Cost Cutters Family Hair Care vs Knockouts Franchise Comparison

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

Start-Up Costs and Fees
  Cost Cutters Family Hair Care Knockouts
Investment 148930 - 316700 94100 - 190550
Franchise Fee 0
Royalty Fee 6%
Advertising Fee 4%
Year Founded 1982 0
Year Franchised 1982 0
Term Of Agreement
Term Of Agreement
Renewal Fee


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

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

Training & Support
  Cost Cutters Family Hair Care Knockouts
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 Knockouts
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
Knockouts
Franchise Fee
Cost Cutters Family Hair Care
Knockouts
Royalty Fee
Cost Cutters Family Hair Care 6%
Knockouts
Advertising Fee
Cost Cutters Family Hair Care 4%
Knockouts
Year Founded
Cost Cutters Family Hair Care 1982
Knockouts 0
Year Franchised
Cost Cutters Family Hair Care 1982
Knockouts 0
Term Of Agreement
Cost Cutters Family Hair Care 15 years
Knockouts
Renewal Fee
Cost Cutters Family Hair Care
Knockouts


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

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

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

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