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Below is an in-depth analysis and side-by-side comparison of Too Hotties 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 |
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Investment | $164,000 - $700,000 | $50,000 - $175,000 |
Franchise Fee | $25,000 - $475,000 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | - |
Year Founded | 2004 | 1975 |
Year Franchised | 2005 | 1980 |
Term Of Agreement | - | 10 years +10 |
Term Of Agreement | - | 10 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Boston, MA 2-5 Days |
Support | - | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Suspect not franchising any more