Kennedy's All-American Barber Club vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Kennedy's All-American Barber Club vs Salon Professional Education Company (SPEC) including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Kennedy's All-American Barber Club Franchise
Salon Professional Education Company (SPEC) Franchise
Investment $211,285 - $314,450$145,500 - $1,111,000
Franchise Fee $39,000N/A
Royalty Fee 8%-
Advertising Fee 2000-
Year Founded 20082004
Year Franchised 20082018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Kennedy's All-American Barber Club Franchise
Salon Professional Education Company (SPEC) Franchise
Experience --

Financing Options

 
Kennedy's All-American Barber Club Franchise
Salon Professional Education Company (SPEC) Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Kennedy's All-American Barber Club Franchise
Salon Professional Education Company (SPEC) Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Kennedy's All-American Barber Club Franchise
Salon Professional Education Company (SPEC) Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.





About Salon Professional Education Company (SPEC)

"SPEC

Salon Professional Education Company is a network of amazing schools producing salon-ready professionals all across the country. Our leadership team is comprised of seasoned industry executives, educators, franchise experts, and business owners from many walks of life. The diverse nature of this group brings a unique insight and perspective to the beauty school industry and has led to the development of one of the strongest beauty school franchise systems in the nation.

The total investment necessary to begin operation of a new TSPA, ESI or SPA Salon Professional Education Company beauty school franchised business is $668,000 to $1,111,000 for the model that includes hairstyling and $448,000 to $838,000 for the model that does not include hairstyling. This includes $45,000 that must be paid to the franchisor or its affiliates. This applies regardless of the service mark you may choose for operating your franchise.
The total investment necessary to convert an existing beauty school is $145,500 to $628,500. This also includes the $45,000 that must be paid to the franchisor or its affiliates, and applies regardless of the service mark you may choose for operating your franchise.