Start-Up Costs and Fees |
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| Cost Cutters Family Hair Care | Kennedy's All-American Barber Club | |
| Investment | 148930 - 316700 | 211285 - 314450 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 4% | 2000 |
| Year Founded | 1982 | 2008 |
| Year Franchised | 1982 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cost Cutters Family Hair Care | Kennedy's All-American Barber Club | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Cost Cutters Family Hair Care | Kennedy's All-American Barber Club | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cost Cutters Family Hair Care | Kennedy's All-American Barber Club | |
| 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 | Kennedy's All-American Barber Club | |
| 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 | |
| Kennedy's All-American Barber Club | |
| Franchise Fee | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |
| Royalty Fee | |
| Cost Cutters Family Hair Care | 6% |
| Kennedy's All-American Barber Club | 8% |
| Advertising Fee | |
| Cost Cutters Family Hair Care | 4% |
| Kennedy's All-American Barber Club | 2000 |
| Year Founded | |
| Cost Cutters Family Hair Care | 1982 |
| Kennedy's All-American Barber Club | 2008 |
| Year Franchised | |
| Cost Cutters Family Hair Care | 1982 |
| Kennedy's All-American Barber Club | 2008 |
| Term Of Agreement | |
| Cost Cutters Family Hair Care | 15 years |
| Kennedy's All-American Barber Club | |
| Renewal Fee | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |
Business Experience Requirements |
|
| Experience | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
| Kennedy's All-American Barber Club | |
Financing Options |
|
| Franchise Fees | |
| Cost Cutters Family Hair Care | No |
| Kennedy's All-American Barber Club | No |
| Start-up Costs | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |
| Equipment | |
| Cost Cutters Family Hair Care} | |
| Kennedy's All-American Barber Club | |
| Inventory | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |
| Receivables | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |
| Payroll | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |
Training & Support |
|
| Training | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Kennedy's All-American Barber Club | |
| 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 |
| Kennedy's All-American Barber Club | |
| Marketing | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Kennedy's All-American Barber Club | |
| 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) |
| Kennedy's All-American Barber Club | |
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 |
| Kennedy's All-American Barber Club | |
| Canada Expansion | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |
| International Expansion | |
| Cost Cutters Family Hair Care | |
| Kennedy's All-American Barber Club | |