Salon Professional Education Company (SPEC) vs Upgrade Labs
Franchise Comparison 2026
Both Salon Professional Education Company (SPEC) and Upgrade Labs are healthcare franchises. Salon Professional Education Company (SPEC) requires an investment of $1.0M – $2.0M while Upgrade Labs requires $752K – $1.5M. Salon Professional Education Company (SPEC) discloses average revenue of $1.9M; Upgrade Labs does not report Item 19 data. Note: Reported for a subset of outlets rather than the whole system. FranchiseVerdict rates Salon Professional Education Company (SPEC) B (Above average) and Upgrade Labs C (Average).
| Metric | Salon Professional Education Company (SPEC) | Upgrade Labs |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | CAverageAverage |
| Investment Range | $1.0M – $2.0M | $752K – $1.5M |
| Franchise Fee | $49K | $65K |
| Royalty Rate | 6.0% | Greater of $2,500 or 7.5% of Gross Sales |
| Average Revenue (Item 19) | $1.9MOutlet subset | N/A |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 34 | 5 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2008 | 2021 |
| FDD Year | 2025 | 2025 |
Investment Range
$1.0M – $2.0M
$752K – $1.5M
Franchise Fee
$49K
$65K
Royalty Rate
6.0%
Greater of $2,500 or 7.5% of Gross Sales
Average Revenue (Item 19)
$1.9MOutlet subset
N/A
SBA Charge-Off Rate
N/A
Limited data
Total Units
34
5
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2008
2021
FDD Year
2025
2025