Start-Up Costs and Fees |
||
| Snip-Its | Supercuts | |
| Investment | 124595 - 220375 | 151370 - 321020 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 5% |
| Year Founded | 1992 | 1975 |
| Year Franchised | 2003 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Snip-Its | Supercuts | |
| Experience | General business experience | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
||
| Snip-Its | Supercuts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Snip-Its | Supercuts | |
| Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | Training center utilized |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad slicks, National media |
| Operations | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 | 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 |
||
| Snip-Its | Supercuts | |
| 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 | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Snip-Its | |
| Supercuts | |
| Franchise Fee | |
| Snip-Its | |
| Supercuts | |
| Royalty Fee | |
| Snip-Its | 6% |
| Supercuts | 6% |
| Advertising Fee | |
| Snip-Its | 2% |
| Supercuts | 5% |
| Year Founded | |
| Snip-Its | 1992 |
| Supercuts | 1975 |
| Year Franchised | |
| Snip-Its | 2003 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Snip-Its | 10 years |
| Supercuts | Conditional |
| Renewal Fee | |
| Snip-Its | 25% of initial fee |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Snip-Its | General business experience |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Snip-Its | No |
| Supercuts | No |
| Start-up Costs | |
| Snip-Its | |
| Supercuts | |
| Equipment | |
| Snip-Its} | |
| Supercuts | |
| Inventory | |
| Snip-Its | |
| Supercuts | |
| Receivables | |
| Snip-Its | |
| Supercuts | |
| Payroll | |
| Snip-Its | |
| Supercuts | |
Training & Support |
|
| Training | |
| Snip-Its | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| Supercuts | Training center utilized |
| 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 |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Snip-Its | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Supercuts | Ad slicks, National media |
| Operations | |
| Snip-Its | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
| 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 | |
| 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 |
| 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 | |
| Snip-Its | |
| Supercuts | |
| International Expansion | |
| Snip-Its | |
| Supercuts | |