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

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

Start-Up Costs and Fees

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


Business Experience Requirements

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

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

Training & Support

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

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


Business Experience Requirements

Experience
Salon Professional Education Company (SPEC)
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

Financing Options

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

Training & Support

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

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