Start-Up Costs and Fees |
||
| Cost Cutters Family Hair Care | Beauty Supply Outlet | |
| Investment | 148930 - 316700 | 229000 - 290500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4-6% |
| Advertising Fee | 4% | 2% |
| Year Founded | 1982 | 1993 |
| Year Franchised | 1982 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cost Cutters Family Hair Care | Beauty Supply Outlet | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Cost Cutters Family Hair Care | Beauty Supply Outlet | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cost Cutters Family Hair Care | Beauty Supply Outlet | |
| 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 Supply Outlet | |
| 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 | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |
| Franchise Fee | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |
| Royalty Fee | |
| Cost Cutters Family Hair Care | 6% |
| Beauty Supply Outlet | 4-6% |
| Advertising Fee | |
| Cost Cutters Family Hair Care | 4% |
| Beauty Supply Outlet | 2% |
| Year Founded | |
| Cost Cutters Family Hair Care | 1982 |
| Beauty Supply Outlet | 1993 |
| Year Franchised | |
| Cost Cutters Family Hair Care | 1982 |
| Beauty Supply Outlet | 1993 |
| Term Of Agreement | |
| Cost Cutters Family Hair Care | 15 years |
| Beauty Supply Outlet | |
| Renewal Fee | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |
Business Experience Requirements |
|
| Experience | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
| Beauty Supply Outlet | |
Financing Options |
|
| Franchise Fees | |
| Cost Cutters Family Hair Care | No |
| Beauty Supply Outlet | No |
| Start-up Costs | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |
| Equipment | |
| Cost Cutters Family Hair Care} | |
| Beauty Supply Outlet | |
| Inventory | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |
| Receivables | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |
| Payroll | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |
Training & Support |
|
| Training | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Beauty Supply Outlet | |
| 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 Supply Outlet | |
| Marketing | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Beauty Supply Outlet | |
| 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 Supply Outlet | |
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 Supply Outlet | |
| Canada Expansion | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Cost Cutters Family Hair Care | |
| Beauty Supply Outlet | |