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Updated RecentlyToni & Guy Hairdressing Academy vs Tracy Learning Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Toni & Guy Hairdressing Academy vs Tracy Learning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $316,900 - $598,500 | $72,200 - $100,000 |
| Franchise Fee | N/A | $35,000 |
| Royalty Fee | $4,300 Monthly | - |
| Advertising Fee | $470 Monthly | - |
| Year Founded | 1990 | - |
| Year Franchised | 1999 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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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 | - | Before you open your franchise, you will attend an intensive two-week training program at our corporate headquarters in Orem, Utah, or we can come to your location. Ongoing training and assistance is available year round. Web and computer-based instruction and one-on-one, on-site visits from our trained and experienced staff of field consultants. |
| 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… | We help you develop relationships with your customers by helping you show them that you are their connection to effective training. Tracy Learning's national advertising becomes your advertising. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | 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.
TONI&GUY prides itself on creating and nurturing an exceptional culture that has been associated with our brand since inception. When you enter a TONI&GUY Hairdressing Academy or Salon, you instantly identify with the sophisticated, sleek European layout that our clients find consistent throughout the country.
The Spotlight™ Experience we created internally connects across the United States and sets the tone for how we do business and how we bring people on board to enjoy the journey with us. Our clients receive top-quality service from highly trained hairstylists, allowing for long-standing relationships.
We love what we do, and it shows!
Whether you are looking to start with a single-unit operation, or desire a multi-unit set up from the start, we have the franchise opportunity that is right for you in markets across the United States. We help you with site selection, offer custom design, and provide guidance as you start your TONI&GUY Hairdressing Academy.
The TONI&GUY strategy is based on simplicity: an easy-to-follow business model with a proven operating system and world-class educational system.
Our goal is simple
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 Tracy Learning
Taking control of your own financial future by owning a Tracy Learning franchise has never been easier or more desirable. Leading businesses around the globe look to Tracy Learning as an important source of effective training solutions.
As a member of our franchisee network, you will:
* Be in charge of your own life
* Get away from corporate downsizing
* Create something of lasting value, a legacy for your family
* Fulfill your ambitions
Every Tracy Learning franchise is equipped with the technologies, capabilities and training that will ensure that you exceed customer expectations and eclipse the competition.
Businesses need multiple skills and capabilities in order to survive and prosper.
At Tracy Learning, we offer a variety of training offerings to match the current and future needs of our clients. Tracy Learning's strong market presence and innovative training solutions deliver the quality and service that our business partners demand.
Every Tracy Learning franchise offers training courses in:
* Leadership
* Problem Solving
* Decision Making
* Proactive Planning
* Problem Prevention
* Customer Loyalty
* Customer Allegiance
* Team Development
* Project Management
Tracy Learning is working to build a network of franchisees who are talented, experienced executives and who have been successful in other businesses and the corporate world.
Our franchisees will be a key competitive advantage for Tracy Learning. We are looking for professionals with diverse experience but share a common entrepreneurial spirit that leads to excellence, the willingness to work for financial rewards and an interest in a stimulating and profitable future.
If you can deliver training, are customer service oriented and want to be rewarded based on your own efforts, a Tracy Learning franchise may be the right opportunity for you.