State Street Barbers vs MVP Men's Salon Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of State Street Barbers vs MVP Men's Salon including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  State Street Barbers MVP Men's Salon
Investment 191500 - 297000 123070 - 155000
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 3% local +2% Nat'l 2%
Year Founded 2003 2004
Year Franchised 2010 2010
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  State Street Barbers 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

  State Street Barbers MVP Men's Salon
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  State Street Barbers 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 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.
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

  State Street Barbers 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
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
State Street Barbers
MVP Men's Salon
Franchise Fee
State Street Barbers
MVP Men's Salon
Royalty Fee
State Street Barbers 5%
MVP Men's Salon 5%
Advertising Fee
State Street Barbers 3% local +2% Nat'l
MVP Men's Salon 2%
Year Founded
State Street Barbers 2003
MVP Men's Salon 2004
Year Franchised
State Street Barbers 2010
MVP Men's Salon 2010
Term Of Agreement
State Street Barbers
MVP Men's Salon
Renewal Fee
State Street Barbers
MVP Men's Salon


Business Experience Requirements

Experience
State Street Barbers
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
State Street Barbers
MVP Men's Salon
Start-up Costs
State Street Barbers
MVP Men's Salon
Equipment
State Street Barbers}
MVP Men's Salon
Inventory
State Street Barbers
MVP Men's Salon
Receivables
State Street Barbers
MVP Men's Salon
Payroll
State Street Barbers
MVP Men's Salon

Training & Support

Training
State Street Barbers
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
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.
MVP Men's Salon
Marketing
State Street Barbers
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
State Street Barbers
MVP Men's Salon

Expansion Plans

US Expansion
State Street Barbers
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
State Street Barbers
MVP Men's Salon
International Expansion
State Street Barbers
MVP Men's Salon