Aloette Cosmetics vs Hair Cuttery Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Aloette Cosmetics vs Hair Cuttery including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Aloette Cosmetics Franchise
Hair Cuttery Franchise
Investment $30,000 - $50,000$120,500 - $283,000
Franchise Fee $20,000$15,000 - $25,000
Royalty Fee -4.5-5%
Advertising Fee --
Year Founded 19781974
Year Franchised 19782004
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -25% of franchise fee


Business Experience Requirements

 
Aloette Cosmetics Franchise
Hair Cuttery Franchise
Experience --

Financing Options

 
Aloette Cosmetics Franchise
Hair Cuttery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/Yes
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/Yes
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Aloette Cosmetics Franchise
Hair Cuttery Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Aloette Cosmetics Franchise
Hair Cuttery Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Aloette Cosmetics

Aloette Cosmetics is a company founded on principles of the highest quality. Quality in the level of concentrated aloe ingredients selected to go into its premier skin care and cosmetics line. Ranked by Forbes Magazine as one of "America's Top 200 Small Companies", retail product sales last year for Aloette exceeded more than $25 million. Aloette Cosmetics is committed to offering the highest quality products at the best value. This is done with one primary objective in mind - To bring out the inner beauty in every woman through enhancing her outer beauty.

About Hair Cuttery

NO LONGER FRANCHISING

For franchisees that enter into a Development Agreement for the establishment of multiple SALONS, the initial franchise fee is as follows:
*          First SALON   $25,000 *          Second to Fifth SALON  $20,000 *          Sixth or more SALONS   $15,000
The fee for the first SALON is paid to us when you sign the Development Agreement. The fees for the additional SALONS are paid when you sign the Franchise Agreement for each SALON.  In addition to the initial franchise fee for each SALON, you must also pay us, when you sign the Development Agreement, a multiple unit development fee of $5,000 multiplied by the number of SALONS to be developed under the Development Schedule.

For illustrative purposes only, if you enter into a Development Agreement for ten SALONS, the initial ''franchise fee and development fee payable to us at the time you enter into the agreements will be as follows:  Initial Franchise Fee $25,000 Units Two through Ten  $45.000 (9 x $5,000)  Total Fees Due $70.000  Multiple unit franchisees can expect to have additional capital and operating expenses which single unit franchisees may or may not incur. For example, we may provide our multi-SALON franchisees a continuing royalty credit of V2 of one percent. To qualify for this credit you will likely require an office, training capabilities, multi-unit management and other support personnel. We have not included these additional costs in the above projections as they will likely not occur with the opening of your first SALON, nor are they reasonably estimated due to the uniqueness of each multi-SALON franchisee''s independent business determinations. Unless otherwise noted above, all of the above fees are uniform and none of the above fees are refundable to you.