| ||||
Updated RecentlyBlo Blow Dry Bar vs Salon Professional Education Company (SPEC) Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Blo Blow Dry Bar 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 | $229,000 - $347,500 | $145,500 - $1,111,000 |
| Franchise Fee | $39,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 2007 | 2004 |
| Year Franchised | 2007 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | The ideal Blo Blow Dry Bar Franchise Partner:
• is passionate about delighting customers • has great people skills • has a strong work ethic, a commitment to follow proven systems, and basic business skills • is actively engaged in driving their business • is comfortable building partnerships and representing blo in the community • possesses an entrepreneurial sprit and is determined to the success of their small business • has a net worth of at least $350,000 | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | Our comprehensive training and coaching programs cover the entire spectrum of your business: site selection & lease negotiation, recruiting & training, marketing & PR, day-to-day operations, and the best blow drying techniques. | - |
| Support | Blo’s head office team is passionately dedicated to your success. Our expert staff are here to support you from the minute you sign on as a Franchise Partner, through your grand opening, and on a daily basis. | - |
| Marketing | Blo’s marketing team is here to guide you on all aspects of marketing and PR, including social media and event planning, and to provide the promotional tools you need to succeed. Consider us your in-house marketing department. We also design any marketing materials you require including signage, business cards, flyers and coupons, advertisements and event invitations. | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Blo Blow Dry Bar
Blo Blow Dry Bar is the original blow dry bar and the world’s largest blow
dry bar franchise. The company transformed beauty norms and reinvented
the salon industry when it launched the “no cuts, no color” concept:
only blow outs. Since opening its first location in Canada in 2007, Blo
has grown to over 130 locations across North America and continues to
expand rapidly. With a mission to enhance the lives of those in the
community through the power of flawless blow outs and beauty services,
Blo Blow Dry Bar offers perfectly styled hair and exceptional customer
experiences seven days a week.
Qualified Veterans, receive 10% discount on the initial franchise fee
About Salon Professional Education Company (SPEC)
!["SPEC]("https://fddexchange.com/wp-content/uploads/2021/02/SPEC-Salon-Professional-Education-Company.jpg")
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.