Cost Cutters Family Hair Care vs Carrs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Carrs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Cost Cutters Family Hair Care Carrs
Investment 148930 - 316700 84800 - 161300
Franchise Fee 0
Royalty Fee 6% $150/chair
Advertising Fee 4%
Year Founded 1982 2003
Year Franchised 1982 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Cost Cutters Family Hair Care Carrs
Experience General business experience Marketing skills Retail/service industry experience useful

Financing Options
  Cost Cutters Family Hair Care Carrs
 
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 Carrs
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 Carrs
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
Carrs
Franchise Fee
Cost Cutters Family Hair Care
Carrs
Royalty Fee
Cost Cutters Family Hair Care 6%
Carrs $150/chair
Advertising Fee
Cost Cutters Family Hair Care 4%
Carrs
Year Founded
Cost Cutters Family Hair Care 1982
Carrs 2003
Year Franchised
Cost Cutters Family Hair Care 1982
Carrs 2004
Term Of Agreement
Cost Cutters Family Hair Care 15 years
Carrs 10 years
Renewal Fee
Cost Cutters Family Hair Care
Carrs


Business Experience Requirements
Experience
Cost Cutters Family Hair Care General business experience Marketing skills Retail/service industry experience useful
Carrs

Financing Options
 
Franchise Fees
Cost Cutters Family Hair Care No
Carrs No
Start-up Costs
Cost Cutters Family Hair Care
Carrs
Equipment
Cost Cutters Family Hair Care}
Carrs
Inventory
Cost Cutters Family Hair Care
Carrs
Receivables
Cost Cutters Family Hair Care
Carrs
Payroll
Cost Cutters Family Hair Care
Carrs

Training & Support
Training
Cost Cutters Family Hair Care On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed
Carrs
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
Carrs
Marketing
Cost Cutters Family Hair Care Co-op Advertising Ad Templates Regional Advertising Social media SEO
Carrs
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)
Carrs

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
Carrs
Canada Expansion
Cost Cutters Family Hair Care
Carrs 0
International Expansion
Cost Cutters Family Hair Care
Carrs