SPEC (Salon Professional Education Company) charges a royalty fee of 6.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a SPEC (Salon Professional Education Company) franchise is approximately 6.0% of gross sales (2025 FDD). This includes the royalty fee, a 0.0% marketing/advertising fund contribution, a $250/month technology fee, and other recurring charges.

SPEC (Salon Professional Education Company) has been involved in 2 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.

No, the SPEC (Salon Professional Education Company) franchisor has no bankruptcy filings in their disclosure history (2025 FDD).

SPEC (Salon Professional Education Company) offers protected territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Franchisees retain online sales rights for their territory.

SPEC (Salon Professional Education Company) currently operates 34 locations (2025 FDD) (34 franchised, 0 company-owned). The system contracted by 5.6% over the past year. The 3-year compound annual growth rate is -1.0%.

The 1-year franchisee turnover rate for SPEC (Salon Professional Education Company) is 5.9% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

According to the SPEC (Salon Professional Education Company) FDD Item 19 financial performance representation (2025 FDD), the median gross sales per unit is $1.7M (average: $1.9M).

The initial franchise agreement term for SPEC (Salon Professional Education Company) is 15 years (2025 FDD). Franchisees can renew 1 time for 15-year periods. The total potential term is 30 years.

SPEC (Salon Professional Education Company)'s post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 50 miles of the former location (2025 FDD).

Yes, SPEC (Salon Professional Education Company)'s franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD). The agreement includes a jury trial waiver.

SPEC (Salon Professional Education Company) provides 178 hours of initial training (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Yes, SPEC (Salon Professional Education Company) provides site selection assistance to help franchisees find the right location (2025 FDD). The franchisor also provides technology support and systems.