Tommy Gun's Original Barbershop vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tommy Gun's Original Barbershop 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
 
Tommy Gun's Original Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
Investment $250,000 - $350,000$145,500 - $1,111,000
Franchise Fee $30,000N/A
Royalty Fee --
Advertising Fee --
Year Founded 20092004
Year Franchised 20092018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Tommy Gun's Original Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
Experience --

Financing Options
 
Tommy Gun's Original Barbershop 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
 
Tommy Gun's Original Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
Training 2 weeks-
Support --
Marketing --
Operations --

Expansion Plans
 
Tommy Gun's Original Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
US Expansion -Yes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Tommy Gun's Original Barbershop

A new trend in men's personal hygiene and grooming is emerging. In addition to the renewed emphasis men are placing on their appearance, they are spending more on retail products as well. A growing percentage of men reportedly now consider that personal appearance has a direct impact on their level of personal success. As a result, the beauty industry is experiencing a new dimension, one where men are influencing change. Salons are evolving to accommodate the masculine preferences. More and more you'll see salons designed for the male consumer, where they don't have to check their masculinity at the door. It's time to recognize that men value their imagery and provide new opportunities to capture the growing demand for male grooming services.Tommy Gun's Original Barbershop is on the edge of this emerging trend, offering 5 star service in an atmosphere men will appreciate. It's classic, simple, discerning and casual.

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.