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Updated Recently18/8 Fine Men's Salons vs Salon Professional Education Company (SPEC) Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 18/8 Fine Men's Salons 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 |
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| Investment | $50,000 - $232,089 | $145,500 - $1,111,000 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2004 |
| Year Franchised | - | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Business experience with an affinity to hospitality and managing small teams are the essential skills we look for. | - |
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 | - | - |
| Support | - | - |
| Marketing | Marketing is our strength � our CEO has a thirty year background in marketing. We have great programs and materials already designed that will help get you customers and build a buzz around the brand. | - |
| Operations | We help you find and train a quality behind-the-chair manager. With this key person in place, then the rest of the team can be hired and managed. Many franchisees also bring in family members to work for the franchise and help manage operations. | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About 18/8 Fine Men's Salons
An exceptional premium opportunity!
A franchise opportunity to be part of the first national chain of
18|8 Fine Men's Salons.
There's a giant void that's waiting to be filled - the perfect salon for successful men! A salon that brings out the best in men. Almost a decade in existence, hundreds of thousands of haircuts with an average ticket of $44 - more than twice that of a fast cut shop. Great locations, a better class of stylists. Lots of happy, successful guys. We're doing something right, indeed.
* A truly differentiated business from all the women's salons, and the low cost haircut places* The salon industry generates over $50 billion in revenue and keeps growing
* On every corner, at every mall, you can find women's salons and low cost haircut places. Women's salons may offer quality stylist for women - along with the fishbowl design, the smell of perm, and the chatter of gossip. Low cost haircut places are for men on a tight budget, where saving a few dollars is necessary.
* 18|8 Fine Men's Salons are designed for discerning, successful men who want to look their best, feel their best, so they perform their best. They want exceptionally skilled stylists at locations near where they live or work. And they want privacy as well as a spectrum of true solutions for all their haircare and grooming needs.
* 18|8 Fine Men's Salons is the hottest salon franchise concept now available
* Successful men tend to be very loyal and very good tippers
* Because we are in the best locations, and we attract successful men, we attract the best quality, most experienced stylists
* No industry experience required
* Surprisingly low start up costs - reasonable overhead
* Additional profit centers - memberships, products, consulting and referral
About Salon Professional Education Company (SPEC)
!["SPEC]("https://fddexchange.com/wp-content/uploads/2021/02/SPEC-Salon-Professional-Education-Company.jpg")
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.