Raze vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Raze 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
 
Raze Franchise
Salon Professional Education Company (SPEC) Franchise
Investment $259,050 - $350,100$145,500 - $1,111,000
Franchise Fee $35,000N/A
Royalty Fee --
Advertising Fee --
Year Founded 20082004
Year Franchised 20082018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Raze Franchise
Salon Professional Education Company (SPEC) Franchise
Experience --

Financing Options
 
Raze 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
 
Raze Franchise
Salon Professional Education Company (SPEC) Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Raze Franchise
Salon Professional Education Company (SPEC) Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Raze

Raze is the epitome of masculine style and an invitation to enjoy the kind of male camaraderie reminiscent of the traditional barber shop. Starting a business in the popular men's haircut industry is easier when you have the support of a franchise like Raze. Raze wraps a sensational haircut and a sophisticated atmosphere into one amazing experience. Complete with plush leather chairs, a beverage bar, flat screen TVs, expert service and amazing products, Raze supplies men with style that is enviable and affordable.

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.