Start-Up Costs and Fees |
||
| Cost Cutters Family Hair Care | Bonne Chimie | |
| Investment | 148930 - 316700 | 29500 - 109000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 9% |
| Advertising Fee | 4% | |
| Year Founded | 1982 | 2002 |
| Year Franchised | 1982 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cost Cutters Family Hair Care | Bonne Chimie | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | General business experience Marketing skills Retail experience helpful |
Financing Options |
||
| Cost Cutters Family Hair Care | Bonne Chimie | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Cost Cutters Family Hair Care | Bonne Chimie | |
| 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 | Grand opening, Internet |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO | Ad slicks |
| 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) | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Cost Cutters Family Hair Care | Bonne Chimie | |
| 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 | |
| Bonne Chimie | |
| Franchise Fee | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | |
| Royalty Fee | |
| Cost Cutters Family Hair Care | 6% |
| Bonne Chimie | 9% |
| Advertising Fee | |
| Cost Cutters Family Hair Care | 4% |
| Bonne Chimie | |
| Year Founded | |
| Cost Cutters Family Hair Care | 1982 |
| Bonne Chimie | 2002 |
| Year Franchised | |
| Cost Cutters Family Hair Care | 1982 |
| Bonne Chimie | 2003 |
| Term Of Agreement | |
| Cost Cutters Family Hair Care | 15 years |
| Bonne Chimie | 10 years |
| Renewal Fee | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | $1K |
Business Experience Requirements |
|
| Experience | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
| Bonne Chimie | General business experience Marketing skills Retail experience helpful |
Financing Options |
|
| Franchise Fees | |
| Cost Cutters Family Hair Care | No |
| Bonne Chimie | No |
| Start-up Costs | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | |
| Equipment | |
| Cost Cutters Family Hair Care} | |
| Bonne Chimie | |
| Inventory | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | |
| Receivables | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | |
| Payroll | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | |
Training & Support |
|
| Training | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Bonne Chimie | |
| 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 |
| Bonne Chimie | Grand opening, Internet |
| Marketing | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Bonne Chimie | Ad slicks |
| 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) |
| Bonne Chimie | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
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 |
| Bonne Chimie | |
| Canada Expansion | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | |
| International Expansion | |
| Cost Cutters Family Hair Care | |
| Bonne Chimie | |