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Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs s.h.a.p.e.s Brow Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $148,930 - $316,700 | $63,150 - $83,100 |
Franchise Fee | $39,500 | $24,500 - $28,500 |
Royalty Fee | 6% | 8% |
Advertising Fee | 4% | 2-3% |
Year Founded | 1982 | - |
Year Franchised | 1982 | - |
Term Of Agreement | 15 years | 3-5 years |
Term Of Agreement | 15 years | 3-5 years |
Renewal 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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed | A structured training program is provided which includes classroom and onsite training. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | A comprehensive support system is in place to guide you from site selection, facility layout and design, hiring, training and marketing to the day to day operations of your beauty bar using technology and support of top management and area representatives. |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO | ♣ Use of Shapes Brow Bar name, logos and trademarks. ♣ Use of our custom software application to assist you in running an efficient business. ♣ Access to proprietary and proven systems and techniques designed to make business ownership simple and efficient. ♣ Pre-negotiated and discounted vendor rates offered exclusively to Shapes Franchisees. ♣ A well managed website that will promote your location that will post your address, phone number, hours of operation and give directions to and from your clinic. ♣ A Research and Development team working hard to stay ahead of industry trends. |
Operations |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
In 1963, Joe Francis opened the first The Barbers Hairstyling for Men salon in Minnesota. Five years later, the salons began styling women's hair. In 1982, Francis diversified even more, founding family salon Cost Cutters. Twelve Cost Cutters centers opened that first year, and six years later, the 300th salon opened. Today, Cost Cutters is owned by Regis Corporation, a Minneapolis-based company that also owns a host of other hair salons, including City Looks, Regis Salons, Supercuts and We Care Hair.