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Updated RecentlyToni & Guy Hairdressing Academy vs Class 101 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Toni & Guy Hairdressing Academy vs Class 101 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 | $45,950 - $63,450 |
| Franchise Fee | N/A | $32,900 |
| Royalty Fee | $4,300 Monthly | 8% |
| Advertising Fee | $470 Monthly | 2% |
| 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 | - | Class 101 has an exhaustive preparing stage that incorporates how to deal with each part of your business. New franchisees experience seven days in length instructional course at our home office in Lexington, Kentucky, and may bring one care staff colleague. We will be close by to guide you through the whole procedure of propelling your Class 101 office to guarantee that you have all that you have to make your new business a win from the very first moment. |
| 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 |
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| US Expansion | 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.
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 Class 101
Since its establishing in 1997, Class 101 has helped a huge number of secondary school understudies get into the best universities at the best cost. We trust each secondary school understudy ought to have a positive school involvement and that families ought to, and can, pay less out of their own pockets for school. A great many secondary school understudies select as school first year recruits each fall. Over and over again, they pass up a great opportunity for a huge number of dollars of grant and give cash, and they wind up despondent and unsatisfied with their school involvement.
Through our one-on-one school arranging sessions with understudies, ACT and SAT arrangement classes, workshops and sorted out grounds visits, Class 101 offers a constant flow of pay for franchisees. Interest for customized school arranging, such as paying for school educational cost, will keep on rising. The normal school educational cost and charge bill is 40% higher in 2015-16 at open four-year establishments than it was in 2005-06, and it's 26% higher in the private four-year area, as indicated by the College Board. More than 40 million Americans are saddled with understudy credit obligation, by and large owing an amazing $1.3 trillion, and that figure is developing at the frightening rate of almost $3,000 every second, as per Experian.
"Youngsters are less inclined to tune in to their folks with regards to school arranging. From guardians, it's pestering. From us, it's recommendation. Guardians then know they have an emotionally supportive network; they can get in touch with us at any progression of the way. They can have genuine feelings of serenity that the whole school arrangement process is being directed by some individual their tyke will tune in to. We get the best from these children. We attest them, move them and show them. We are ideal adjacent to them to moderate the cost and intricacy of the school arrangement handle, all while imparting them with certainty," says Founder and CEO Tom Pabin.
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