Salon Professional Education Company (SPEC) vs Paramount Home Beauty Franchise Comparison

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

Start-Up Costs and Fees

  Salon Professional Education Company (SPEC) Paramount Home Beauty
Investment 145500 - 1111000 44100 - 44100
Franchise Fee
Royalty Fee 5%
Advertising Fee
Year Founded 2004 2004
Year Franchised 2018 2006
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Salon Professional Education Company (SPEC) Paramount Home Beauty
Experience

Financing Options

  Salon Professional Education Company (SPEC) Paramount Home Beauty
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Salon Professional Education Company (SPEC) Paramount Home Beauty
Training * Available at headquarters: 5 days * At franchisee's location: 5 days (optional)
Support
Marketing
Operations * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Salon Professional Education Company (SPEC) Paramount Home Beauty
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
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Franchise Fee
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Royalty Fee
Salon Professional Education Company (SPEC)
Paramount Home Beauty 5%
Advertising Fee
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Year Founded
Salon Professional Education Company (SPEC) 2004
Paramount Home Beauty 2004
Year Franchised
Salon Professional Education Company (SPEC) 2018
Paramount Home Beauty 2006
Term Of Agreement
Salon Professional Education Company (SPEC)
Paramount Home Beauty 10 years
Renewal Fee
Salon Professional Education Company (SPEC)
Paramount Home Beauty


Business Experience Requirements

Experience
Salon Professional Education Company (SPEC)
Paramount Home Beauty

Financing Options

 
Franchise Fees
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Start-up Costs
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Equipment
Salon Professional Education Company (SPEC)}
Paramount Home Beauty
Inventory
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Receivables
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Payroll
Salon Professional Education Company (SPEC)
Paramount Home Beauty

Training & Support

Training
Salon Professional Education Company (SPEC)
Paramount Home Beauty * Available at headquarters: 5 days * At franchisee's location: 5 days (optional)
Support
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Marketing
Salon Professional Education Company (SPEC)
Paramount Home Beauty
Operations
Salon Professional Education Company (SPEC)
Paramount Home Beauty * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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
Paramount Home Beauty
Canada Expansion
Salon Professional Education Company (SPEC)
Paramount Home Beauty
International Expansion
Salon Professional Education Company (SPEC)
Paramount Home Beauty