Start-Up Costs and Fees |
||
| Paramount Home Beauty | Cost Cutters Family Hair Care | |
| Investment | 44100 - 44100 | 148930 - 316700 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 2004 | 1982 |
| Year Franchised | 2006 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Paramount Home Beauty | Cost Cutters Family Hair Care | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Paramount Home Beauty | Cost Cutters Family Hair Care | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Paramount Home Beauty | Cost Cutters Family Hair Care | |
| Training | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) | 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 | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | 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 |
||
| Paramount Home Beauty | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
| Franchise Fee | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
| Royalty Fee | |
| Paramount Home Beauty | 5% |
| Cost Cutters Family Hair Care | 6% |
| Advertising Fee | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | 4% |
| Year Founded | |
| Paramount Home Beauty | 2004 |
| Cost Cutters Family Hair Care | 1982 |
| Year Franchised | |
| Paramount Home Beauty | 2006 |
| Cost Cutters Family Hair Care | 1982 |
| Term Of Agreement | |
| Paramount Home Beauty | 10 years |
| Cost Cutters Family Hair Care | 15 years |
| Renewal Fee | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
Business Experience Requirements |
|
| Experience | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
| Start-up Costs | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
| Equipment | |
| Paramount Home Beauty} | |
| Cost Cutters Family Hair Care | |
| Inventory | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
| Receivables | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
| Payroll | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
Training & Support |
|
| Training | |
| Paramount Home Beauty | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Cost Cutters Family Hair Care | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Support | |
| Paramount Home Beauty | |
| 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 | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Operations | |
| Paramount Home Beauty | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| 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 | |
| Paramount Home Beauty | |
| 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 | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |
| International Expansion | |
| Paramount Home Beauty | |
| Cost Cutters Family Hair Care | |