Start-Up Costs and Fees |
||
| State Street Barbers | Cherry Blow Dry Bar | |
| Investment | 191500 - 297000 | 218600 - 392500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% |
| Advertising Fee | 3% local +2% Nat'l | 2% |
| Year Founded | 2003 | 2012 |
| Year Franchised | 2010 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| State Street Barbers | Cherry Blow Dry Bar | |
| Experience | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. | |
Financing Options |
||
| State Street Barbers | Cherry Blow Dry Bar | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| State Street Barbers | Cherry Blow Dry Bar | |
| Training | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. | |
| Support | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| State Street Barbers | Cherry Blow Dry Bar | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Franchise Fee | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Royalty Fee | |
| State Street Barbers | 5% |
| Cherry Blow Dry Bar | 7% |
| Advertising Fee | |
| State Street Barbers | 3% local +2% Nat'l |
| Cherry Blow Dry Bar | 2% |
| Year Founded | |
| State Street Barbers | 2003 |
| Cherry Blow Dry Bar | 2012 |
| Year Franchised | |
| State Street Barbers | 2010 |
| Cherry Blow Dry Bar | 2013 |
| Term Of Agreement | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Renewal Fee | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
Business Experience Requirements |
|
| Experience | |
| State Street Barbers | |
| Cherry Blow Dry Bar | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. |
Financing Options |
|
| Franchise Fees | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Start-up Costs | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Equipment | |
| State Street Barbers} | |
| Cherry Blow Dry Bar | |
| Inventory | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Receivables | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Payroll | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
Training & Support |
|
| Training | |
| State Street Barbers | |
| Cherry Blow Dry Bar | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. |
| Support | |
| State Street Barbers | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. |
| Cherry Blow Dry Bar | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
| Marketing | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
| Operations | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |
Expansion Plans |
|
| US Expansion | |
| State Street Barbers | |
| Cherry Blow Dry Bar | 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 | |
| State Street Barbers | |
| Cherry Blow Dry Bar | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| State Street Barbers | |
| Cherry Blow Dry Bar | |