Start-Up Costs and Fees |
||
| Supercuts | State Street Barbers | |
| Investment | 151370 - 321020 | 191500 - 297000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 5% | 3% local +2% Nat'l |
| Year Founded | 1975 | 2003 |
| Year Franchised | 1979 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Supercuts | State Street Barbers | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Supercuts | State Street Barbers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Supercuts | State Street Barbers | |
| Training | Training center utilized | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. |
| 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 |
||
| Supercuts | State Street Barbers | |
| 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 | |
| State Street Barbers | |
| Franchise Fee | |
| Supercuts | |
| State Street Barbers | |
| Royalty Fee | |
| Supercuts | 6% |
| State Street Barbers | 5% |
| Advertising Fee | |
| Supercuts | 5% |
| State Street Barbers | 3% local +2% Nat'l |
| Year Founded | |
| Supercuts | 1975 |
| State Street Barbers | 2003 |
| Year Franchised | |
| Supercuts | 1979 |
| State Street Barbers | 2010 |
| Term Of Agreement | |
| Supercuts | Conditional |
| State Street Barbers | |
| Renewal Fee | |
| Supercuts | Remodeling costs |
| State Street Barbers | |
Business Experience Requirements |
|
| Experience | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
| State Street Barbers | |
Financing Options |
|
| Franchise Fees | |
| Supercuts | No |
| State Street Barbers | No |
| Start-up Costs | |
| Supercuts | |
| State Street Barbers | |
| Equipment | |
| Supercuts} | |
| State Street Barbers | |
| Inventory | |
| Supercuts | |
| State Street Barbers | |
| Receivables | |
| Supercuts | |
| State Street Barbers | |
| Payroll | |
| Supercuts | |
| State Street Barbers | |
Training & Support |
|
| Training | |
| Supercuts | Training center utilized |
| State Street Barbers | |
| Support | |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| State Street Barbers | When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations. |
| Marketing | |
| Supercuts | Ad slicks, National media |
| State Street Barbers | |
| 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) |
| State Street Barbers | |
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, |
| State Street Barbers | |
| Canada Expansion | |
| Supercuts | |
| State Street Barbers | |
| International Expansion | |
| Supercuts | |
| State Street Barbers | |