Diesel Barbershop vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Diesel 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

 
Diesel Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
Investment $253,000 - $366,000$145,500 - $1,111,000
Franchise Fee $50,000N/A
Royalty Fee 7.5%-
Advertising Fee 1%-
Year Founded 20172004
Year Franchised 20172018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Diesel Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
Experience --

Financing Options

 
Diesel 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

 
Diesel Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
Training New Franchisee classroom training On-site training - Diesel Opening Team comes to franchisee's location Online training solutions Annual convention training programs-
Support Ongoing support from Diesel corporate Corporate support team shop visits & reviews-
Marketing --
Operations --

Expansion Plans

 
Diesel Barbershop Franchise
Salon Professional Education Company (SPEC) Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Diesel Barbershop

Diesel Barbershop, a manly, cool, inviting and very comfortable barbershop for customers to get haircuts, shaves, beard trims, grey hair coloring and shoulder massages is seeking candidates to expand with them across the U.S.  Learn more about opening this unique, modern-day version of the vintage barbershop which serves patrons a complimentary drink as they relax.

The estimated initial investment associated with opening and commencing operation of an area representative business within a given Development Area pursuant to the franchisor’s form of area representative agreement ranges from $386,250 TO $697,800, including: an area representative fee that ranges between $125,000 to $322,800 that must be paid to franchisor prior to commencing operations of the Area Representative Business; and the estimated initial investment of $253,000 to $366,000 that you will incur with the opening and operation of the initial Shop you open within the Development Area to serve as your “Training Location,” including a $25,000 franchise fee payable to us in connection with that first Shop.

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.