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 |
Investment |
$253,000 - $366,000 | $145,500 - $1,111,000 |
Franchise Fee |
$50,000 | N/A |
Royalty Fee |
7.5% | - |
Advertising Fee |
1% | - |
Year Founded |
2017 | 2004 |
Year Franchised |
2017 | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
Yes | Yes |
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)
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.