Start-Up Costs and Fees |
||
| Lord's & Lady's Hair Salons | Salon Professional Education Company (SPEC) | |
| Investment | 50000 - 175000 | 145500 - 1111000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 1975 | 2004 |
| Year Franchised | 1980 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lord's & Lady's Hair Salons | Salon Professional Education Company (SPEC) | |
| Experience | ||
Financing Options |
||
| Lord's & Lady's Hair Salons | Salon Professional Education Company (SPEC) | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lord's & Lady's Hair Salons | Salon Professional Education Company (SPEC) | |
| Training | Boston, MA 2-5 Days | |
| 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 | |
Expansion Plans |
||
| Lord's & Lady's Hair Salons | Salon Professional Education Company (SPEC) | |
| 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 | |
| Salon Professional Education Company (SPEC) | |
| Franchise Fee | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
| Royalty Fee | |
| Lord's & Lady's Hair Salons | 6% |
| Salon Professional Education Company (SPEC) | |
| Advertising Fee | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
| Year Founded | |
| Lord's & Lady's Hair Salons | 1975 |
| Salon Professional Education Company (SPEC) | 2004 |
| Year Franchised | |
| Lord's & Lady's Hair Salons | 1980 |
| Salon Professional Education Company (SPEC) | 2018 |
| Term Of Agreement | |
| Lord's & Lady's Hair Salons | 10 years +10 |
| Salon Professional Education Company (SPEC) | |
| Renewal Fee | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
Business Experience Requirements |
|
| Experience | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
Financing Options |
|
| Franchise Fees | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
| Start-up Costs | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
| Equipment | |
| Lord's & Lady's Hair Salons} | |
| Salon Professional Education Company (SPEC) | |
| Inventory | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
| Receivables | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
| Payroll | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
Training & Support |
|
| Training | |
| Lord's & Lady's Hair Salons | Boston, MA 2-5 Days |
| Salon Professional Education Company (SPEC) | |
| 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 |
| Salon Professional Education Company (SPEC) | |
| Marketing | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |
| Operations | |
| Lord's & Lady's Hair Salons | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
| Salon Professional Education Company (SPEC) | |
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 |
| Salon Professional Education Company (SPEC) | 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 | |
| Salon Professional Education Company (SPEC) | |
| International Expansion | |
| Lord's & Lady's Hair Salons | |
| Salon Professional Education Company (SPEC) | |