State Street Barbers vs The Lash Lounge Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of State Street Barbers vs The Lash Lounge including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
State Street Barbers Franchise
The Lash Lounge Franchise
Investment $191,500 - $297,000$178,471 - $495,152
Franchise Fee $25,000$33,167 - $49,500
Royalty Fee 5%6%
Advertising Fee 3% local +2% Nat'l2%
Year Founded 20032006
Year Franchised 20102010
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
State Street Barbers Franchise
The Lash Lounge Franchise
Experience --

Financing Options
 
State Street Barbers Franchise
The Lash Lounge Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
State Street Barbers Franchise
The Lash Lounge Franchise
Training -

Our training program consists of two weeks training with the corporate support team prior to opening for business and additional training and support following. We provide a comprehensive training program using combined methods of learning for all levels of employment within The Lash Lounge salon.
Support 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 --
Operations --

Expansion Plans
 
State Street Barbers Franchise
The Lash Lounge Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About State Street Barbers

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.

About The Lash Lounge

The Lash Lounge franchise provides women and men from all career and personal backgrounds with the opportunity to own your own business and get in on the ground floor of one of the fastest growing industries. The express, personal care services industry is growing quickly. The U.S. beauty industry is estimated to reach $63 billion by 2016, growing at a rate faster than the economy average. Lash Lounge owners enjoy the comforts of working in a relaxing, yet up-beat working environment, providing a service that helps people feel better about themselves and earn a desirable income - all while working a schedule that compliments their lifestyle.
Our franchise discovery process allows people like you to take a peek inside our business model, support infrastructure, comprehensive training, marketing platforms and company culture before joining the team! Eyelash extensions are the newest revolution in the industry. The application of individual synthetic eyelash extensions by highly trained professionals gives the appearance of naturally longer, more lush eyelashes. Unlike drug store eyelash strips or clusters, eyelash extensions are adhered to the natural lash one-by-one and will last forever with regular maintenance. The service is growing in popularity with women everywhere because of the low-maintenance beauty routine and effortless glamour it offers.
The Lash Lounge provides a high-end customer experience using top of the line products, cutting edge techniques and excellent customer service. What makes The Lash Lounge franchise different? There is no direct franchise competition. We are the #1 eyelash extension franchise in the country! Our award winning store design optimizes revenue potential while providing guests with a one-of-a-kind customer experience. We provide all owners with comprehensive pre-opening training and a customized on-going support program to meet your needs. All owners receive marketing and employee management training to replicate The Lash Lounge culture in their own salon. Our service techniques, medical grade products, cutting edge tools and top-notch customer service outperforms the competition. Our repeat clientele trust The Lash Lounge brand and given us the reputation as "the best in the business". No beauty industry experience is required. Just a desire to achieve your goals!

The total investment necessary to begin operation of a The Lash Lounge® Salon ranges from $178,471 to $495,152. This includes the $70,863 to $81,588 that must be paid to the franchisor or affiliate.
If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $49,500 initial franchise fee you will pay to us either $99,500 for the development of three Salons or $149,500 for the development of five Salons under the terms of their development agreement.


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