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Below is an in-depth analysis and side-by-side comparison of Fantastic Sams Hair Salons vs Cookie Cutters including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $215,000 - $479,000 | $132,000 - $339,500 |
Franchise Fee | $30,000 | $40,000 |
Royalty Fee | $362+/wk. | 5% |
Advertising Fee | $142/week | 1% |
Year Founded | 1974 | 1994 |
Year Franchised | 1976 | 1996 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Varies | - |
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 | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/Yes |
Payroll | No/Yes | -/Yes |
Training & Support |
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Training | Available in MA: 1 week Salon Fundamentals At regional office: ongoing On-The-Job Training: ongoing Classroom Training: 32 hours | On-The-Job Training: As needed Classroom Training: 4-5 days |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | Yes |
International Expansion | No | No |
Join a Franchise that:
* Is Recession Resistant
* Is A Leader in its Category
* Does not require previous experience
* Has a low investment
* Offers Single & Multi-Unit Development Opportunities
Owning a Fantastic Sams Hair Salon franchise is a great investment because:
* The hair care business is large, growing, recession resistant and immune to technology or other competitive forces. Hair is always growing and the demand for more services and personal attention by today's consumer creates a great opportunity for the right hair salon business model. The American Salon's Green Book, the bible of the salon business, cites numerous hair care business trends that greatly favor the Fantastic Sams hair salon franchise model
* As a leading hair salon franchise, Fantastic Sams Hair Salon has been featured in some of the top industry and business publications
o Entrepreneur Magazine
o Franchise 500 - #1 Full Service Hair Salon Franchise; #50 overall
o Franchise Times - #54 of Top 200 Franchises
o Black Enterprise - Top Franchises for African Americans
o Poder Enterprise Magazine - Top Franchises for Hispanics
o USA Today - Top Franchises for Minorities
* You don't need to have any previous experience in the Hair Salon Business. Whether you are interested in developing single or multiple salons, as an owner of a Fantastic Sams Hair Salon Franchise, each day you'll work on your business, not in your business. Using your skills in marketing, employee relations, and business management, you dictate the success of your salon or salons.
* In the hair care business, Fantastic Sams Hair Salon fills a large niche that no one else is exploiting - the full-service salon at reasonable prices. And with a low initial investment, owning a Fantastic Sams Hair Salon Franchise is a great business decision.
Cookie Cutters have been operating children’s hair salons since 1994 with franchised outlets since 1996. This experience is designed to help our franchisees operate children’s salons without prior experience in the hair industry.
We train our operators completely using our confidential operations guide that was developed through the years using input from all our network of operators and employees. Your entire staff will be trained before opening to ensure quality in operations and customer service.
Experiencing a Cookie Cutters Haircuts for Kids hair cut is an interactive experience. Our stylists are trained to guide the child and their family through the experience whether it is a first haircut, or an experienced styling. Our unique store design with an in-store playground and games sets us apart from other hair salons.