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Below is an in-depth analysis and side-by-side comparison of Snip-Its vs Tommy Gun's Original Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $124,595 - $220,375 | $250,000 - $350,000 |
Franchise Fee | $20,000 - $35,000 | $30,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1992 | 2009 |
Year Franchised | 2003 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 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/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | 2 weeks |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
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 | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
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.
A new trend in men's personal hygiene and grooming is emerging. In addition to the renewed emphasis men are placing on their appearance, they are spending more on retail products as well. A growing percentage of men reportedly now consider that personal appearance has a direct impact on their level of personal success. As a result, the beauty industry is experiencing a new dimension, one where men are influencing change. Salons are evolving to accommodate the masculine preferences. More and more you'll see salons designed for the male consumer, where they don't have to check their masculinity at the door. It's time to recognize that men value their imagery and provide new opportunities to capture the growing demand for male grooming services.Tommy Gun's Original Barbershop is on the edge of this emerging trend, offering 5 star service in an atmosphere men will appreciate. It's classic, simple, discerning and casual.