Start-Up Costs and Fees |
||
| Cost Cutters Family Hair Care | Beauty Brands | |
| Investment | 148930 - 316700 | 594500 - 936000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 4% | |
| Year Founded | 1982 | 1995 |
| Year Franchised | 1982 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cost Cutters Family Hair Care | Beauty Brands | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Cost Cutters Family Hair Care | Beauty Brands | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cost Cutters Family Hair Care | Beauty Brands | |
| 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 | Beauty Brands | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |
| Franchise Fee | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |
| Royalty Fee | |
| Cost Cutters Family Hair Care | 6% |
| Beauty Brands | |
| Advertising Fee | |
| Cost Cutters Family Hair Care | 4% |
| Beauty Brands | |
| Year Founded | |
| Cost Cutters Family Hair Care | 1982 |
| Beauty Brands | 1995 |
| Year Franchised | |
| Cost Cutters Family Hair Care | 1982 |
| Beauty Brands | 1999 |
| Term Of Agreement | |
| Cost Cutters Family Hair Care | 15 years |
| Beauty Brands | |
| Renewal Fee | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |
Business Experience Requirements |
|
| Experience | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
| Beauty Brands | |
Financing Options |
|
| Franchise Fees | |
| Cost Cutters Family Hair Care | No |
| Beauty Brands | No |
| Start-up Costs | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |
| Equipment | |
| Cost Cutters Family Hair Care} | |
| Beauty Brands | |
| Inventory | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |
| Receivables | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |
| Payroll | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |
Training & Support |
|
| Training | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Beauty Brands | |
| 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 |
| Beauty Brands | |
| Marketing | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Beauty Brands | |
| 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) |
| Beauty Brands | |
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 |
| Beauty Brands | |
| Canada Expansion | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | 0 |
| International Expansion | |
| Cost Cutters Family Hair Care | |
| Beauty Brands | |