Hair Saloon For Men vs Lord's & Lady's Hair Salons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hair Saloon For Men 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
 
Hair Saloon For Men Franchise
Lord's & Lady's Hair Salons Franchise
Investment $218,600 - $299,900$50,000 - $175,000
Franchise Fee $30,000$25,000
Royalty Fee 6%6%
Advertising Fee --
Year Founded 19971975
Year Franchised 20021980
Term Of Agreement 10 years10 years +10
Term Of Agreement 10 years10 years +10
Renewal Fee 25% of initial franchise fee-


Business Experience Requirements
 
Hair Saloon For Men Franchise
Lord's & Lady's Hair Salons Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Hair Saloon For Men Franchise
    Lord's & Lady's Hair Salons Franchise
      In-House/3rd PartyIn-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
     
    Hair Saloon For Men Franchise
    Lord's & Lady's Hair Salons Franchise
    Training -Boston, MA 2-5 Days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesCentral 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 slicks, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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

    Passive Ownership: Allowed, But Discouraged

    Expansion Plans
     
    Hair Saloon For Men Franchise
    Lord's & Lady's Hair Salons Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hair Saloon For Men

    Hair Saloon is the reinvention of the neighborhood barbershop providing a premium brand of hair cutting services that appeals to men of all ages.

    Launched in St. Louis, Missouri in 1997, Hair Saloon provides Men and Jr. Men the comfort and convenience that is unmatched in the industry. Appointments and walk-ins are greeted by a friendly, full-time Saloon Supervisor. Each customer is treated to outstanding customer service that includes a complimentary beverage, relaxing shampoo, complimentary shoeshine, and hot towel and mint for the perfect finish. Our commitment to outstanding customer service, combined with the relaxing atmosphere found at every Hair Saloon creates a premium haircut experience that has proven to be a successful business model.

    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.