MVP Men's Salon vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of MVP Men's Salon vs Salon Professional Education Company (SPEC) including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  MVP Men's Salon Salon Professional Education Company (SPEC)
Investment 123070 - 155000 145500 - 1111000
Franchise Fee
Royalty Fee 5%
Advertising Fee 2%
Year Founded 2004 2004
Year Franchised 2010 2018
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  MVP Men's Salon Salon Professional Education Company (SPEC)
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

  MVP Men's Salon Salon Professional Education Company (SPEC)
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  MVP Men's Salon Salon Professional Education Company (SPEC)
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
Support
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 Salon Professional Education Company (SPEC)
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
International Expansion

Start-Up Costs and Fees Mobile

Investment
MVP Men's Salon
Salon Professional Education Company (SPEC)
Franchise Fee
MVP Men's Salon
Salon Professional Education Company (SPEC)
Royalty Fee
MVP Men's Salon 5%
Salon Professional Education Company (SPEC)
Advertising Fee
MVP Men's Salon 2%
Salon Professional Education Company (SPEC)
Year Founded
MVP Men's Salon 2004
Salon Professional Education Company (SPEC) 2004
Year Franchised
MVP Men's Salon 2010
Salon Professional Education Company (SPEC) 2018
Term Of Agreement
MVP Men's Salon
Salon Professional Education Company (SPEC)
Renewal Fee
MVP Men's Salon
Salon Professional Education Company (SPEC)


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
Salon Professional Education Company (SPEC)

Financing Options

 
Franchise Fees
MVP Men's Salon
Salon Professional Education Company (SPEC)
Start-up Costs
MVP Men's Salon
Salon Professional Education Company (SPEC)
Equipment
MVP Men's Salon}
Salon Professional Education Company (SPEC)
Inventory
MVP Men's Salon
Salon Professional Education Company (SPEC)
Receivables
MVP Men's Salon
Salon Professional Education Company (SPEC)
Payroll
MVP Men's Salon
Salon Professional Education Company (SPEC)

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
Salon Professional Education Company (SPEC)
Support
MVP Men's Salon
Salon Professional Education Company (SPEC)
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.
Salon Professional Education Company (SPEC)
Operations
MVP Men's Salon
Salon Professional Education Company (SPEC)

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
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
MVP Men's Salon
Salon Professional Education Company (SPEC)
International Expansion
MVP Men's Salon
Salon Professional Education Company (SPEC)