| ||||
Updated RecentlyBeaners Fun Cuts for Kids vs Cherry Blow Dry Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Beaners Fun Cuts for Kids vs Cherry Blow Dry Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $120,000 - $185,000 | $218,600 - $392,500 |
| Franchise Fee | $25,000 | $39,000 |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1996 | 2012 |
| Year Franchised | 1997 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | The Franchisees most able to reap the rewards of franchising have a strong sense of purpose. They tend to be dynamic individuals who superimpose their creative talents upon those of the franchisor to refine the system. They are of high integrity, customer focused and team builders. The following is a list of some of the characteristics we look for when considering an application: * A Strong Desire to Achieve Goals (both personally and in business) * Customer Focused * A Team Player * High Level of Integrity * Passion * Be Involved With the Community Around You * The Ability to Get, Keep Very Satisfied Customers * The Willingness and Ability to Personally Devote the Necessary Time and Effort in the Day-To-Day Operations of the Business * Understanding that you are a Vital Part of the Beaners Fun Cuts for Kids Franchise and to Grow the Brand and Create Awareness in Your Market | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | You will be required to successfully complete the 2 week training period in Calgary, Alberta, Canada. During that time you will be spending 4 days at Head Office for one on one training. The remaining time will be spent in our "Training" location so you experience first hand the day to day operations of a Beaners location. | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. |
| Support | - | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
| Marketing | - | - |
| Operations | Beaners does not require a full-time commitment from you but you must be involved in the day-to-day operations of your business. | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Beaners Fun Cuts for Kids
Beaners Fun Cuts For Kids is a family-focused hair salon created with kids in mind. We are here to make haircuts fun for kids and create a welcoming and relaxing experience for parents.
About Cherry Blow Dry Bar
'The blowout category', is quickly growing into what has become a $40 billion a year global hair salon industry. There is no end in sight for the growth of this industry, and with a sound, proven business model and operational method in place, Cherry Blow Dry Bar offers you a way to get into an exploding industry without having to figure it out on your own.
Cherry Blow Dry Bar is an expanding franchise that provides premium express services including blowouts, hair extensions, makeup services and treatments for a perfectly finished look, all at affordable prices through a unique membership model.
Under new ownership of franchise veterans Fred Vicario and Steve Vicario, the blowout category has been reinvented to meet the growing demand for the best level of hair styling, while also providing a business opportunity to entrepreneurs interested in this booming industry.