Start-Up Costs and Fees |
||
| Cherry Blow Dry Bar | Paramount Home Beauty | |
| Investment | 218600 - 392500 | 44100 - 44100 |
| Franchise Fee | ||
| Royalty Fee | 7% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 2012 | 2004 |
| Year Franchised | 2013 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cherry Blow Dry Bar | Paramount Home Beauty | |
| 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 |
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| Cherry Blow Dry Bar | Paramount Home Beauty | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cherry Blow Dry Bar | Paramount Home Beauty | |
| 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. | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | *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 | * 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 |
||
| Cherry Blow Dry Bar | 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 | 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 | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
| Franchise Fee | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
| Royalty Fee | |
| Cherry Blow Dry Bar | 7% |
| Paramount Home Beauty | 5% |
| Advertising Fee | |
| Cherry Blow Dry Bar | 2% |
| Paramount Home Beauty | |
| Year Founded | |
| Cherry Blow Dry Bar | 2012 |
| Paramount Home Beauty | 2004 |
| Year Franchised | |
| Cherry Blow Dry Bar | 2013 |
| Paramount Home Beauty | 2006 |
| Term Of Agreement | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | 10 years |
| Renewal Fee | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| Paramount Home Beauty | |
Financing Options |
|
| Franchise Fees | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
| Start-up Costs | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
| Equipment | |
| Cherry Blow Dry Bar} | |
| Paramount Home Beauty | |
| Inventory | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
| Receivables | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
| Payroll | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
Training & Support |
|
| Training | |
| 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. |
| Paramount Home Beauty | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | |
| 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 |
| Paramount Home Beauty | |
| Marketing | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |
| Operations | |
| Cherry Blow Dry Bar | |
| 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 | |
| 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 |
| Paramount Home Beauty | |
| Canada Expansion | |
| 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 |
| Paramount Home Beauty | |
| International Expansion | |
| Cherry Blow Dry Bar | |
| Paramount Home Beauty | |