Start-Up Costs and Fees |
||
| Ideal Image | Supercuts | |
| Investment | 551300 - 903400 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | 9% | 6% |
| Advertising Fee | 5% | |
| Year Founded | 2001 | 1975 |
| Year Franchised | 2004 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ideal Image | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Ideal Image | Supercuts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Ideal Image | Supercuts | |
| Training | Training center utilized | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks, National media | |
| Operations | Franchisees required to buy multiple units/master licenses; 82% 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 |
||
| Ideal Image | Supercuts | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ideal Image | |
| Supercuts | |
| Franchise Fee | |
| Ideal Image | |
| Supercuts | |
| Royalty Fee | |
| Ideal Image | 9% |
| Supercuts | 6% |
| Advertising Fee | |
| Ideal Image | |
| Supercuts | 5% |
| Year Founded | |
| Ideal Image | 2001 |
| Supercuts | 1975 |
| Year Franchised | |
| Ideal Image | 2004 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Ideal Image | 10 years |
| Supercuts | Conditional |
| Renewal Fee | |
| Ideal Image | $10000 or 25% of current fee |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Ideal Image | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Ideal Image | No |
| Supercuts | No |
| Start-up Costs | |
| Ideal Image | |
| Supercuts | |
| Equipment | |
| Ideal Image} | |
| Supercuts | |
| Inventory | |
| Ideal Image | |
| Supercuts | |
| Receivables | |
| Ideal Image | |
| Supercuts | |
| Payroll | |
| Ideal Image | |
| Supercuts | |
Training & Support |
|
| Training | |
| Ideal Image | |
| Supercuts | Training center utilized |
| Support | |
| Ideal Image | |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Ideal Image | |
| Supercuts | Ad slicks, National media |
| Operations | |
| Ideal Image | |
| Supercuts | Franchisees required to buy multiple units/master licenses; 82% 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 |
|
| US Expansion | |
| Ideal Image | |
| Supercuts | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Ideal Image | 0 |
| Supercuts | |
| International Expansion | |
| Ideal Image | |
| Supercuts | |