Start-Up Costs and Fees |
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| Cost Cutters Family Hair Care | Ideal Image | |
| Investment | 148930 - 316700 | 551300 - 903400 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 9% |
| Advertising Fee | 4% | |
| Year Founded | 1982 | 2001 |
| Year Franchised | 1982 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Cost Cutters Family Hair Care | Ideal Image | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
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| Cost Cutters Family Hair Care | Ideal Image | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
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| Cost Cutters Family Hair Care | Ideal Image | |
| 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 |
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| Cost Cutters Family Hair Care | Ideal Image | |
| 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 | |
| Ideal Image | |
| Franchise Fee | |
| Cost Cutters Family Hair Care | |
| Ideal Image | |
| Royalty Fee | |
| Cost Cutters Family Hair Care | 6% |
| Ideal Image | 9% |
| Advertising Fee | |
| Cost Cutters Family Hair Care | 4% |
| Ideal Image | |
| Year Founded | |
| Cost Cutters Family Hair Care | 1982 |
| Ideal Image | 2001 |
| Year Franchised | |
| Cost Cutters Family Hair Care | 1982 |
| Ideal Image | 2004 |
| Term Of Agreement | |
| Cost Cutters Family Hair Care | 15 years |
| Ideal Image | 10 years |
| Renewal Fee | |
| Cost Cutters Family Hair Care | |
| Ideal Image | $10000 or 25% of current fee |
Business Experience Requirements |
|
| Experience | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
| Ideal Image | |
Financing Options |
|
| Franchise Fees | |
| Cost Cutters Family Hair Care | No |
| Ideal Image | No |
| Start-up Costs | |
| Cost Cutters Family Hair Care | |
| Ideal Image | |
| Equipment | |
| Cost Cutters Family Hair Care} | |
| Ideal Image | |
| Inventory | |
| Cost Cutters Family Hair Care | |
| Ideal Image | |
| Receivables | |
| Cost Cutters Family Hair Care | |
| Ideal Image | |
| Payroll | |
| Cost Cutters Family Hair Care | |
| Ideal Image | |
Training & Support |
|
| Training | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Ideal Image | |
| 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 |
| Ideal Image | |
| Marketing | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Ideal Image | |
| 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) |
| Ideal Image | |
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 |
| Ideal Image | |
| Canada Expansion | |
| Cost Cutters Family Hair Care | |
| Ideal Image | 0 |
| International Expansion | |
| Cost Cutters Family Hair Care | |
| Ideal Image | |