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Updated RecentlyNoufal Haircolor Studio vs Cherry Blow Dry Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Noufal Haircolor Studio vs Cherry Blow Dry Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $190,550 - $340,600 | $218,600 - $392,500 |
| Franchise Fee | $38,000 - $39,500 | $39,000 |
| Royalty Fee | - | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 1994 | 2012 |
| Year Franchised | 2012 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. |
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 | - | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. |
| Support | - | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Noufal Haircolor Studio
Noufal Haircolor Studio has been in business for more than 15 years, specializes in expert hair care to include color and Keratin treatments while also providing nail, makeup and waxing services. With a popular Northern Virginia destination already established for both men and women looking for experienced, award-winning stylists, owner Joey Noufal is eager to expand the brand and provide entrepreneurs with a chance to be a part of the Noufal Haircolor Studio family. In the coming year, Noufal plans to open three to five franchise locations in DC, Maryland and Virginia. Entrepreneurs and franchisees can look forward to a hands-on accelerated learning process with Noufal helping at every step of the way. Joining the Noufal team will give franchisees access to their proven system for great customer retention, as well as exclusive discounts on salon use products and corporate support. Noufal plans to extensively train all front desk coordinators, shampoo assistants, managers and hair stylists to provide them with the knowledge needed to be successful. Franchisees will also have access to advancement and continuing education classes for all employees. "We've had the pleasure of servicing the Washington elite over the last 15 years and we look forward to continuing that service over the coming years," said owner Joey Noufal. "Investing in a Noufal Haircolor Studio is a low risk venture for entrepreneurs, given the brand recognition and community outreach we've engaged in over the last decade and a half for customer retention." As the business has continued to grow and expand over the last decade, Joey has involved Noufal Haircolor Studio in the community around him, often donating haircuts and other spa treatments to benefit charities like the Leukemia & Lymphoma Society (LLS). Earlier this year, Noufal Haircolor Studio participated in Cut for the Cure, an LLS campaign for which the salon donated an entire day's worth of haircuts to help fight blood cancers. For more information about franchise opportunities, interested parties should reach out to Joey Noufal at Joey(at)noufalhaircolorstudio(dot)com.
About Cherry Blow Dry Bar
'The blowout category', is quickly growing into what has become a $40 billion a year global hair salon industry. There is no end in sight for the growth of this industry, and with a sound, proven business model and operational method in place, Cherry Blow Dry Bar offers you a way to get into an exploding industry without having to figure it out on your own.
Cherry Blow Dry Bar is an expanding franchise that provides premium express services including blowouts, hair extensions, makeup services and treatments for a perfectly finished look, all at affordable prices through a unique membership model.
Under new ownership of franchise veterans Fred Vicario and Steve Vicario, the blowout category has been reinvented to meet the growing demand for the best level of hair styling, while also providing a business opportunity to entrepreneurs interested in this booming industry.