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