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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 Cherry Blow Dry Bar 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 | $218,600 - $392,500 |
Franchise Fee | $24,500 - $28,500 | $39,000 |
Royalty Fee | 8% | 7% |
Advertising Fee | 2-3% | 2% |
Year Founded | - | 2012 |
Year Franchised | - | 2013 |
Term Of Agreement | 3-5 years | - |
Term Of Agreement | 3-5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. |
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. | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. |
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. | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
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 | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
'The blowout category', is quickly growing into what has become a $40 billion a year global hair salon industry. There is no end in sight for the growth of this industry, and with a sound, proven business model and operational method in place, Cherry Blow Dry Bar offers you a way to get into an exploding industry without having to figure it out on your own.
Cherry Blow Dry Bar is an expanding franchise that provides premium express services including blowouts, hair extensions, makeup services and treatments for a perfectly finished look, all at affordable prices through a unique membership model.
Under new ownership of franchise veterans Fred Vicario and Steve Vicario, the blowout category has been reinvented to meet the growing demand for the best level of hair styling, while also providing a business opportunity to entrepreneurs interested in this booming industry.