Start-Up Costs and Fees |
||
| Snip-Its | Sharkey's Cuts For Kids | |
| Investment | 124595 - 220375 | 163420 - 222995 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $1000-$1,500/Month |
| Advertising Fee | 2% | |
| Year Founded | 1992 | 2001 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Snip-Its | Sharkey's Cuts For Kids | |
| Experience | General business experience | Focused, determined and looking for a good work-life balance |
Financing Options |
||
| Snip-Its | Sharkey's Cuts For Kids | |
| 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 | Sharkey's Cuts For Kids | |
| Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | Training includes Purchasing and inventory procedures Quality control measures Retail Merchandising Point of sale instruction How to increase sales through add-on sales Financial controls Marketing, advertising and grand opening guidelines Business development and management Human Resources Support Grand Opening Training During your grand opening we will be there to provide support and assistance before and after your opening. On-Going Training Once your salon is open we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas. |
| 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 |
||
| Snip-Its | Sharkey's Cuts For Kids | |
| 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 | 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 | |
| Sharkey's Cuts For Kids | |
| Franchise Fee | |
| Snip-Its | |
| Sharkey's Cuts For Kids | |
| Royalty Fee | |
| Snip-Its | 6% |
| Sharkey's Cuts For Kids | $1000-$1,500/Month |
| Advertising Fee | |
| Snip-Its | 2% |
| Sharkey's Cuts For Kids | |
| Year Founded | |
| Snip-Its | 1992 |
| Sharkey's Cuts For Kids | 2001 |
| Year Franchised | |
| Snip-Its | 2003 |
| Sharkey's Cuts For Kids | 2004 |
| Term Of Agreement | |
| Snip-Its | 10 years |
| Sharkey's Cuts For Kids | |
| Renewal Fee | |
| Snip-Its | 25% of initial fee |
| Sharkey's Cuts For Kids | |
Business Experience Requirements |
|
| Experience | |
| Snip-Its | General business experience |
| Sharkey's Cuts For Kids | Focused, determined and looking for a good work-life balance |
Financing Options |
|
| Franchise Fees | |
| Snip-Its | No |
| Sharkey's Cuts For Kids | No |
| Start-up Costs | |
| Snip-Its | |
| Sharkey's Cuts For Kids | |
| Equipment | |
| Snip-Its} | |
| Sharkey's Cuts For Kids | |
| Inventory | |
| Snip-Its | |
| Sharkey's Cuts For Kids | |
| Receivables | |
| Snip-Its | |
| Sharkey's Cuts For Kids | |
| Payroll | |
| Snip-Its | |
| Sharkey's Cuts For Kids | |
Training & Support |
|
| Training | |
| Snip-Its | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| Sharkey's Cuts For Kids | Training includes Purchasing and inventory procedures Quality control measures Retail Merchandising Point of sale instruction How to increase sales through add-on sales Financial controls Marketing, advertising and grand opening guidelines Business development and management Human Resources Support Grand Opening Training During your grand opening we will be there to provide support and assistance before and after your opening. On-Going Training Once your salon is open we continue to help you grow through regular field support at your location, telephone, local training sessions, monthly newsletters, and ongoing research and development that offer you and your team fresh innovative ideas. |
| 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 |
| Sharkey's Cuts For Kids | |
| Marketing | |
| Snip-Its | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Sharkey's Cuts For Kids | |
| Operations | |
| Snip-Its | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
| Sharkey's Cuts For Kids | |
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 |
| Sharkey's Cuts For Kids | 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 | |
| Snip-Its | |
| Sharkey's Cuts For Kids | |
| International Expansion | |
| Snip-Its | |
| Sharkey's Cuts For Kids | |