|
Below is an in-depth analysis and side-by-side comparison of Toni & Guy Hairdressing Academy vs Omega Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $316,900 - $598,500 | $123,650 - $183,643 |
Franchise Fee | N/A | $49,900 |
Royalty Fee | $4,300 Monthly | 8% |
Advertising Fee | $470 Monthly | 5%Local+2%Nat'l |
Year Founded | 1990 | - |
Year Franchised | 1999 | - |
Term Of Agreement | - | 5years+5+5+5 |
Term Of Agreement | - | 5years+5+5+5 |
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. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | The initial training is extensive and covers all material aspects of the operation of an Omega Learning Center Business and is comprised of classroom and on-the-job training. There is also continued training and support at your business after you open. |
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… | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
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.
We franchise the right to operate a diagnostic testing and supplemental education center that provides individualized tutoring and assessment, standardized test preparation and individually tailored instructional programs and services to children and young adults. As a part of your business model, you also have the right to operate a private school, Omega private Academy. An Omega Learning Center� franchise offers you the opportunity to provide tutoring for children and young adults to help them achieve their academic goals and eventually succeed in life. That opportunity is enhanced by the benefits of an established franchise company and outstanding, turnkey business system. It all adds up to a most fulfilling life for you! Now is the time to join the Omega Learning Center� family. We are looking for a limited number of franchisees that meet the following criteria: *Strong sales and customer service abilities *Well-developed people skills *Maturity and stability *Eagerness to help children learn *Enthusiasm and self-motivation *Firm belief that education is the key to success *Dedication to helping children reach their education goals *Strong ties to the community *Willingness to learn and follow our proven business model *High personal standards including excellence, honesty, and integrity *Ability to meet initial investment requirements Call today...Territories are going quickly in your area!