Salon Professional Education Company (SPEC) vs V's Barbershop Franchise Comparison

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

Start-Up Costs and Fees

  Salon Professional Education Company (SPEC) V's Barbershop
Investment 145500 - 1111000 192700 - 423100
Franchise Fee
Royalty Fee 3.5%-5%
Advertising Fee 1% - 3%
Year Founded 2004 1999
Year Franchised 2018 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Salon Professional Education Company (SPEC) V's Barbershop
Experience

Financing Options

  Salon Professional Education Company (SPEC) V's Barbershop
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Salon Professional Education Company (SPEC) V's Barbershop
Training You don't have to be a barber! You'll receive a week of on-site training plus 3 separate step-by-step manuals on how to open and operate your shop.
Support A Team of Experts The V's management team have a combined 50 years experience in the barbering industry and another 40 years experience in business management and consulting. We're here to help you. It's a Barbershop! A business investment has never before been this fun.
Marketing The V's Buzz - Newspapers, magazines and television networks are already reporting on the success of V's Barbershop. The end result is powerful brand recognition that delivers dynamic results for our franchisees. We provide In-store promotions, direct mail, email campaigns, print advertising and more.
Operations

Expansion Plans

  Salon Professional Education Company (SPEC) V's Barbershop
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
Salon Professional Education Company (SPEC)
V's Barbershop
Franchise Fee
Salon Professional Education Company (SPEC)
V's Barbershop
Royalty Fee
Salon Professional Education Company (SPEC)
V's Barbershop 3.5%-5%
Advertising Fee
Salon Professional Education Company (SPEC)
V's Barbershop 1% - 3%
Year Founded
Salon Professional Education Company (SPEC) 2004
V's Barbershop 1999
Year Franchised
Salon Professional Education Company (SPEC) 2018
V's Barbershop 2005
Term Of Agreement
Salon Professional Education Company (SPEC)
V's Barbershop 10 years
Renewal Fee
Salon Professional Education Company (SPEC)
V's Barbershop


Business Experience Requirements

Experience
Salon Professional Education Company (SPEC)
V's Barbershop

Financing Options

 
Franchise Fees
Salon Professional Education Company (SPEC)
V's Barbershop
Start-up Costs
Salon Professional Education Company (SPEC)
V's Barbershop
Equipment
Salon Professional Education Company (SPEC)}
V's Barbershop
Inventory
Salon Professional Education Company (SPEC)
V's Barbershop
Receivables
Salon Professional Education Company (SPEC)
V's Barbershop
Payroll
Salon Professional Education Company (SPEC)
V's Barbershop

Training & Support

Training
Salon Professional Education Company (SPEC)
V's Barbershop You don't have to be a barber! You'll receive a week of on-site training plus 3 separate step-by-step manuals on how to open and operate your shop.
Support
Salon Professional Education Company (SPEC)
V's Barbershop A Team of Experts The V's management team have a combined 50 years experience in the barbering industry and another 40 years experience in business management and consulting. We're here to help you. It's a Barbershop! A business investment has never before been this fun.
Marketing
Salon Professional Education Company (SPEC)
V's Barbershop The V's Buzz - Newspapers, magazines and television networks are already reporting on the success of V's Barbershop. The end result is powerful brand recognition that delivers dynamic results for our franchisees. We provide In-store promotions, direct mail, email campaigns, print advertising and more.
Operations
Salon Professional Education Company (SPEC)
V's Barbershop

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
V's Barbershop
Canada Expansion
Salon Professional Education Company (SPEC)
V's Barbershop
International Expansion
Salon Professional Education Company (SPEC)
V's Barbershop