Start-Up Costs and Fees |
||
| MVP Men's Salon | Cherry Blow Dry Bar | |
| Investment | 123070 - 155000 | 218600 - 392500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2004 | 2012 |
| Year Franchised | 2010 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MVP Men's Salon | Cherry Blow Dry Bar | |
| Experience | You must meet the financial qualifications as well as have the personal and business skills necessary to deal with personnel and business operations | 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. |
Financing Options |
||
| MVP Men's Salon | Cherry Blow Dry Bar | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| MVP Men's Salon | Cherry Blow Dry Bar | |
| Training | *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 | *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 | |
| 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 | ||
Expansion Plans |
||
| MVP Men's Salon | Cherry Blow Dry Bar | |
| 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 | 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 | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
| Franchise Fee | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
| Royalty Fee | |
| MVP Men's Salon | 5% |
| Cherry Blow Dry Bar | 7% |
| Advertising Fee | |
| MVP Men's Salon | 2% |
| Cherry Blow Dry Bar | 2% |
| Year Founded | |
| MVP Men's Salon | 2004 |
| Cherry Blow Dry Bar | 2012 |
| Year Franchised | |
| MVP Men's Salon | 2010 |
| Cherry Blow Dry Bar | 2013 |
| Term Of Agreement | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
| Renewal Fee | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
Business Experience Requirements |
|
| Experience | |
| 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 |
| 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. |
Financing Options |
|
| Franchise Fees | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
| Start-up Costs | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
| Equipment | |
| MVP Men's Salon} | |
| Cherry Blow Dry Bar | |
| Inventory | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
| Receivables | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
| Payroll | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
Training & Support |
|
| Training | |
| 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 |
| 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. |
| Support | |
| MVP Men's Salon | |
| 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 |
| Marketing | |
| 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. |
| Cherry Blow Dry Bar | |
| Operations | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| 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 |
| Canada Expansion | |
| MVP Men's Salon | |
| 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 |
| International Expansion | |
| MVP Men's Salon | |
| Cherry Blow Dry Bar | |