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