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Below is an in-depth analysis and side-by-side comparison of Roosters Men's Grooming Centers vs MY SALON Suite 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 | $713,738 - $1,603,518 |
Franchise Fee | $39,500 | $50,000 - $200,000 |
Royalty Fee | 4% - 6% | 5.5% |
Advertising Fee | 1% | 1% |
Year Founded | 1999 | 2010 |
Year Franchised | 2002 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | -/Yes |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 40-56 hours Classroom Training: 50-60 hours | On-The-Job Training: 12 hours Classroom Training: 20 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
Marketing | Ad Templates Regional Advertising Social media SEO | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 6 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | Yes |
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.
MY SALON Suite comes in at number 6 in the exclusive list of the year’s most promising business opportunities within the franchising industry.
“We are honored to be recognized as one of the best new franchise concepts,” said Ken McAllister, CEO and President of Suite Management Franchising, the established franchising subsidiary of MY SALON Suite. “This award is a testament to the hard work both our corporate team and our franchise owners have put into making our concept the best it can be.”
“The impact of carefully selecting our franchise owners is a large reason why we have reached consistent success,” added McAllister. “Moving further into 2017, we are looking forward to adding even more talented franchisees to our family and being able to bring our upscale salon suites to a greater number of communities nationwide.”
MY SALON Suite has made a name for itself in major markets throughout North America for being the only salon complex to offer fully-equipped, upscale suites featuring a full-length style station, styling chair, shampoo sink and color station. Additional amenities include a state-of-the-art security system, luxurious bathrooms and an elegant lobby. In addition to the attractive accommodations, members are offered ongoing training and support to grow and develop their business, which includes access to a strong referral network.