Supercuts vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Supercuts 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
  Supercuts Salon Professional Education Company (SPEC)
Investment 151370 - 321020 145500 - 1111000
Franchise Fee 0
Royalty Fee 6%
Advertising Fee 5%
Year Founded 1975 2004
Year Franchised 1979 2018
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Supercuts Salon Professional Education Company (SPEC)
Experience General business experience Marketing skills Retail/service industry experience useful

Financing Options
  Supercuts Salon Professional Education Company (SPEC)
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Supercuts Salon Professional Education Company (SPEC)
Training Training center utilized
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Ad slicks, National media
Operations Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)

Expansion Plans
  Supercuts Salon Professional Education Company (SPEC)
US Expansion Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, 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
Supercuts
Salon Professional Education Company (SPEC)
Franchise Fee
Supercuts
Salon Professional Education Company (SPEC)
Royalty Fee
Supercuts 6%
Salon Professional Education Company (SPEC)
Advertising Fee
Supercuts 5%
Salon Professional Education Company (SPEC)
Year Founded
Supercuts 1975
Salon Professional Education Company (SPEC) 2004
Year Franchised
Supercuts 1979
Salon Professional Education Company (SPEC) 2018
Term Of Agreement
Supercuts Conditional
Salon Professional Education Company (SPEC)
Renewal Fee
Supercuts Remodeling costs
Salon Professional Education Company (SPEC)


Business Experience Requirements
Experience
Supercuts General business experience Marketing skills Retail/service industry experience useful
Salon Professional Education Company (SPEC)

Financing Options
 
Franchise Fees
Supercuts No
Salon Professional Education Company (SPEC) No
Start-up Costs
Supercuts
Salon Professional Education Company (SPEC)
Equipment
Supercuts}
Salon Professional Education Company (SPEC)
Inventory
Supercuts
Salon Professional Education Company (SPEC)
Receivables
Supercuts
Salon Professional Education Company (SPEC)
Payroll
Supercuts
Salon Professional Education Company (SPEC)

Training & Support
Training
Supercuts Training center utilized
Salon Professional Education Company (SPEC)
Support
Supercuts Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Salon Professional Education Company (SPEC)
Marketing
Supercuts Ad slicks, National media
Salon Professional Education Company (SPEC)
Operations
Supercuts Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)
Salon Professional Education Company (SPEC)

Expansion Plans
US Expansion
Supercuts Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, 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
Supercuts
Salon Professional Education Company (SPEC)
International Expansion
Supercuts
Salon Professional Education Company (SPEC)