Merle Norman Cosmetics vs Lord's & Lady's Hair Salons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Merle Norman Cosmetics 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
 
Merle Norman Cosmetics Franchise
Lord's & Lady's Hair Salons Franchise
Investment $39,471 - $180,888$50,000 - $175,000
Franchise Fee N/A$25,000
Royalty Fee 06%
Advertising Fee --
Year Founded 19311975
Year Franchised 19891980
Term Of Agreement Open-ended10 years +10
Term Of Agreement Open-ended10 years +10
Renewal Fee --


Business Experience Requirements
 
Merle Norman Cosmetics Franchise
Lord's & Lady's Hair Salons Franchise
Experience --

Financing Options
 
Merle Norman Cosmetics Franchise
Lord's & Lady's Hair Salons Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment Yes/No-/-
Inventory Yes/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Merle Norman Cosmetics Franchise
Lord's & Lady's Hair Salons Franchise
Training Field training classes, field visits, advanced home office training and point-of-sale software training Classroom Training: 40 hours Additional Training: Online training Boston, MA 2-5 Days
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform Central Data Processing

Central Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening

Inventory Control

Regional or National Meetings

800 Telephone Hotline
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing -
Operations

Number of employees needed to run franchised unit: 2

Absentee ownership of franchisee is allowed.

Average Number of Employees: 6 Full-time, 8 Part-time

Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
Merle Norman Cosmetics Franchise
Lord's & Lady's Hair Salons Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Merle Norman Cosmetics

Even before she opened her first studio in Santa Monica in 1931, Merle Norman's philosophy of "Try Before You Buy" was being carried out as she offered free samples of her products to neighbors, hoping they'd discover the benefits and return as paying customers. And return they did. Many even opened their own studios and the company now has studios throughout the United States and Canada. Carrying on the Merle Norman tradition, franchisees now offer skin care, from cleansers and toners to sun defense, and a full line of cosmetics.

Veteran Incentives  $5,000 in inventory

"Entrepreneur
#366 in Franchise 500 for 2020.




About Lord's & Lady's Hair Salons

Service and retail mall locations which normally do 50% men and 50% women in sales.
At Lord's & Lady's Hair Salons, we pride ourselves in providing our customers with the perfect cuts, colors, perms and other hair services, along with the highest quality of customer service. Our stylists are highly trained in today's latest hair trends and attend regular classes with major styling educators. Founded 1971 in Boston, Massachusetts, Lord's & Lady's Hair Salons has been servicing the New England area as a full service beauty salon. Salons located throughout New England.