Account Login
Franchise Directory
Areas Of Interest
Top 100 Franchises Publications
Franchise Your Business
Home >> Beauty-Related >> Hair Care
| Lord's & Lady's Hair Salons 50 Tower Rd. Newton, MA 02464 |
Submit an online form to receive information from Lord's & Lady's Hair Salons.
|
Business Description
Service and retail mall locations which normally do 50% men and 50% women in sales.
Franchisor Background
Year Established: 1975
Franchising Since: 1980
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: 6 Full-time, 8 Part-time
Space Needs (in square footage): 1,500
Preferred Sites: Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
Service and retail mall locations which normally do 50% men and 50% women in sales.
Franchisor Background
Year Established: 1975
Franchising Since: 1980
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 22 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 22 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
| 1. New Hampshire | 3 |
| 2. Massachusetts | 18 |
| 3. Connecticut | 1 |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $200K |
| Cash Investment: | $50-175K |
| Total Investment: | $50-175K |
| Average Total Investment: | $112K |
| Fees: | |
| Initial Franchise Fee: | $25K |
| Average Franchise Fee: | $25K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 0% |
Space Needs (in square footage): 1,500
Preferred Sites: Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 5 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 4 | ||||||||
| Personal Interview(s): | 4 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 6 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Boston, MA | 2-5 Days | ||||||||
| Expansion Plans | |||||||||
|
Submit an online form to receive information from Lord's & Lady's Hair Salons.
|
||||||||