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

Below is an in-depth analysis and side-by-side comparison of V's 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

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


Business Experience Requirements

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

Financing Options

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

Training & Support

  V's Barbershop Salon Professional Education Company (SPEC)
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

  V's 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
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

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

Financing Options

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

Training & Support

Training
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.
Salon Professional Education Company (SPEC)
Support
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.
Salon Professional Education Company (SPEC)
Marketing
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.
Salon Professional Education Company (SPEC)
Operations
V's Barbershop
Salon Professional Education Company (SPEC)

Expansion Plans

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