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Below is an in-depth analysis and side-by-side comparison of Cherry Blow Dry Bar vs Cirque Salon Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $218,600 - $392,500 | $572,837 - $743,085 |
Franchise Fee | $39,000 | $40,000 |
Royalty Fee | 7% | 5% |
Advertising Fee | 2% | 1% Nat'l + At least $500/mo local |
Year Founded | 2012 | - |
Year Franchised | 2013 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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. | Management and real estate experience is a plus for Cirque Salon Studios owner/operators. Some of the people who'd make optimal franchisees include real estate professionals (anyone involved in leasing, buying, selling or managing property) and other business professionals with sales, marketing or management 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 | *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. | Comprehensive pre-opening training and marketing assistance, such as helping you to develop an appropriate local marketing plan and materials to attract studio owners, and conducting recruiting and sales efforts. |
Support | *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 | As a Cirque Salon Studios franchise owner, you can take advantage of an established system that is focused on quality, consistency, and growth. Our track record is supported by an experienced team that can assist with all phases of your commercial real estate franchise growth: - Site selection and build-out guidance, including our approach to identifying appropriate sites, as well as help with facility designs, architectural resources, and equipment packages. - Comprehensive pre-opening training and marketing assistance, such as helping you to develop an appropriate local marketing plan and materials to attract studio owners, and conducting recruiting and sales efforts. - Confidential operations manual, a detailed, proprietary guide with the critical information you need to operate your franchise business, including daily operating procedures, management functions, reporting, forms, and more. - Ongoing support, including remote support by phone and email, plus webinars, newsletters, and also periodic field visits from a dedicated corporate support rep. - Technology tools, including automated facility entry systems to other tech-based operational tools, to help you manage your commercial real estate franchise business. |
Marketing | - | - |
Operations | - | Operate an efficient, technology-driven, real estate-based business, as they lease space to 25 to 30 independent studio owners. The franchise operation is designed to be far less complex and time-consuming than other opportunities, and allows franchise owners to better manage their investments, as well as their personal and professional schedules. |
Expansion Plans |
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US Expansion | Yes | 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.
Cirque Salon is part of a unique niche within two immense industries: the $12 trillion commercial real estate industry and the $42 billion hair salon industry . Our real estate investment franchise model is not only highly attractive to studio owners; it is also relatively resistant to economic fluctuations. Plus, our real estate investment franchise is a risk-adjusted, market tested concept with established standards and procedures. Our model is designed to be fully replicable and relatively simple to implement and follow - and it is backed by a full suite of support services and tools. Best of all, with Cirque Salon Studios' built-in automation, minimized staffing needs (no receptionist or other employed staff required), and focus on tenant retention, once your location reaches optimized occupancy rates, you won't have to spend a lot of time managing it.