Lord's & Lady's Hair Salons vs Diesel Barbershop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lord's & Lady's Hair Salons vs Diesel Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$50,000 - $175,000 | $253,000 - $366,000 |
Franchise Fee |
$25,000 | $50,000 |
Royalty Fee |
6% | 7.5% |
Advertising Fee |
- | 1% |
Year Founded |
1975 | 2017 |
Year Franchised |
1980 | 2017 |
Term Of Agreement |
10 years +10 | - |
Term Of Agreement |
10 years +10 | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
Boston, MA 2-5 Days | New Franchisee classroom training
On-site training - Diesel Opening Team comes to franchisee's location
Online training solutions
Annual convention training programs |
Support |
Central Data Processing
Central Purchasing
Field Operation Evaluation
Field Training
Initial Store Opening
Inventory Control
Regional or National Meetings
800 Telephone Hotline | Ongoing support from Diesel corporate
Corporate support team shop visits & reviews |
Marketing |
- | - |
Operations |
Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
US Expansion |
Yes | 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 Diesel Barbershop
Diesel Barbershop, a manly, cool, inviting and very comfortable barbershop for customers to get haircuts, shaves, beard trims, grey hair coloring and shoulder massages is seeking candidates to expand with them across the U.S. Learn more about opening this unique, modern-day version of the vintage barbershop which serves patrons a complimentary drink as they relax.
The estimated initial investment associated with opening and
commencing operation of an area representative business within a given
Development Area pursuant to the franchisor’s form of area
representative agreement ranges from $386,250 TO $697,800, including: an
area representative fee that ranges between $125,000 to $322,800 that
must be paid to franchisor prior to commencing operations of the Area
Representative Business; and the estimated initial investment of
$253,000 to $366,000 that you will incur with the opening and operation
of the initial Shop you open within the Development Area to serve as
your “Training Location,” including a $25,000 franchise fee payable to
us in connection with that first Shop.