The Great American Barbershop vs Salon Professional Education Company (SPEC) Franchise Comparison

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

Start-Up Costs and Fees
  The Great American Barbershop Salon Professional Education Company (SPEC)
Investment 175500 - 297000 145500 - 1111000
Franchise Fee
Royalty Fee 6%
Advertising Fee 2%
Year Founded 2015 2004
Year Franchised 2018 2018
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  The Great American Barbershop Salon Professional Education Company (SPEC)
Experience

Financing Options
  The Great American Barbershop Salon Professional Education Company (SPEC)
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  The Great American Barbershop Salon Professional Education Company (SPEC)
Training On-The-Job Training: 18 hours Classroom Training: 18 hours
Support Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development
Marketing Social media SEO Website development
Operations

Expansion Plans
  The Great American Barbershop Salon Professional Education Company (SPEC)
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
The Great American Barbershop
Salon Professional Education Company (SPEC)
Franchise Fee
The Great American Barbershop
Salon Professional Education Company (SPEC)
Royalty Fee
The Great American Barbershop 6%
Salon Professional Education Company (SPEC)
Advertising Fee
The Great American Barbershop 2%
Salon Professional Education Company (SPEC)
Year Founded
The Great American Barbershop 2015
Salon Professional Education Company (SPEC) 2004
Year Franchised
The Great American Barbershop 2018
Salon Professional Education Company (SPEC) 2018
Term Of Agreement
The Great American Barbershop
Salon Professional Education Company (SPEC)
Renewal Fee
The Great American Barbershop
Salon Professional Education Company (SPEC)


Business Experience Requirements
Experience
The Great American Barbershop
Salon Professional Education Company (SPEC)

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

Training & Support
Training
The Great American Barbershop On-The-Job Training: 18 hours Classroom Training: 18 hours
Salon Professional Education Company (SPEC)
Support
The Great American Barbershop Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development
Salon Professional Education Company (SPEC)
Marketing
The Great American Barbershop Social media SEO Website development
Salon Professional Education Company (SPEC)
Operations
The Great American Barbershop
Salon Professional Education Company (SPEC)

Expansion Plans
US Expansion
The Great American Barbershop 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
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
Canada Expansion
The Great American Barbershop
Salon Professional Education Company (SPEC)
International Expansion
The Great American Barbershop
Salon Professional Education Company (SPEC)