| ||||
Updated RecentlyThe Lemon Tree vs Knockouts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Lemon Tree vs Knockouts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $161,206 - $232,572 | $94,100 - $190,550 |
| Franchise Fee | $32,500 | $20,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1974 | - |
| Year Franchised | 1976 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Additional training available as needed | - |
| Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 10
Absentee ownership of franchise is NOT allowed. (60% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About The Lemon Tree
Lemon Tree Hair Salons is proud to be a national brand of locally owned
and operated hair salons. We are a large family of professional hair
salons, all locally owned and operated in many areas of the country. We
at Lemon Tree Hair Salons are proud of our brand's rich history of
providing high quality salon services at value pricing for the past 45
years! We value our amazing talent and are always excited to offer our
full range of value priced, professional salon services, including Haircuts. So please, next time you find yourself searching online for "Haircuts near me", feel free to visit your local salon and discover for yourself the Lemon Tree difference!
The Lemon Tree was founded in 1974 to provide family haircuts. When Joan M. Cable purchased her first salon in Bethpage, New York, this mother of three kept the salon open from 8 a.m. to 10 p.m. seven days a week.
Today, nearly 100 franchises offer services ranging from haircuts and styling to beard and mustache trim, updos, body waves, highlighting, coloring and permanents.
About Knockouts
What is passive investment? That means although focused & engaged in the business, you only need to work it 5-10 hours per week. You manage the manager!
The Knockouts Franchise opportunity is a minimum investment in 3 salons. We are focused on fewer franchises making more money and the way we do that is provide the best master franchise opportunity available. Huge territories and unparalleled low royalties. Inquire & get started today!