Cost Cutters Family Hair Care vs Floyd's 99 Barbershops Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Floyd's 99 Barbershops including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Cost Cutters Family Hair Care Floyd's 99 Barbershops
Investment 148930 - 316700 294000 - 642000
Franchise Fee 0
Royalty Fee 6% 6%
Advertising Fee 4% 2%
Year Founded 1982 2001
Year Franchised 1982 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Cost Cutters Family Hair Care Floyd's 99 Barbershops
Experience General business experience Marketing skills Retail/service industry experience useful

Financing Options
  Cost Cutters Family Hair Care Floyd's 99 Barbershops
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Cost Cutters Family Hair Care Floyd's 99 Barbershops
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 Floyd's 99 Barbershops
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
Floyd's 99 Barbershops
Franchise Fee
Cost Cutters Family Hair Care
Floyd's 99 Barbershops
Royalty Fee
Cost Cutters Family Hair Care 6%
Floyd's 99 Barbershops 6%
Advertising Fee
Cost Cutters Family Hair Care 4%
Floyd's 99 Barbershops 2%
Year Founded
Cost Cutters Family Hair Care 1982
Floyd's 99 Barbershops 2001
Year Franchised
Cost Cutters Family Hair Care 1982
Floyd's 99 Barbershops 2005
Term Of Agreement
Cost Cutters Family Hair Care 15 years
Floyd's 99 Barbershops
Renewal Fee
Cost Cutters Family Hair Care
Floyd's 99 Barbershops


Business Experience Requirements
Experience
Cost Cutters Family Hair Care General business experience Marketing skills Retail/service industry experience useful
Floyd's 99 Barbershops

Financing Options
 
Franchise Fees
Cost Cutters Family Hair Care No
Floyd's 99 Barbershops No
Start-up Costs
Cost Cutters Family Hair Care
Floyd's 99 Barbershops
Equipment
Cost Cutters Family Hair Care}
Floyd's 99 Barbershops
Inventory
Cost Cutters Family Hair Care
Floyd's 99 Barbershops
Receivables
Cost Cutters Family Hair Care
Floyd's 99 Barbershops
Payroll
Cost Cutters Family Hair Care
Floyd's 99 Barbershops

Training & Support
Training
Cost Cutters Family Hair Care On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed
Floyd's 99 Barbershops
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
Floyd's 99 Barbershops
Marketing
Cost Cutters Family Hair Care Co-op Advertising Ad Templates Regional Advertising Social media SEO
Floyd's 99 Barbershops
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)
Floyd's 99 Barbershops

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
Floyd's 99 Barbershops
Canada Expansion
Cost Cutters Family Hair Care
Floyd's 99 Barbershops 0
International Expansion
Cost Cutters Family Hair Care
Floyd's 99 Barbershops