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Updated RecentlyState Street Barbers vs Sharkey's Hair It Is Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of State Street Barbers vs Sharkey's Hair It Is including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $191,500 - $297,000 | $106,170 - $138,995 |
| Franchise Fee | $25,000 | $99,995 |
| Royalty Fee | 5% | $1000/Month |
| Advertising Fee | 3% local +2% Nat'l | - |
| Year Founded | 2003 | - |
| Year Franchised | 2010 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun. |
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 | - | 4 day comprehensive training |
| Support | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. | Site selection & negotiation *Salon design and layout *Grand opening and continuous marketing programs *On-site assistance during grand opening week *Owners meetings to discuss operations and marketing |
| Marketing | - | - |
| Operations | - | For single salon owners we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About State Street Barbers
State Street Barbers is not your typical franchise opportunity. Unlike most franchises offered in the men's grooming segment, we do not desire to be the next large discount haircut franchise chain, with hundreds of locations that rush customers in an out like an assembly line operation. Nor do we aspire to be the next "male salon" that misses the mark on what most men want by offering services such as pedicures and paraffin wax hand treatments. Our discipline in staying true to our value proposition and focusing on our strengths has allowed us to excel in the market and evolve quickly into an award winning and recognized concept. It is this same discipline that will now propel us forward and help drive our growth in the world of franchising. We are committed to ensuring that franchise owners are selected carefully, as well as trained and supported properly, in order to maintain the integrity of our brand. Though relatively young, our business model, and its singular focus on genuinely meeting the needs of our male customers, has allowed us to establish a strong and loyal following in multiple markets and provided a compelling proof of concept for further expansion. Our objective now is to create a tight-knit franchise community to help extend this same level of service and quality to untapped markets while staying true to our brand promise and upholding the ideals and principles that have been the hallmark of our concept to date. When you are selected to join our team, you actually become part of the State Street Barbers family � a small, tight-knit group committed to building something special and helping the entire team reach its full potential.