Salon Professional Education Company (SPEC) vs Scissors & Scotch Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Salon Professional Education Company (SPEC) vs Scissors & Scotch including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Salon Professional Education Company (SPEC) Franchise
Scissors & Scotch Franchise
Investment $145,500 - $1,111,000$389,300 - $665,000
Franchise Fee N/A$50,000
Royalty Fee -4%-6.5%
Advertising Fee -2%
Year Founded 20042015
Year Franchised 20182017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Salon Professional Education Company (SPEC) Franchise
Scissors & Scotch Franchise
Experience --

Financing Options

 
Salon Professional Education Company (SPEC) Franchise
Scissors & Scotch Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Salon Professional Education Company (SPEC) Franchise
Scissors & Scotch Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Salon Professional Education Company (SPEC) Franchise
Scissors & Scotch Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.




About Scissors & Scotch

"Scissors

Scissors & Scotch provides a badass grooming experience for men, and a kickass investment opportunity for you.
Scissors & Scotch is looking to expand nationwide, and are seeking business partners to join us.