Start-Up Costs and Fees |
||
| Cherry Blow Dry Bar | Sona MedSpa | |
| Investment | 218600 - 392500 | 382000 - 747500 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 10.75% |
| Advertising Fee | 2% | |
| Year Founded | 2012 | 1997 |
| Year Franchised | 2013 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cherry Blow Dry Bar | Sona MedSpa | |
| 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. | Industry experience General business experience Marketing skills Strong interpersonal skills |
Financing Options |
||
| Cherry Blow Dry Bar | Sona MedSpa | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cherry Blow Dry Bar | Sona MedSpa | |
| 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 | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad slicks | |
| Operations | ||
Expansion Plans |
||
| Cherry Blow Dry Bar | Sona MedSpa | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
| Franchise Fee | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
| Royalty Fee | |
| Cherry Blow Dry Bar | 7% |
| Sona MedSpa | 10.75% |
| Advertising Fee | |
| Cherry Blow Dry Bar | 2% |
| Sona MedSpa | |
| Year Founded | |
| Cherry Blow Dry Bar | 2012 |
| Sona MedSpa | 1997 |
| Year Franchised | |
| Cherry Blow Dry Bar | 2013 |
| Sona MedSpa | 2002 |
| Term Of Agreement | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | 15 years |
| Renewal Fee | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | 25% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Cherry Blow Dry Bar | 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. |
| Sona MedSpa | Industry experience General business experience Marketing skills Strong interpersonal skills |
Financing Options |
|
| Franchise Fees | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
| Start-up Costs | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
| Equipment | |
| Cherry Blow Dry Bar} | |
| Sona MedSpa | |
| Inventory | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
| Receivables | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
| Payroll | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
Training & Support |
|
| Training | |
| Cherry Blow Dry Bar | *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. |
| Sona MedSpa | |
| Support | |
| Cherry Blow Dry Bar | *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 |
| Sona MedSpa | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | Ad slicks |
| Operations | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |
Expansion Plans |
|
| US Expansion | |
| Cherry Blow Dry Bar | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Sona MedSpa | |
| Canada Expansion | |
| Cherry Blow Dry Bar | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Sona MedSpa | |
| International Expansion | |
| Cherry Blow Dry Bar | |
| Sona MedSpa | |