Paramount Home Beauty vs Lord's & Lady's Hair Salons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Paramount Home Beauty vs Lord's & Lady's Hair Salons including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Paramount Home Beauty Franchise
Lord's & Lady's Hair Salons Franchise
Investment $44,100$50,000 - $175,000
Franchise Fee $14,800$25,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 20041975
Year Franchised 20061980
Term Of Agreement 10 years10 years +10
Term Of Agreement 10 years10 years +10
Renewal Fee --


Business Experience Requirements
 
Paramount Home Beauty Franchise
Lord's & Lady's Hair Salons Franchise
Experience --

Financing Options
 
Paramount Home Beauty Franchise
Lord's & Lady's Hair Salons Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Paramount Home Beauty Franchise
Lord's & Lady's Hair Salons Franchise
Training * Available at headquarters: 5 days

* At franchisee's location: 5 days (optional)

Boston, MA 2-5 Days
Support -Central Data Processing

Central Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening

Inventory Control

Regional or National Meetings

800 Telephone Hotline
Marketing --
Operations * Franchise can be run from home

* Number of employees needed to run franchised unit: 6 - 20

* Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Average Number of Employees: 6 Full-time, 8 Part-time

Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
Paramount Home Beauty Franchise
Lord's & Lady's Hair Salons Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Paramount Home Beauty

Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.

About Lord's & Lady's Hair Salons

Service and retail mall locations which normally do 50% men and 50% women in sales.
At Lord's & Lady's Hair Salons, we pride ourselves in providing our customers with the perfect cuts, colors, perms and other hair services, along with the highest quality of customer service. Our stylists are highly trained in today's latest hair trends and attend regular classes with major styling educators. Founded 1971 in Boston, Massachusetts, Lord's & Lady's Hair Salons has been servicing the New England area as a full service beauty salon. Salons located throughout New England.