Start-Up Costs and Fees |
||
| Bishops Barbershop | Cost Cutters Family Hair Care | |
| Investment | 213000 - 294000 | 148930 - 316700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 4% | |
| Year Founded | 0 | 1982 |
| Year Franchised | 2008 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bishops Barbershop | Cost Cutters Family Hair Care | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Bishops Barbershop | Cost Cutters Family Hair Care | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bishops Barbershop | 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 |
||
| Bishops Barbershop | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
| Franchise Fee | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
| Royalty Fee | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | 6% |
| Advertising Fee | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | 4% |
| Year Founded | |
| Bishops Barbershop | 0 |
| Cost Cutters Family Hair Care | 1982 |
| Year Franchised | |
| Bishops Barbershop | 2008 |
| Cost Cutters Family Hair Care | 1982 |
| Term Of Agreement | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | 15 years |
| Renewal Fee | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
Business Experience Requirements |
|
| Experience | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
| Start-up Costs | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
| Equipment | |
| Bishops Barbershop} | |
| Cost Cutters Family Hair Care | |
| Inventory | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
| Receivables | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
| Payroll | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
Training & Support |
|
| Training | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Support | |
| Bishops Barbershop | |
| 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 | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Operations | |
| Bishops Barbershop | |
| 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 | |
| Bishops Barbershop | |
| 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 | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |
| International Expansion | |
| Bishops Barbershop | |
| Cost Cutters Family Hair Care | |