Start-Up Costs and Fees |
||
| Lord's & Lady's Hair Salons | MVP Men's Salon | |
| Investment | 50000 - 175000 | 123070 - 155000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1975 | 2004 |
| Year Franchised | 1980 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lord's & Lady's Hair Salons | MVP Men's Salon | |
| Experience | You must meet the financial qualifications as well as have the personal and business skills necessary to deal with personnel and business operations | |
Financing Options |
||
| Lord's & Lady's Hair Salons | MVP Men's Salon | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lord's & Lady's Hair Salons | MVP Men's Salon | |
| Training | Boston, MA 2-5 Days | *Salon Management: Focuses on the essential needs of a salon business including; Operations, Budgeting and Financial Analysis, Labour and scheduling, Customer Service, and Point of Sales Systems *Local Store, Regional and National marketing: Including Local Store marketing techniques, processes on Regional and National Marketing campaigns *Human Resources: Curriculum includes Stylist retention, stylist training, and staff recruitment. Proper training in these areas will ensure that your stylists help build your clientele by being trained, skilled, and certified in the latest products, styles and methods. *Proprietary hair care products sold exclusively MVP Men's Salon; Product sales techniques, product knowledge training, in-store Point of Purchase arrangement |
| Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | |
| Marketing | Marketing support for local, regional, and national levels. As an MVP Franchise Partner you will be able to take advantage of coordinated advertising, marketing, and incentive programs, and benefit from the franchisors public relation campaign. MVP also has a complete Grand Opening program to get you started on the right footing, quickly. | |
| Operations | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Lord's & Lady's Hair Salons | MVP Men's Salon | |
| US Expansion | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
| Franchise Fee | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
| Royalty Fee | |
| Lord's & Lady's Hair Salons | 6% |
| MVP Men's Salon | 5% |
| Advertising Fee | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | 2% |
| Year Founded | |
| Lord's & Lady's Hair Salons | 1975 |
| MVP Men's Salon | 2004 |
| Year Franchised | |
| Lord's & Lady's Hair Salons | 1980 |
| MVP Men's Salon | 2010 |
| Term Of Agreement | |
| Lord's & Lady's Hair Salons | 10 years +10 |
| MVP Men's Salon | |
| Renewal Fee | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
Business Experience Requirements |
|
| Experience | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | You must meet the financial qualifications as well as have the personal and business skills necessary to deal with personnel and business operations |
Financing Options |
|
| Franchise Fees | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
| Start-up Costs | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
| Equipment | |
| Lord's & Lady's Hair Salons} | |
| MVP Men's Salon | |
| Inventory | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
| Receivables | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
| Payroll | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
Training & Support |
|
| Training | |
| Lord's & Lady's Hair Salons | Boston, MA 2-5 Days |
| MVP Men's Salon | *Salon Management: Focuses on the essential needs of a salon business including; Operations, Budgeting and Financial Analysis, Labour and scheduling, Customer Service, and Point of Sales Systems *Local Store, Regional and National marketing: Including Local Store marketing techniques, processes on Regional and National Marketing campaigns *Human Resources: Curriculum includes Stylist retention, stylist training, and staff recruitment. Proper training in these areas will ensure that your stylists help build your clientele by being trained, skilled, and certified in the latest products, styles and methods. *Proprietary hair care products sold exclusively MVP Men's Salon; Product sales techniques, product knowledge training, in-store Point of Purchase arrangement |
| Support | |
| Lord's & Lady's Hair Salons | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| MVP Men's Salon | |
| Marketing | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | Marketing support for local, regional, and national levels. As an MVP Franchise Partner you will be able to take advantage of coordinated advertising, marketing, and incentive programs, and benefit from the franchisors public relation campaign. MVP also has a complete Grand Opening program to get you started on the right footing, quickly. |
| Operations | |
| Lord's & Lady's Hair Salons | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
| MVP Men's Salon | |
Expansion Plans |
|
| US Expansion | |
| Lord's & Lady's Hair Salons | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont |
| MVP Men's Salon | 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 | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |
| International Expansion | |
| Lord's & Lady's Hair Salons | |
| MVP Men's Salon | |