Start-Up Costs and Fees |
||
| Cherry Blow Dry Bar | Lord's & Lady's Hair Salons | |
| Investment | 218600 - 392500 | 50000 - 175000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2012 | 1975 |
| Year Franchised | 2013 | 1980 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cherry Blow Dry Bar | Lord's & Lady's Hair Salons | |
| 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 |
||
| Cherry Blow Dry Bar | Lord's & Lady's Hair Salons | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cherry Blow Dry Bar | Lord's & Lady's Hair Salons | |
| 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. | Boston, MA 2-5 Days |
| 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 | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | ||
| Operations | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Cherry Blow Dry Bar | Lord's & Lady's Hair Salons | |
| 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 | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont |
| 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 | |
| Lord's & Lady's Hair Salons | |
| Franchise Fee | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
| Royalty Fee | |
| Cherry Blow Dry Bar | 7% |
| Lord's & Lady's Hair Salons | 6% |
| Advertising Fee | |
| Cherry Blow Dry Bar | 2% |
| Lord's & Lady's Hair Salons | |
| Year Founded | |
| Cherry Blow Dry Bar | 2012 |
| Lord's & Lady's Hair Salons | 1975 |
| Year Franchised | |
| Cherry Blow Dry Bar | 2013 |
| Lord's & Lady's Hair Salons | 1980 |
| Term Of Agreement | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | 10 years +10 |
| Renewal Fee | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
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. |
| Lord's & Lady's Hair Salons | |
Financing Options |
|
| Franchise Fees | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
| Start-up Costs | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
| Equipment | |
| Cherry Blow Dry Bar} | |
| Lord's & Lady's Hair Salons | |
| Inventory | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
| Receivables | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
| Payroll | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
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. |
| Lord's & Lady's Hair Salons | Boston, MA 2-5 Days |
| 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 |
| Lord's & Lady's Hair Salons | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |
| Operations | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
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 |
| Lord's & Lady's Hair Salons | Connecticut, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont |
| 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 |
| Lord's & Lady's Hair Salons | |
| International Expansion | |
| Cherry Blow Dry Bar | |
| Lord's & Lady's Hair Salons | |