchises offered in the men's grooming segment, we do not desire to be the next large discount haircut franchise chain, with hundreds of locations that rush customers in an out like an assembly line operation. Nor do we aspire to be the next "male salon" that misses the mark on what most men want by offering services such as pedicures and paraffin wax hand treatments. Our discipline in staying true to our value proposition and focusing on our strengths has allowed us to excel in the market and evolve quickly into an award winning and recognized concept. It is this same discipline that will now propel us forward and help drive our growth in the world of franchising. We are committed to ensuring that franchise owners are selected carefully, as well as trained and supported properly, in order to maintain the integrity of our brand. Though relatively young, our business model, and its singular focus on genuinely meeting the needs of our male customers, has allowed us to establish a strong and loyal following in multiple markets and provided a compelling proof of concept for further expansion. Our objective now is to create a tight-knit franchise community to help extend this same level of service and quality to untapped markets while staying true to our brand promise and upholding the ideals and principles that have been the hallmark of our concept to date. When you are selected to join our team, you actually become part of the State Street Barbers family � a small, tight-knit group committed to building something special and helping the entire team reach its full potential.