Question 1

How does Salon Professional Education Company (SPEC) compare to Waxing the City in cost?

Accepted Answer

Salon Professional Education Company (SPEC) requires a minimum investment of $582K compared to $325K for Waxing the City. Salon Professional Education Company (SPEC)'s franchise fee is $49K while Waxing the City's is $43K.

Question 2

Which franchise has more locations, Salon Professional Education Company (SPEC) or Waxing the City?

Accepted Answer

Salon Professional Education Company (SPEC) has 34 total units while Waxing the City has 150 total units.

Question 3

What are the FranchiseLens scores for Salon Professional Education Company (SPEC) and Waxing the City?

Accepted Answer

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

Investment Range	$582K – $2.0M	$325K – $604K
Franchise Fee	$49K	$43K
Royalty Rate	6.0%	6.0%
Total Locations	34	150
FranchiseLens Score	68/100	68/100
Litigation (3yr)	2 cases	0 cases
Territory Type	Protected	Protected
Growth Trend	-1.0% CAGR (3yr)	+8.3% CAGR (3yr)

Investment Range	$582K – $2.0M	$325K – $604K
Franchise Fee	$49K	$43K
Royalty Rate	6.0%	6.0%
Total Locations	34	150
FranchiseLens Score	68/100	68/100
Litigation (3yr)	2 cases	0 cases
Territory Type	Protected	Protected
Growth Trend	-1.0% CAGR (3yr)	+8.3% CAGR (3yr)

Salon Professional Education Company (SPEC)

Salon Professional Education Company (SPEC)

Salon Professional Education Company (SPEC) vs Waxing the City

Salon Professional Education Company (SPEC) vs Waxing the City