Paramount Home Beauty vs Salon Professional Education Company (SPEC) Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Paramount Home Beauty 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

  Paramount Home Beauty Salon Professional Education Company (SPEC)
Investment 44100 - 44100 145500 - 1111000
Franchise Fee
Royalty Fee 5%
Advertising Fee
Year Founded 2004 2004
Year Franchised 2006 2018
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Paramount Home Beauty Salon Professional Education Company (SPEC)
Experience

Financing Options

  Paramount Home Beauty Salon Professional Education Company (SPEC)
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Paramount Home Beauty Salon Professional Education Company (SPEC)
Training * Available at headquarters: 5 days * At franchisee's location: 5 days (optional)
Support
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 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
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Franchise Fee
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Royalty Fee
Paramount Home Beauty 5%
Salon Professional Education Company (SPEC)
Advertising Fee
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Year Founded
Paramount Home Beauty 2004
Salon Professional Education Company (SPEC) 2004
Year Franchised
Paramount Home Beauty 2006
Salon Professional Education Company (SPEC) 2018
Term Of Agreement
Paramount Home Beauty 10 years
Salon Professional Education Company (SPEC)
Renewal Fee
Paramount Home Beauty
Salon Professional Education Company (SPEC)


Business Experience Requirements

Experience
Paramount Home Beauty
Salon Professional Education Company (SPEC)

Financing Options

 
Franchise Fees
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Start-up Costs
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Equipment
Paramount Home Beauty}
Salon Professional Education Company (SPEC)
Inventory
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Receivables
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Payroll
Paramount Home Beauty
Salon Professional Education Company (SPEC)

Training & Support

Training
Paramount Home Beauty * Available at headquarters: 5 days * At franchisee's location: 5 days (optional)
Salon Professional Education Company (SPEC)
Support
Paramount Home Beauty
Salon Professional Education Company (SPEC)
Marketing
Paramount Home Beauty
Salon Professional Education Company (SPEC)
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)
Salon Professional Education Company (SPEC)

Expansion Plans

US Expansion
Paramount Home Beauty
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
Paramount Home Beauty
Salon Professional Education Company (SPEC)
International Expansion
Paramount Home Beauty
Salon Professional Education Company (SPEC)