Start-Up Costs and Fees |
||
| Cool Cuts 4 Kids | Snip-Its | |
| Investment | 107998 - 189030 | 124595 - 220375 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1998 | 1992 |
| Year Franchised | 2009 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cool Cuts 4 Kids | Snip-Its | |
| Experience | General business experience | |
Financing Options |
||
| Cool Cuts 4 Kids | Snip-Its | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cool Cuts 4 Kids | Snip-Its | |
| 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 | |
| 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 |
||
| Cool Cuts 4 Kids | Snip-Its | |
| 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 | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
| Franchise Fee | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
| Royalty Fee | |
| Cool Cuts 4 Kids | 6% |
| Snip-Its | 6% |
| Advertising Fee | |
| Cool Cuts 4 Kids | 2% |
| Snip-Its | 2% |
| Year Founded | |
| Cool Cuts 4 Kids | 1998 |
| Snip-Its | 1992 |
| Year Franchised | |
| Cool Cuts 4 Kids | 2009 |
| Snip-Its | 2003 |
| Term Of Agreement | |
| Cool Cuts 4 Kids | 10 years |
| Snip-Its | 10 years |
| Renewal Fee | |
| Cool Cuts 4 Kids | $2,500 |
| Snip-Its | 25% of initial fee |
Business Experience Requirements |
|
| Experience | |
| Cool Cuts 4 Kids | |
| Snip-Its | General business experience |
Financing Options |
|
| Franchise Fees | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
| Start-up Costs | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
| Equipment | |
| Cool Cuts 4 Kids} | |
| Snip-Its | |
| Inventory | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
| Receivables | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
| Payroll | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
Training & Support |
|
| Training | |
| Cool Cuts 4 Kids | |
| Snip-Its | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| Support | |
| Cool Cuts 4 Kids | |
| Snip-Its | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Cool Cuts 4 Kids | |
| Snip-Its | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Cool Cuts 4 Kids | |
| Snip-Its | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
Expansion Plans |
|
| US Expansion | |
| Cool Cuts 4 Kids | |
| 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 |
| Canada Expansion | |
| Cool Cuts 4 Kids | |
| Snip-Its | |
| International Expansion | |
| Cool Cuts 4 Kids | |
| Snip-Its | |