Question 1

How does Salon Professional Education Company (SPEC) compare to The Look Salon Suites in cost?

Accepted Answer

Salon Professional Education Company (SPEC) requires a minimum investment of $582K compared to $676K for The Look Salon Suites. Salon Professional Education Company (SPEC)'s franchise fee is $49K while The Look Salon Suites's is $55K.

Question 2

Which franchise has more locations, Salon Professional Education Company (SPEC) or The Look Salon Suites?

Accepted Answer

Salon Professional Education Company (SPEC) has 34 total units while The Look Salon Suites has 5 total units.

Question 3

What are the FranchiseLens scores for Salon Professional Education Company (SPEC) and The Look Salon Suites?

Accepted Answer

Salon Professional Education Company (SPEC) has a FranchiseLens score of 68/100 and The Look Salon Suites scores 68/100. These scores reflect analysis of 100+ metrics from each franchise's FDD.

Investment Range	$582K – $2.0M	$676K – $1.2M
Franchise Fee	$49K	$55K
Royalty Rate	6.0%	5.5%
Total Locations	34	5
FranchiseLens Score	68/100	68/100
Litigation (3yr)	2 cases	0 cases
Territory Type	Protected	Exclusive
Growth Trend	-1.0% CAGR (3yr)	+71.0% CAGR (3yr)

Investment Range	$582K – $2.0M	$676K – $1.2M
Franchise Fee	$49K	$55K
Royalty Rate	6.0%	5.5%
Total Locations	34	5
FranchiseLens Score	68/100	68/100
Litigation (3yr)	2 cases	0 cases
Territory Type	Protected	Exclusive
Growth Trend	-1.0% CAGR (3yr)	+71.0% CAGR (3yr)

Salon Professional Education Company (SPEC)

Salon Professional Education Company (SPEC)

Salon Professional Education Company (SPEC) vs The Look Salon Suites

Salon Professional Education Company (SPEC) vs The Look Salon Suites