Start-Up Costs and Fees |
||
| Paramount Home Beauty | Supercuts | |
| Investment | 44100 - 44100 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 5% | |
| Year Founded | 2004 | 1975 |
| Year Franchised | 2006 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Paramount Home Beauty | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Paramount Home Beauty | Supercuts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Paramount Home Beauty | Supercuts | |
| Training | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) | 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 | * 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; 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 |
||
| Paramount Home Beauty | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Paramount Home Beauty | |
| Supercuts | |
| Franchise Fee | |
| Paramount Home Beauty | |
| Supercuts | |
| Royalty Fee | |
| Paramount Home Beauty | 5% |
| Supercuts | 6% |
| Advertising Fee | |
| Paramount Home Beauty | |
| Supercuts | 5% |
| Year Founded | |
| Paramount Home Beauty | 2004 |
| Supercuts | 1975 |
| Year Franchised | |
| Paramount Home Beauty | 2006 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Paramount Home Beauty | 10 years |
| Supercuts | Conditional |
| Renewal Fee | |
| Paramount Home Beauty | |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Paramount Home Beauty | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Paramount Home Beauty | |
| Supercuts | |
| Start-up Costs | |
| Paramount Home Beauty | |
| Supercuts | |
| Equipment | |
| Paramount Home Beauty} | |
| Supercuts | |
| Inventory | |
| Paramount Home Beauty | |
| Supercuts | |
| Receivables | |
| Paramount Home Beauty | |
| Supercuts | |
| Payroll | |
| Paramount Home Beauty | |
| Supercuts | |
Training & Support |
|
| Training | |
| Paramount Home Beauty | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Supercuts | Training center utilized |
| Support | |
| Paramount Home Beauty | |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Paramount Home Beauty | |
| Supercuts | Ad slicks, National media |
| 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) |
| 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 | |
| Paramount Home Beauty | |
| 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 | |
| Paramount Home Beauty | |
| Supercuts | |
| International Expansion | |
| Paramount Home Beauty | |
| Supercuts | |