Salon Professional Education Company (SPEC) vs Men's Hair House Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Salon Professional Education Company (SPEC) vs Men's Hair House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$145,500 - $1,111,000 | $159,310 - $351,770 |
Franchise Fee |
N/A | $35,000 |
Royalty Fee |
- | 4%-4.5% |
Advertising Fee |
- | 2% |
Year Founded |
2004 | 2013 |
Year Franchised |
2018 | 2015 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Salon Professional Education Company (SPEC)
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.
About Men's Hair House
There is nothing quite like the Men’s Hair House vibe, and we’ll show
you how you can replicate it in your own location(s) - so that customers
are sure to feel it, as soon as they walk through your front doors.
Leather armchairs will greet your customers in the lounge area featuring
big-screen TVs, complimentary peanuts, refreshing beverages, and men’s
magazines.
As a men’s salon franchise owner, you can do it all: be your own boss,
cultivate your team’s and your business’ growth, and meet the growing
demand for men’s salon services! And whether you have experience in the
salon industry or not, or even if you currently own a salon or
barbershop and are looking to take it to the next level, Men’s Hair
House provides you with the business model, tools, and support you need
to run an efficient and effective men’s salon franchise operation. Find
out more about how you provide best-in-class men’s salon services - as
you operate your own Men’s Hair House franchise.
The total investment necessary to begin operation of a Men’s Hair House
start-up franchise is $186,170 to $351,770. This includes $28,000 that
must be paid to the franchisor and/or its affiliate, as appropriate. The
total investment necessary to begin operation of a Men’s Hair House
conversion franchise is $159,310 to $311,170. This includes $22,400 that
must be paid to the franchisor and/or its affiliate, as appropriate.