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Updated RecentlyLord's & Lady's Hair Salons vs Kennedy's All-American Barber Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lord's & Lady's Hair Salons vs Kennedy's All-American Barber Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,000 - $175,000 | $211,285 - $314,450 |
| Franchise Fee | $25,000 | $39,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | - | 2000 |
| Year Founded | 1975 | 2008 |
| Year Franchised | 1980 | 2008 |
| Term Of Agreement | 10 years +10 | - |
| Term Of Agreement | 10 years +10 | - |
| 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 | 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 | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
About Kennedy's All-American Barber Club
Kennedy's All-American Barber Club is an upscale, franchised barbershop club: a concept designed to treat gentlemen to an enjoyable grooming experience and provide the grooming products they need to look and feel their best. Complete with straight-razor shaves (which are hard to find these days), shoeshines and complimentary drinks, Kennedy's All-American Barber Club is reminiscent of your father's barbershop. On top of all that, it operates as a club in that Members get unlimited haircuts, shaves, etc. for a monthly fee, no nickel-and-diming like other "chop shops." This Proprietary Membership Model guarantees a set monthly income for every franchisee. Net Memberships grew over 80% during 2008-2009, proving that Kennedy's All-American Barber Club is a recession-resistant concept.
The total investment necessary to begin operation of a Kennedy's All-American Barber Club
Franchise is ranges from $160,800 to $281,285. This includes $39,943 to
$40,886 that must be paid to the franchisor or their affiliate(s).
The total investment necessary to begin the operation of a Kennedy's All-American Barber Club multi-unit development business ranges from $196,800 to $387,285, for a required minimum of 2 KENNEDY’S outlets to be developed. This includes $75,943 to $146,866 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin the operation of a Kennedy's All-American Barber Club multi-unit development business ranges from $196,800 to $387,285, for a required minimum of 2 KENNEDY’S outlets to be developed. This includes $75,943 to $146,866 that must be paid to the franchisor or an affiliate.