Start-Up Costs and Fees |
||
| Hair Cuttery | Supercuts | |
| Investment | 120500 - 283000 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.5-5% | 6% |
| Advertising Fee | 5% | |
| Year Founded | 1974 | 1975 |
| Year Franchised | 2004 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hair Cuttery | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Hair Cuttery | Supercuts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Hair Cuttery | 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 |
||
| Hair Cuttery | Supercuts | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hair Cuttery | |
| Supercuts | |
| Franchise Fee | |
| Hair Cuttery | |
| Supercuts | |
| Royalty Fee | |
| Hair Cuttery | 4.5-5% |
| Supercuts | 6% |
| Advertising Fee | |
| Hair Cuttery | |
| Supercuts | 5% |
| Year Founded | |
| Hair Cuttery | 1974 |
| Supercuts | 1975 |
| Year Franchised | |
| Hair Cuttery | 2004 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Hair Cuttery | 10 years |
| Supercuts | Conditional |
| Renewal Fee | |
| Hair Cuttery | 25% of franchise fee |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Hair Cuttery | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Hair Cuttery | No |
| Supercuts | No |
| Start-up Costs | |
| Hair Cuttery | |
| Supercuts | |
| Equipment | |
| Hair Cuttery} | |
| Supercuts | |
| Inventory | |
| Hair Cuttery | |
| Supercuts | |
| Receivables | |
| Hair Cuttery | |
| Supercuts | |
| Payroll | |
| Hair Cuttery | |
| Supercuts | |
Training & Support |
|
| Training | |
| Hair Cuttery | |
| Supercuts | Training center utilized |
| Support | |
| Hair Cuttery | |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Hair Cuttery | |
| Supercuts | Ad slicks, National media |
| Operations | |
| Hair Cuttery | |
| 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 | |
| Hair Cuttery | |
| 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 | |
| Hair Cuttery | 0 |
| Supercuts | |
| International Expansion | |
| Hair Cuttery | |
| Supercuts | |