Start-Up Costs and Fees |
||
| Trade Secrets/Glamour Secrets | Cost Cutters Family Hair Care | |
| Investment | 200000 - 350000 | 148930 - 316700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 1989 | 1982 |
| Year Franchised | 1990 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Trade Secrets/Glamour Secrets | Cost Cutters Family Hair Care | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Trade Secrets/Glamour Secrets | Cost Cutters Family Hair Care | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Trade Secrets/Glamour Secrets | Cost Cutters Family Hair Care | |
| Training | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO | |
| Operations | Franchisees required to buy multiple units/master licenses; 95% 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 |
||
| Trade Secrets/Glamour Secrets | Cost Cutters Family Hair Care | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
| Franchise Fee | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
| Royalty Fee | |
| Trade Secrets/Glamour Secrets | 6% |
| Cost Cutters Family Hair Care | 6% |
| Advertising Fee | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | 4% |
| Year Founded | |
| Trade Secrets/Glamour Secrets | 1989 |
| Cost Cutters Family Hair Care | 1982 |
| Year Franchised | |
| Trade Secrets/Glamour Secrets | 1990 |
| Cost Cutters Family Hair Care | 1982 |
| Term Of Agreement | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | 15 years |
| Renewal Fee | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
Business Experience Requirements |
|
| Experience | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
| Start-up Costs | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
| Equipment | |
| Trade Secrets/Glamour Secrets} | |
| Cost Cutters Family Hair Care | |
| Inventory | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
| Receivables | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
| Payroll | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |
Training & Support |
|
| Training | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Support | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Operations | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | Franchisees required to buy multiple units/master licenses; 95% 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 | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | 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 | |
| Trade Secrets/Glamour Secrets | 0 |
| Cost Cutters Family Hair Care | |
| International Expansion | |
| Trade Secrets/Glamour Secrets | |
| Cost Cutters Family Hair Care | |