Cookie Cutters vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cookie Cutters 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
 
Cookie Cutters Franchise
Salon Professional Education Company (SPEC) Franchise
Investment $132,000 - $339,500$145,500 - $1,111,000
Franchise Fee $40,000N/A
Royalty Fee 5%-
Advertising Fee 1%-
Year Founded 19942004
Year Franchised 19962018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Cookie Cutters Franchise
Salon Professional Education Company (SPEC) Franchise
Experience --

Financing Options
 
Cookie Cutters Franchise
Salon Professional Education Company (SPEC) Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Cookie Cutters Franchise
Salon Professional Education Company (SPEC) Franchise
Training On-The-Job Training: As needed Classroom Training: 4-5 days -
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 4

-

Expansion Plans
 
Cookie Cutters Franchise
Salon Professional Education Company (SPEC) Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion No-

Company Overviews

About Cookie Cutters

Cookie Cutters have been operating children’s hair salons since 1994 with franchised outlets since 1996. This experience is designed to help our franchisees operate children’s salons without prior experience in the hair industry. We train our operators completely using our confidential operations guide that was developed through the years using input from all our network of operators and employees. Your entire staff will be trained before opening to ensure quality in operations and customer service. Experiencing a Cookie Cutters Haircuts for Kids hair cut is an interactive experience. Our stylists are trained to guide the child and their family through the experience whether it is a first haircut, or an experienced styling. Our unique store design with an in-store playground and games sets us apart from other hair salons.

Veteran Incentives  $1,500 off franchise fee
"Entrepreneur
#146 in Franchise 500 for 2020.
#136 in Franchise 500 for 2021.


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.