| ||||
Updated RecentlyToni & Guy Hairdressing Academy vs Scholars Education Centre Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Toni & Guy Hairdressing Academy vs Scholars Education Centre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $316,900 - $598,500 | $90,000 - $130,000 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | $4,300 Monthly | 10% |
| Advertising Fee | $470 Monthly | 4% |
| Year Founded | 1990 | 1998 |
| Year Franchised | 1999 | 2000 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | * Are you passionate about the success of your team and your academy? * Are you driven to provide top quality education for your students and staff? * Do you have proven management and leadership skills? * Are you looking to adopt a proven operating system completely and consistently? * Do you have a minimum net worth of $250,000 with $75,000 in liquid assets? * Do you have the ability to finance $600,000? Having experience running a business or experience with franchising or running a multi-site operation is useful but not necessary, as we provide comprehensive training and ongoing support to you and your team. | Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time experience |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | Training available in Ontario |
| Support | TONI&GUY offers corporate marketing and business operational support from the moment your salon doors open*. We assist by providing the following: * Education curriculum support * Marketing collateral * Marketing & PR concepts to attract students * Internal systems support * Communication (internal/external) support * Branding * Online manual access * Intranet systems * Access to the TONI&GUY App * National Collection Release, Salon Summit & Photographic Awards * And more… | Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening. |
| Marketing | - | National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support |
| Operations | - | Number of employees needed to run franchised unit: 5 - 12 Absentee ownership of franchise is NOT recommended for the first 24 � 36 months |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | Yes | Yes |
| International Expansion | - | - |
Company Overviews
About Toni & Guy Hairdressing Academy
The hair industry is a $50 billion global industry annually. It's proven to be an industry that can weather the test of time and ALL economies. With TONI&GUY, we are offering you the chance to be part of an industry that can make people look good, feel good, and help build their self-confidence - one style at a time.
The TONI&GUY strategy is based on simplicity: an easy-to-follow business model with a proven operating system and world-class educational system.
We provide each TONI&GUY Hairdressing Academy with industry leading educational tools that will transform talented students into industry-ready hairstylists. Offering basic and advanced education training, the TONI&GUY Hairdressing Academy curriculum is rooted in our trademark approach of continuously updating cutting, coloring, and styling techniques.
This is why our beauty schools continue to draw some of the best talent from all over the world and maintain a distinguished reputation for cosmetology education. This successful beauty school formula has been duplicated in several major U.S. cities, and we have a keen focus on future growth.
Our revenue model is simple too. Generate constant lead flow by building a school and brand that students want to be a part of, and produce industry-leading hairstylists by providing high-caliber education.
Our program is consistent from week-to-week and school-to-school, which allows us to stand out amongst the competition. Our curriculum allows for continuously maintain the highest quality of education across the board. We have developed a simple model for our franchise owners to follow, and this model has been tried and proven a success.
We pride ourselves on being founded in education and are focused on giving our students the highest quality education to become outstanding hairdressers.
About Scholars Education Centre
Scholars Education Centre provides tutoring for students of all ages, in all grades, and all subject areas. We are committed to helping your students achieve Results That Matter and giving our franchisees a framework to achieve personal financial security and independence while doing so.
The effectiveness of our curriculum and educational approach is proven by research while our comprehensive franchise system ensures brand standards are maintained across our network. As a Scholars Education Centre franchise partner, you will have the tools you need to succeed. It’s no accident that Scholars Education Centre has been recognized as one of the very best franchise systems in Canada by the Canadian Franchise Association with it’s 2020 Award of Excellence and that we have been awarded our 5th-consecutive CFA Franchisee’s Choice Award, as voted by our franchisees.