Question 1

How does SPEC (Salon Professional Education Company) compare to Vision Source in cost?

Accepted Answer

SPEC (Salon Professional Education Company) requires a minimum investment of $582K compared to $500 for Vision Source. SPEC (Salon Professional Education Company)'s franchise fee is $49K while Vision Source's is $0.

Question 2

Which franchise has more locations, SPEC (Salon Professional Education Company) or Vision Source?

Accepted Answer

SPEC (Salon Professional Education Company) has 34 total units while Vision Source has 3,006 total units.

Question 3

What are the FranchiseLens scores for SPEC (Salon Professional Education Company) and Vision Source?

Accepted Answer

SPEC (Salon Professional Education Company) has a FranchiseLens score of 64/100 and Vision Source scores 64/100. These scores reflect analysis of 100+ metrics from each franchise's FDD.

Investment Range	$582K – $2.0M	$500 – $450K
Franchise Fee	$49K	$0
Royalty Rate	6.0%	2.5%
Total Locations	34	3,006
FranchiseLens Score	64/100	64/100
Litigation (3yr)	2 cases	0 cases
Territory Type	Protected	Protected
Growth Trend	-1.0% CAGR (3yr)	-1.4% CAGR (3yr)

Investment Range	$582K – $2.0M	$500 – $450K
Franchise Fee	$49K	$0
Royalty Rate	6.0%	2.5%
Total Locations	34	3,006
FranchiseLens Score	64/100	64/100
Litigation (3yr)	2 cases	0 cases
Territory Type	Protected	Protected
Growth Trend	-1.0% CAGR (3yr)	-1.4% CAGR (3yr)

SPEC (Salon Professional Education Company)

SPEC (Salon Professional Education Company)

SPEC (Salon Professional Education Company) vs Vision Source

SPEC (Salon Professional Education Company) vs Vision Source