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 $582K – $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. FranchiseVerdict rates Salon Professional Education Company (SPEC) B (Above Average) and Upgrade Labs A (Top Quintile).
| Metric | Salon Professional Education Company (SPEC) | Upgrade Labs |
|---|---|---|
| Verdict Grade | BAbove AverageAbove Average | ATop QuintileTop Quintile |
| Investment Range | $582K – $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) | $1.9M | N/A |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 34 | 7 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2008 | 2021 |
| FDD Year | 2025 | 2025 |
Salon Professional Education Company (SPEC)
BAbove AverageAbove Average
Upgrade Labs
ATop QuintileTop Quintile
Investment Range
$582K – $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)
$1.9M
N/A
SBA Charge-Off Rate
N/A
Limited data
Total Units
34
7
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2008
2021
FDD Year
2025
2025