SPEC FDD – Franchise Information, Costs and Fees
Type of Business
Salon Professional Education Company, LLC, doing business as SPEC, offers franchisees the right to establish and operate a distinctive beauty school for training students in hairstyling, cosmetology, esthetics, barbering, nails and/or massage under one of the following school brands that you select: The Salon Professional Academy (“TSPA”) or Elevate Salon Institute (“ESI”) or Spa Pro Academy (“SPA”). All brands are operated under the service mark SPEC. The Franchise System’s distinguishing characteristics include: uniform standards and procedures for business operations; ongoing training in the operation, management, and promotion of the franchised business; advertising and promotional programs; quality education facilities; customer development and service techniques; student recruiting and development; and other technical assistance.
Corporate Information
Salon Professional Education Company, LLC is a North Dakota limited liability company, reorganized in North Dakota on December 23, 2015 (from its original organization in Minnesota on July 13, 2004), and doing business under the name SPEC. Before December 24, 2012, the name of the company was APS, LLC. Their principal business address is 4377 15th Avenue South, Fargo, ND 58103.
Investment
The total investment necessary to begin operation of a new TSPA, ESI or SPA beauty school franchised business is $668,000 to $1,111,000 for the model that includes hairstyling and $448,000 to $838,000 for the model that does not include hairstyling. This includes $45,000 that must be paid to the franchisor or its affiliates. This applies regardless of the service mark you may choose for operating your franchise. The total investment necessary to convert an existing beauty school is $145,500 to $628,500. This also includes the $45,000 that must be paid to the franchisor or its affiliates, and applies regardless of the service mark you may choose for operating your franchise.
