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Below is an in-depth analysis and side-by-side comparison of FACES 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 | $219,500 - $372,500 | $50,000 - $175,000 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | - |
Year Founded | 1976 | 1975 |
Year Franchised | 1976 | 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 | - | - |
When you franchise with FACES, you will enjoy a franchise brand that has a corporate staff with over 75 years of collective retail and franchise experience. They have recently developed a fantastic expansion program, both globally and locally, that integrates a striking store design, high-quality lucrative product lines, gorgeous packaging and, most notably, a system of exceptional, energetic and committed franchisees.
Widespread research has shown that FACES effectively fills an essential gap between expensive department store cosmetic brands and mass-market cosmetic retailers. This means that now is an ideal time for you to join FACES!