Start-Up Costs and Fees |
||
| Beauty Supply Outlet | Cost Cutters Family Hair Care | |
| Investment | 229000 - 290500 | 148930 - 316700 |
| Franchise Fee | 0 | |
| Royalty Fee | 4-6% | 6% |
| Advertising Fee | 2% | 4% |
| Year Founded | 1993 | 1982 |
| Year Franchised | 1993 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Beauty Supply Outlet | Cost Cutters Family Hair Care | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Beauty Supply Outlet | Cost Cutters Family Hair Care | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Beauty Supply Outlet | Cost Cutters Family Hair Care | |
| Training | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO | |
| Operations | Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Beauty Supply Outlet | Cost Cutters Family Hair Care | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
| Franchise Fee | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
| Royalty Fee | |
| Beauty Supply Outlet | 4-6% |
| Cost Cutters Family Hair Care | 6% |
| Advertising Fee | |
| Beauty Supply Outlet | 2% |
| Cost Cutters Family Hair Care | 4% |
| Year Founded | |
| Beauty Supply Outlet | 1993 |
| Cost Cutters Family Hair Care | 1982 |
| Year Franchised | |
| Beauty Supply Outlet | 1993 |
| Cost Cutters Family Hair Care | 1982 |
| Term Of Agreement | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | 15 years |
| Renewal Fee | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
Business Experience Requirements |
|
| Experience | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
| Start-up Costs | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
| Equipment | |
| Beauty Supply Outlet} | |
| Cost Cutters Family Hair Care | |
| Inventory | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
| Receivables | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
| Payroll | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |
Training & Support |
|
| Training | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Support | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Operations | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Beauty Supply Outlet | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Cost Cutters Family Hair Care | |
| International Expansion | |
| Beauty Supply Outlet | |
| Cost Cutters Family Hair Care | |