| ||||
Updated RecentlyJon'Ric International vs Lord's & Lady's Hair Salons Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jon'Ric International vs Lord's & Lady's Hair Salons including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $65,000 - $399,999 | $50,000 - $175,000 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 2% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1983 | 1975 |
| Year Franchised | 2003 | 1980 |
| Term Of Agreement | 10 years | 10 years +10 |
| Term Of Agreement | 10 years | 10 years +10 |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | General business experience | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | Boston, MA 2-5 Days |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | National & Regional advertising | - |
| Operations |
33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Jon'Ric International
Jon'Ric International is the pioneer of the "Upscale Custom Franchise Specialty Spa". We hold a strong position in the Beauty and Wellness Industry with a high quality of services and products. Jon'Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon'Ric name. Advantages and benefits... We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of Jon'Ric International.
About Lord's & Lady's Hair Salons