Start-Up Costs and Fees |
||
| Supercuts | Sona MedSpa | |
| Investment | 151370 - 321020 | 382000 - 747500 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 10.75% |
| Advertising Fee | 5% | |
| Year Founded | 1975 | 1997 |
| Year Franchised | 1979 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Supercuts | Sona MedSpa | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | Industry experience General business experience Marketing skills Strong interpersonal skills |
Financing Options |
||
| Supercuts | Sona MedSpa | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Supercuts | Sona MedSpa | |
| Training | Training center utilized | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad slicks, National media | Ad slicks |
| 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 |
||
| Supercuts | Sona MedSpa | |
| US Expansion | 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 | |
| Supercuts | |
| Sona MedSpa | |
| Franchise Fee | |
| Supercuts | |
| Sona MedSpa | |
| Royalty Fee | |
| Supercuts | 6% |
| Sona MedSpa | 10.75% |
| Advertising Fee | |
| Supercuts | 5% |
| Sona MedSpa | |
| Year Founded | |
| Supercuts | 1975 |
| Sona MedSpa | 1997 |
| Year Franchised | |
| Supercuts | 1979 |
| Sona MedSpa | 2002 |
| Term Of Agreement | |
| Supercuts | Conditional |
| Sona MedSpa | 15 years |
| Renewal Fee | |
| Supercuts | Remodeling costs |
| Sona MedSpa | 25% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
| Sona MedSpa | Industry experience General business experience Marketing skills Strong interpersonal skills |
Financing Options |
|
| Franchise Fees | |
| Supercuts | No |
| Sona MedSpa | No |
| Start-up Costs | |
| Supercuts | |
| Sona MedSpa | |
| Equipment | |
| Supercuts} | |
| Sona MedSpa | |
| Inventory | |
| Supercuts | |
| Sona MedSpa | |
| Receivables | |
| Supercuts | |
| Sona MedSpa | |
| Payroll | |
| Supercuts | |
| Sona MedSpa | |
Training & Support |
|
| Training | |
| Supercuts | Training center utilized |
| Sona MedSpa | |
| Support | |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Sona MedSpa | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Supercuts | Ad slicks, National media |
| Sona MedSpa | Ad slicks |
| Operations | |
| 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) |
| Sona MedSpa | |
Expansion Plans |
|
| US Expansion | |
| 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, |
| Sona MedSpa | |
| Canada Expansion | |
| Supercuts | |
| Sona MedSpa | |
| International Expansion | |
| Supercuts | |
| Sona MedSpa | |