Start-Up Costs and Fees |
||
| Lord's & Lady's Hair Salons | Paramount Home Beauty | |
| Investment | 50000 - 175000 | 44100 - 44100 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | ||
| Year Founded | 1975 | 2004 |
| Year Franchised | 1980 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lord's & Lady's Hair Salons | Paramount Home Beauty | |
| Experience | ||
Financing Options |
||
| Lord's & Lady's Hair Salons | Paramount Home Beauty | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lord's & Lady's Hair Salons | Paramount Home Beauty | |
| Training | Boston, MA 2-5 Days | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | |
| Marketing | ||
| Operations | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Lord's & Lady's Hair Salons | Paramount Home Beauty | |
| US Expansion | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Franchise Fee | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Royalty Fee | |
| Lord's & Lady's Hair Salons | 6% |
| Paramount Home Beauty | 5% |
| Advertising Fee | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Year Founded | |
| Lord's & Lady's Hair Salons | 1975 |
| Paramount Home Beauty | 2004 |
| Year Franchised | |
| Lord's & Lady's Hair Salons | 1980 |
| Paramount Home Beauty | 2006 |
| Term Of Agreement | |
| Lord's & Lady's Hair Salons | 10 years +10 |
| Paramount Home Beauty | 10 years |
| Renewal Fee | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
Business Experience Requirements |
|
| Experience | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
Financing Options |
|
| Franchise Fees | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Start-up Costs | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Equipment | |
| Lord's & Lady's Hair Salons} | |
| Paramount Home Beauty | |
| Inventory | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Receivables | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Payroll | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
Training & Support |
|
| Training | |
| Lord's & Lady's Hair Salons | Boston, MA 2-5 Days |
| Paramount Home Beauty | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| 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 |
| Paramount Home Beauty | |
| Marketing | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| Operations | |
| Lord's & Lady's Hair Salons | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
| Paramount Home Beauty | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Paramount Home Beauty | |
| Canada Expansion | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |
| International Expansion | |
| Lord's & Lady's Hair Salons | |
| Paramount Home Beauty | |