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Below is an in-depth analysis and side-by-side comparison of Roosters Men's Grooming Centers vs Cherry Blow Dry Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $203,250 - $342,350 | $218,600 - $392,500 |
Franchise Fee | $39,500 | $39,000 |
Royalty Fee | 4% - 6% | 7% |
Advertising Fee | 1% | 2% |
Year Founded | 1999 | 2012 |
Year Franchised | 2002 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 40-56 hours Classroom Training: 50-60 hours | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
Marketing | Ad Templates Regional Advertising Social media SEO | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 6 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | Yes |
International Expansion | - | - |
The barbershop was an American cultural icon from the early twentieth century through the late 1960s. For generations, men went to barbershops for a fine haircut and to enjoy great conversations with the barber and fellow clients. Barbers were held in as high esteem as doctors, growing strong, personal relationships with their clients that lasted a lifetime.
The Unisex Solution
As men's style changed, the unisex craze swept across America and barbershops almost disappeared. Men's choices were limited to salons that were devoid of everything they enjoyed about getting a haircut.
Interesting conversation and personal relationships were replaced by cold plastic seats, unpleasant chemical smells, and awkward periods of silence. Stylists often clipped away at lightning speed to move from one client to the next as quickly as possible.
The Barbershop Returns
After more than thirty years of decline, barbering and barbershops are making a comeback. In fact, barbershops are on the rise and growing faster than beauty salons.
* According to U.S. 2000 census statistics, barbering volume grew by at least 10% between 1996 and 2000.
'The blowout category', is quickly growing into what has become a $40 billion a year global hair salon industry. There is no end in sight for the growth of this industry, and with a sound, proven business model and operational method in place, Cherry Blow Dry Bar offers you a way to get into an exploding industry without having to figure it out on your own.
Cherry Blow Dry Bar is an expanding franchise that provides premium express services including blowouts, hair extensions, makeup services and treatments for a perfectly finished look, all at affordable prices through a unique membership model.
Under new ownership of franchise veterans Fred Vicario and Steve Vicario, the blowout category has been reinvented to meet the growing demand for the best level of hair styling, while also providing a business opportunity to entrepreneurs interested in this booming industry.