Salon Professional Education Company (SPEC) vs Supercuts Franchise Comparison

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

Start-Up Costs and Fees
  Salon Professional Education Company (SPEC) Supercuts
Investment 145500 - 1111000 151370 - 321020
Franchise Fee 0
Royalty Fee 6%
Advertising Fee 5%
Year Founded 2004 1975
Year Franchised 2018 1979
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Salon Professional Education Company (SPEC) Supercuts
Experience General business experience Marketing skills Retail/service industry experience useful

Financing Options
  Salon Professional Education Company (SPEC) Supercuts
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Salon Professional Education Company (SPEC) Supercuts
Training Training center utilized
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Ad slicks, National media
Operations Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)

Expansion Plans
  Salon Professional Education Company (SPEC) Supercuts
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 Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Salon Professional Education Company (SPEC)
Supercuts
Franchise Fee
Salon Professional Education Company (SPEC)
Supercuts
Royalty Fee
Salon Professional Education Company (SPEC)
Supercuts 6%
Advertising Fee
Salon Professional Education Company (SPEC)
Supercuts 5%
Year Founded
Salon Professional Education Company (SPEC) 2004
Supercuts 1975
Year Franchised
Salon Professional Education Company (SPEC) 2018
Supercuts 1979
Term Of Agreement
Salon Professional Education Company (SPEC)
Supercuts Conditional
Renewal Fee
Salon Professional Education Company (SPEC)
Supercuts Remodeling costs


Business Experience Requirements
Experience
Salon Professional Education Company (SPEC)
Supercuts General business experience Marketing skills Retail/service industry experience useful

Financing Options
 
Franchise Fees
Salon Professional Education Company (SPEC)
Supercuts
Start-up Costs
Salon Professional Education Company (SPEC)
Supercuts
Equipment
Salon Professional Education Company (SPEC)}
Supercuts
Inventory
Salon Professional Education Company (SPEC)
Supercuts
Receivables
Salon Professional Education Company (SPEC)
Supercuts
Payroll
Salon Professional Education Company (SPEC)
Supercuts

Training & Support
Training
Salon Professional Education Company (SPEC)
Supercuts Training center utilized
Support
Salon Professional Education Company (SPEC)
Supercuts Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Salon Professional Education Company (SPEC)
Supercuts Ad slicks, National media
Operations
Salon Professional Education Company (SPEC)
Supercuts Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% 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
Supercuts Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion
Salon Professional Education Company (SPEC)
Supercuts
International Expansion
Salon Professional Education Company (SPEC)
Supercuts