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Updated RecentlySupercuts vs Snip-Its Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Supercuts vs Snip-Its including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $151,370 - $321,020 | $124,595 - $220,375 |
| Franchise Fee | $39,500 | $20,000 - $35,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 5% | 2% |
| Year Founded | 1975 | 1992 |
| Year Franchised | 1979 | 2003 |
| Term Of Agreement | Conditional | 10 years |
| Term Of Agreement | Conditional | 10 years |
| Renewal Fee | Remodeling costs | 25% of initial fee |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | Training center utilized | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) |
75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Supercuts
Supercuts' originator, EMRA Corp. was established in 1975 by Geoffrey M. Rappaport and Frank E. Emmett. The general population organization has been diversifying since 1979. Supercuts Inc. procured EMRA in 1987. It's situated in Minneapolis, Minnesota, and has areas all through the United States.
Owning, working, or diversifying more than 10,000 salons around the world, Regis Corporation has an unmatched profundity of mastery for building salons that flourish. A Fortune 1000 organization, we are headquartered in Minneapolis, Minn. also, publically exchanged on the NYSE (RGS).
Our relentless duty to a positive visitor encounter has made Regis the worldwide pioneer in hair mind administrations and instruction, which you can put to utilize quickly as a franchisee. You won't locate a more grounded partner in the quest for your expert objectives.
Claim a Business Everyone Needs. With a Brand Everyone Loves.
Veteran Incentives
$2,500 rebate on first-store franchise fee!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Snip-Its
Snip-its franchise has changed the dynamic of children's haircare by turning what has traditionally been considered a mundane and often unpleasant experience into a fun-filled adventure. The Snip-its franchise features memorable branding, our own cast of cartoon characters, interactive computer play stations, the Magic Box, and a complete line of haircare products formulated just for kids. These, along with our proprietary point of sale, proven marketing system and specially trained stylists represent one of the most innovative franchise opportunities available.