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Below is an in-depth analysis and side-by-side comparison of Sola Salon Studios vs The Great American Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $531,150 - $1,714,370 | $175,500 - $297,000 |
Franchise Fee | $55,000 | $35,000 |
Royalty Fee | 5.5% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2003 | 2015 |
Year Franchised | 2005 | 2018 |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 18 hours Classroom Training: 18 hours |
Support | - | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development |
Marketing | - | Social media SEO Website development |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Partner with the Great American Barbershop without ever picking up a pair of clippers.
-Partner w/ the Great American Barbershop and keep your day job.
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