Bernard's Salon & Day Spa vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Bernard's Salon & Day Spa vs Salon Professional Education Company (SPEC) including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Bernard's Salon & Day Spa Franchise
Salon Professional Education Company (SPEC) Franchise
Investment $520,000 - $638,500$145,500 - $1,111,000
Franchise Fee $35,000N/A
Royalty Fee 3%-
Advertising Fee --
Year Founded 19922004
Year Franchised 20012018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Bernard's Salon & Day Spa Franchise
Salon Professional Education Company (SPEC) Franchise
Experience --

Financing Options
 
Bernard's Salon & Day Spa Franchise
Salon Professional Education Company (SPEC) 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
 
Bernard's Salon & Day Spa Franchise
Salon Professional Education Company (SPEC) Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Bernard's Salon & Day Spa Franchise
Salon Professional Education Company (SPEC) Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Bernard's Salon & Day Spa

We're award-winners...Chosen Salon of the Year in 1996 by Salon Today...featured in Harper's Bazaar...professionals committed to be the best, to always make you look and feel your best. We're a full-service salon...The place to relax and be pampered...featuring the latest in cuts and colors, perms, skin and body spa services...manicures and pedicures... massage...make-up...MediSpa services. We're open every day...Enter a new world of beauty with such convenience...any day, even Sunday. The Salon & Spa is now open until midnight on Tuesday, Wednesday and Thursday. You'll love the high-fashion atmosphere of our award-winning decor -- so call now for an enjoyable appointment

About Salon Professional Education Company (SPEC)

"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.