Start-Up Costs and Fees |
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| Snip-Its | State Street Barbers | |
| Investment | 124595 - 220375 | 191500 - 297000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 3% local +2% Nat'l |
| Year Founded | 1992 | 2003 |
| Year Franchised | 2003 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Snip-Its | State Street Barbers | |
| Experience | General business experience | |
Financing Options |
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| Snip-Its | State Street Barbers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Snip-Its | State Street Barbers | |
| Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. |
| 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 | |
Expansion Plans |
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| Snip-Its | State Street Barbers | |
| 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 | |
| State Street Barbers | |
| Franchise Fee | |
| Snip-Its | |
| State Street Barbers | |
| Royalty Fee | |
| Snip-Its | 6% |
| State Street Barbers | 5% |
| Advertising Fee | |
| Snip-Its | 2% |
| State Street Barbers | 3% local +2% Nat'l |
| Year Founded | |
| Snip-Its | 1992 |
| State Street Barbers | 2003 |
| Year Franchised | |
| Snip-Its | 2003 |
| State Street Barbers | 2010 |
| Term Of Agreement | |
| Snip-Its | 10 years |
| State Street Barbers | |
| Renewal Fee | |
| Snip-Its | 25% of initial fee |
| State Street Barbers | |
Business Experience Requirements |
|
| Experience | |
| Snip-Its | General business experience |
| State Street Barbers | |
Financing Options |
|
| Franchise Fees | |
| Snip-Its | No |
| State Street Barbers | No |
| Start-up Costs | |
| Snip-Its | |
| State Street Barbers | |
| Equipment | |
| Snip-Its} | |
| State Street Barbers | |
| Inventory | |
| Snip-Its | |
| State Street Barbers | |
| Receivables | |
| Snip-Its | |
| State Street Barbers | |
| Payroll | |
| Snip-Its | |
| State Street Barbers | |
Training & Support |
|
| Training | |
| Snip-Its | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| State Street Barbers | |
| 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 |
| State Street Barbers | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. |
| Marketing | |
| Snip-Its | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| State Street Barbers | |
| Operations | |
| Snip-Its | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
| State Street Barbers | |
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 |
| State Street Barbers | |
| Canada Expansion | |
| Snip-Its | |
| State Street Barbers | |
| International Expansion | |
| Snip-Its | |
| State Street Barbers | |