Salon Professional Education Company (SPEC) vs Men's Hair House Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Salon Professional Education Company (SPEC) vs Men's Hair House 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
Men's Hair House Franchise
Investment $145,500 - $1,111,000$159,310 - $351,770
Franchise Fee N/A$35,000
Royalty Fee -4%-4.5%
Advertising Fee -2%
Year Founded 20042013
Year Franchised 20182015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Salon Professional Education Company (SPEC) Franchise
Men's Hair House Franchise
Experience --

Financing Options

 
Salon Professional Education Company (SPEC) Franchise
Men's Hair House 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
Men's Hair House Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Salon Professional Education Company (SPEC) Franchise
Men's Hair House 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 Men's Hair House

"Men39s

There is nothing quite like the Men’s Hair House vibe, and we’ll show you how you can replicate it in your own location(s) - so that customers are sure to feel it, as soon as they walk through your front doors. Leather armchairs will greet your customers in the lounge area featuring big-screen TVs, complimentary peanuts, refreshing beverages, and men’s magazines. As a men’s salon franchise owner, you can do it all: be your own boss, cultivate your team’s and your business’ growth, and meet the growing demand for men’s salon services! And whether you have experience in the salon industry or not, or even if you currently own a salon or barbershop and are looking to take it to the next level, Men’s Hair House provides you with the business model, tools, and support you need to run an efficient and effective men’s salon franchise operation. Find out more about how you provide best-in-class men’s salon services - as you operate your own Men’s Hair House franchise.

The total investment necessary to begin operation of a Men’s Hair House start-up franchise is $186,170 to $351,770. This includes $28,000 that must be paid to the franchisor and/or its affiliate, as appropriate. The total investment necessary to begin operation of a Men’s Hair House conversion franchise is $159,310 to $311,170. This includes $22,400 that must be paid to the franchisor and/or its affiliate, as appropriate.