Start-Up Costs and Fees |
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| Snip-Its | Paramount Home Beauty | |
| Investment | 124595 - 220375 | 44100 - 44100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1992 | 2004 |
| Year Franchised | 2003 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Snip-Its | Paramount Home Beauty | |
| Experience | General business experience | |
Financing Options |
||
| Snip-Its | Paramount Home Beauty | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Snip-Its | Paramount Home Beauty | |
| Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| Snip-Its | Paramount Home Beauty | |
| 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 | |
| Snip-Its | |
| Paramount Home Beauty | |
| Franchise Fee | |
| Snip-Its | |
| Paramount Home Beauty | |
| Royalty Fee | |
| Snip-Its | 6% |
| Paramount Home Beauty | 5% |
| Advertising Fee | |
| Snip-Its | 2% |
| Paramount Home Beauty | |
| Year Founded | |
| Snip-Its | 1992 |
| Paramount Home Beauty | 2004 |
| Year Franchised | |
| Snip-Its | 2003 |
| Paramount Home Beauty | 2006 |
| Term Of Agreement | |
| Snip-Its | 10 years |
| Paramount Home Beauty | 10 years |
| Renewal Fee | |
| Snip-Its | 25% of initial fee |
| Paramount Home Beauty | |
Business Experience Requirements |
|
| Experience | |
| Snip-Its | General business experience |
| Paramount Home Beauty | |
Financing Options |
|
| Franchise Fees | |
| Snip-Its | No |
| Paramount Home Beauty | No |
| Start-up Costs | |
| Snip-Its | |
| Paramount Home Beauty | |
| Equipment | |
| Snip-Its} | |
| Paramount Home Beauty | |
| Inventory | |
| Snip-Its | |
| Paramount Home Beauty | |
| Receivables | |
| Snip-Its | |
| Paramount Home Beauty | |
| Payroll | |
| Snip-Its | |
| Paramount Home Beauty | |
Training & Support |
|
| Training | |
| Snip-Its | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| Paramount Home Beauty | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | |
| Snip-Its | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Paramount Home Beauty | |
| Marketing | |
| Snip-Its | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Paramount Home Beauty | |
| Operations | |
| Snip-Its | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
| Paramount Home Beauty | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Snip-Its | 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 |
| Paramount Home Beauty | |
| Canada Expansion | |
| Snip-Its | |
| Paramount Home Beauty | |
| International Expansion | |
| Snip-Its | |
| Paramount Home Beauty | |