Start-Up Costs and Fees |
||
| Cost Cutters Family Hair Care | American Male Salon | |
| Investment | 148930 - 316700 | 172250 - 356500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 4% | 1% |
| Year Founded | 1982 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cost Cutters Family Hair Care | American Male Salon | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Cost Cutters Family Hair Care | American Male Salon | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cost Cutters Family Hair Care | American Male Salon | |
| 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 |
||
| Cost Cutters Family Hair Care | American Male Salon | |
| 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 | |
| American Male Salon | |
| Franchise Fee | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |
| Royalty Fee | |
| Cost Cutters Family Hair Care | 6% |
| American Male Salon | 5% |
| Advertising Fee | |
| Cost Cutters Family Hair Care | 4% |
| American Male Salon | 1% |
| Year Founded | |
| Cost Cutters Family Hair Care | 1982 |
| American Male Salon | 0 |
| Year Franchised | |
| Cost Cutters Family Hair Care | 1982 |
| American Male Salon | 0 |
| Term Of Agreement | |
| Cost Cutters Family Hair Care | 15 years |
| American Male Salon | 5 years |
| Renewal Fee | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |
Business Experience Requirements |
|
| Experience | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
| American Male Salon | |
Financing Options |
|
| Franchise Fees | |
| Cost Cutters Family Hair Care | No |
| American Male Salon | No |
| Start-up Costs | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |
| Equipment | |
| Cost Cutters Family Hair Care} | |
| American Male Salon | |
| Inventory | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |
| Receivables | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |
| Payroll | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |
Training & Support |
|
| Training | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| American Male Salon | |
| 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 |
| American Male Salon | |
| Marketing | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| American Male Salon | |
| 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) |
| American Male Salon | |
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 |
| American Male Salon | |
| Canada Expansion | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |
| International Expansion | |
| Cost Cutters Family Hair Care | |
| American Male Salon | |