Cost Cutters Family Hair Care vs Cherry Blow Dry Bar Franchise Comparison

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

Start-Up Costs and Fees
  Cost Cutters Family Hair Care Cherry Blow Dry Bar
Investment 148930 - 316700 218600 - 392500
Franchise Fee 0
Royalty Fee 6% 7%
Advertising Fee 4% 2%
Year Founded 1982 2012
Year Franchised 1982 2013
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Cost Cutters Family Hair Care Cherry Blow Dry Bar
Experience General business experience Marketing skills Retail/service industry experience useful We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support.

Financing Options
  Cost Cutters Family Hair Care Cherry Blow Dry Bar
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Cost Cutters Family Hair Care Cherry Blow Dry Bar
Training On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum.
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees
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 Cherry Blow Dry Bar
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 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
Cherry Blow Dry Bar
Franchise Fee
Cost Cutters Family Hair Care
Cherry Blow Dry Bar
Royalty Fee
Cost Cutters Family Hair Care 6%
Cherry Blow Dry Bar 7%
Advertising Fee
Cost Cutters Family Hair Care 4%
Cherry Blow Dry Bar 2%
Year Founded
Cost Cutters Family Hair Care 1982
Cherry Blow Dry Bar 2012
Year Franchised
Cost Cutters Family Hair Care 1982
Cherry Blow Dry Bar 2013
Term Of Agreement
Cost Cutters Family Hair Care 15 years
Cherry Blow Dry Bar
Renewal Fee
Cost Cutters Family Hair Care
Cherry Blow Dry Bar


Business Experience Requirements
Experience
Cost Cutters Family Hair Care General business experience Marketing skills Retail/service industry experience useful
Cherry Blow Dry Bar We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support.

Financing Options
 
Franchise Fees
Cost Cutters Family Hair Care No
Cherry Blow Dry Bar No
Start-up Costs
Cost Cutters Family Hair Care
Cherry Blow Dry Bar
Equipment
Cost Cutters Family Hair Care}
Cherry Blow Dry Bar
Inventory
Cost Cutters Family Hair Care
Cherry Blow Dry Bar
Receivables
Cost Cutters Family Hair Care
Cherry Blow Dry Bar
Payroll
Cost Cutters Family Hair Care
Cherry Blow Dry Bar

Training & Support
Training
Cost Cutters Family Hair Care On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed
Cherry Blow Dry Bar *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum.
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
Cherry Blow Dry Bar *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees
Marketing
Cost Cutters Family Hair Care Co-op Advertising Ad Templates Regional Advertising Social media SEO
Cherry Blow Dry Bar
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)
Cherry Blow Dry Bar

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
Cherry Blow Dry Bar 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
Cost Cutters Family Hair Care
Cherry Blow Dry Bar 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
Cherry Blow Dry Bar