Start-Up Costs and Fees |
||
| Sola Salon Studios | Supercuts | |
| Investment | 531150 - 1714370 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | 2% | 5% |
| Year Founded | 2003 | 1975 |
| Year Franchised | 2005 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sola Salon Studios | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Sola Salon Studios | Supercuts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sola Salon Studios | Supercuts | |
| Training | Training center utilized | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks, National media | |
| Operations | 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 |
||
| Sola Salon Studios | 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 | |
| Sola Salon Studios | |
| Supercuts | |
| Franchise Fee | |
| Sola Salon Studios | |
| Supercuts | |
| Royalty Fee | |
| Sola Salon Studios | 5.50% |
| Supercuts | 6% |
| Advertising Fee | |
| Sola Salon Studios | 2% |
| Supercuts | 5% |
| Year Founded | |
| Sola Salon Studios | 2003 |
| Supercuts | 1975 |
| Year Franchised | |
| Sola Salon Studios | 2005 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Sola Salon Studios | |
| Supercuts | Conditional |
| Renewal Fee | |
| Sola Salon Studios | |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Sola Salon Studios | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Sola Salon Studios | |
| Supercuts | |
| Start-up Costs | |
| Sola Salon Studios | |
| Supercuts | |
| Equipment | |
| Sola Salon Studios} | |
| Supercuts | |
| Inventory | |
| Sola Salon Studios | |
| Supercuts | |
| Receivables | |
| Sola Salon Studios | |
| Supercuts | |
| Payroll | |
| Sola Salon Studios | |
| Supercuts | |
Training & Support |
|
| Training | |
| Sola Salon Studios | |
| Supercuts | Training center utilized |
| Support | |
| Sola Salon Studios | |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Sola Salon Studios | |
| Supercuts | Ad slicks, National media |
| Operations | |
| Sola Salon Studios | |
| 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 | |
| Sola Salon Studios | 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 | |
| Sola Salon Studios | |
| Supercuts | |
| International Expansion | |
| Sola Salon Studios | |
| Supercuts | |