Start-Up Costs and Fees |
||
| Cost Cutters Family Hair Care | 18/8 Fine Men's Salons | |
| Investment | 148930 - 316700 | 50000 - 232089 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 4% | |
| Year Founded | 1982 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cost Cutters Family Hair Care | 18/8 Fine Men's Salons | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | Business experience with an affinity to hospitality and managing small teams are the essential skills we look for. |
Financing Options |
||
| Cost Cutters Family Hair Care | 18/8 Fine Men's Salons | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cost Cutters Family Hair Care | 18/8 Fine Men's Salons | |
| 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 | Marketing is our strength our CEO has a thirty year background in marketing. We have great programs and materials already designed that will help get you customers and build a buzz around the brand. |
| 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) | We help you find and train a quality behind-the-chair manager. With this key person in place, then the rest of the team can be hired and managed. Many franchisees also bring in family members to work for the franchise and help manage operations. |
Expansion Plans |
||
| Cost Cutters Family Hair Care | 18/8 Fine Men's Salons | |
| 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 | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
| Franchise Fee | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
| Royalty Fee | |
| Cost Cutters Family Hair Care | 6% |
| 18/8 Fine Men's Salons | |
| Advertising Fee | |
| Cost Cutters Family Hair Care | 4% |
| 18/8 Fine Men's Salons | |
| Year Founded | |
| Cost Cutters Family Hair Care | 1982 |
| 18/8 Fine Men's Salons | 0 |
| Year Franchised | |
| Cost Cutters Family Hair Care | 1982 |
| 18/8 Fine Men's Salons | 0 |
| Term Of Agreement | |
| Cost Cutters Family Hair Care | 15 years |
| 18/8 Fine Men's Salons | |
| Renewal Fee | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
Business Experience Requirements |
|
| Experience | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
| 18/8 Fine Men's Salons | Business experience with an affinity to hospitality and managing small teams are the essential skills we look for. |
Financing Options |
|
| Franchise Fees | |
| Cost Cutters Family Hair Care | No |
| 18/8 Fine Men's Salons | No |
| Start-up Costs | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
| Equipment | |
| Cost Cutters Family Hair Care} | |
| 18/8 Fine Men's Salons | |
| Inventory | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
| Receivables | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
| Payroll | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
Training & Support |
|
| Training | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| 18/8 Fine Men's Salons | |
| Support | |
| 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 |
| 18/8 Fine Men's Salons | |
| Marketing | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| 18/8 Fine Men's Salons | Marketing is our strength our CEO has a thirty year background in marketing. We have great programs and materials already designed that will help get you customers and build a buzz around the brand. |
| Operations | |
| 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) |
| 18/8 Fine Men's Salons | We help you find and train a quality behind-the-chair manager. With this key person in place, then the rest of the team can be hired and managed. Many franchisees also bring in family members to work for the franchise and help manage operations. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| 18/8 Fine Men's Salons | |
| Canada Expansion | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |
| International Expansion | |
| Cost Cutters Family Hair Care | |
| 18/8 Fine Men's Salons | |