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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.
Below is a quick comparison of Hair Cuttery against other Hair Care & Cosmetics franchises and business opportunities. For an in depth comparison of Hair Cuttery with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
18/8 Fine Men's Salons | N/A | $50,000-$232,089 | ||
Advanced Laser Clinics | N/A | $225,000-$260,000 | ||
Aloette Cosmetics | $20,000 | $30,000-$50,000 | ||
American Male Salon | N/A | 5% | 1% | $172,250-$356,500 |
Armstrong McCall | N/A | $75,000-$500,000 | ||
Beaners Fun Cuts for Kids | $25,000 | 6% | 3% | $120,000-$185,000 |
Beauty Brands | $25,000 | $594,500-$936,000 | ||
Beauty Call | $5,300 | 1800/year | 5%-16% | $5,300-And Up |
Beauty Supply Outlet | $25,000 | 4-6% | 2% | $229,000-$290,500 |
Bernard's Salon & Day Spa | $35,000 | 3% | $520,000-$638,500 | |
Bishops Barbershop | N/A | $213,000-$294,000 | ||
Blo Blow Dry Bar | $39,000 | 6% | $229,000-$347,500 | |
Bonne Chimie | $15,000 | 9% | $29,500-$109,000 | |
Camille Albane | $40,000 | 5% | 3% | $245,900-$424,800 |
Cartoon Cuts | $25,000 | 5% | $97,000-$216,000 | |
Caryl Baker Visage salon | $20,000 | 12% on Services | $220,000-$270,000 | |
Chatters Salon and Beauty Supply | $40,000 | 6% | 2% | $400,000-$700,000 |
Cherry Blow Dry Bar | $39,000 | 7% | 2% | $218,600-$392,500 |
Cirque Salon Studios | $40,000 | 5% | 1% Nat'l + At least $500/mo local | $572,837-$743,085 |
City Looks | N/A | $94,500-$275,000 | ||
Color Me Beautiful | N/A | $99-$5,500 | ||
Cookie Cutters | $40,000 | 5% | 1% | $132,000-$339,500 |
Cost Cutters Family Hair Care | $39,500 | 6% | 4% | $148,930-$316,700 |
Dessange Group North America | N/A | $593,450-$840,350 | ||
Diesel Barbershop | $50,000 | 7.5% | 1% | $253,000-$366,000 |
DRNK coffee + tea and Qwench juice bar | $40,000 | 6% | 3% | $253,000-$516,000 |
FACES | N/A | $219,500-$372,500 | ||
Famous Toastery | $40,000 | 5% | 1%-2% | $600,500-$1,024,500 |
Fantastic Sams Hair Salons | $30,000 | $362+/wk. | $142/week | $215,000-$479,000 |
First Choice Haircutters | $29,500-$49,500 | 5% - 7% | 3% | $163,880-$302,600 |
Floyd's 99 Barbershops | $45,000 | 6% | 2% | $294,000-$642,000 |
Glamour Secrets/Trade Secrets | $25,000 | 6% | $200,000-$350,000 | |
Great American Barbershop, The | $35,000 | 6% | 2% | $175,500-$297,000 |
Great Clips | $20,000 | 6% | 5% | $146,900-$282,400 |
Hair Saloon For Men | $30,000 | 6% | $218,600-$299,900 | |
Haircolorxperts | $20,000 | 6% | $273,800-$421,200 | |
Hairhouse Warehouse | $66,000 | 6% | 3% | $350,000-$550,000 |
Ideal Image | $25,000-$35,000 | 9% | $551,300-$903,400 | |
Image Studios | $49,750 | 5.5% | 1% | $555,387-$1,236,840 |
Inaara MedSpas | $100,000 | 5% | $250,000-$600,000 | |
Jon'Ric International | $35,000 | 2% | $65,000-$399,999 | |
Kennedy's All-American Barber Club | $39,000 | 8% | 2000 | $211,285-$314,450 |
Knockouts | $20,000 | $94,100-$190,550 | ||
Lash Lounge, The | $33,167-$49,500 | 6% | 2% | $178,471-$495,152 |
Lemon Tree, The | $32,500 | 6% | $161,206-$232,572 | |
Lord's & Lady's Hair Salons | $25,000 | 6% | $50,000-$175,000 | |
Men's Hair House | $35,000 | 4%-4.5% | 2% | $159,310-$351,770 |
Merle Norman Cosmetics | N/A | 0 | $39,471-$180,888 | |
MY SALON Suite | $50,000-$200,000 | 5.5% | 1% | $713,738-$1,603,518 |
Noufal Haircolor Studio | $38,000-$39,500 | $190,550-$340,600 | ||
Paramount Home Beauty | $14,800 | 5% | $44,100 | |
Phenix Salon Suites | $49,500 | $0.30/sq. ft. | $0.06/sq. ft. | $308,130-$1,387,420 |
Primp and Blow | $57,100-$435,000 | 3% | 1% | $227,175-$622,553 |
Pro-Cuts | $12,500-$22,500 | 6% | $84,600-$148,300 | |
Raze | $35,000 | $259,050-$350,100 | ||
Roosters | $39,500 | 4-6% | 1% | $195,750-$334,850 |
Roosters Men's Grooming Centers | $39,500 | 4% - 6% | 1% | $203,250-$342,350 |
s.h.a.p.e.s Brow Bar | $24,500-$28,500 | 8% | 2-3% | $63,150-$83,100 |
Salon Professional Education Company (SPEC) | N/A | $145,500-$1,111,000 | ||
Salons by JC | $50,000 | 5.5% | Set by you | $722,875-$1,357,700 |
Scissors & Scotch | $50,000 | 4%-6.5% | 2% | $389,300-$665,000 |
Sharkey's Hair It Is | $99,995 | $1000/Month | $106,170-$138,995 | |
SmartStyle | $39,500 | 5% | 2% | $149,430-$305,200 |
Snip-Its | $20,000-$35,000 | 6% | 2% | $124,595-$220,375 |
Sola Salon Studios | $55,000 | 5.5% | 2% | $531,150-$1,714,370 |
Sona MedSpa | $59,500 | 10.75% | $382,000-$747,500 | |
Spasation Salons and Day Spas | N/A | $250,000-$500,000 | ||
SportClips | $25,000-$59,500 | 6% | 5% | $233,800-$388,300 |
State Street Barbers | $25,000 | 5% | 3% local +2% Nat'l | $191,500-$297,000 |
Supercuts | $39,500 | 6% | 5% | $151,370-$321,020 |
Tommy Gun's Original Barbershop | $30,000 | $250,000-$350,000 | ||
Too Hotties | $25,000-$475,000 | 6% | 2% | $164,000-$700,000 |
Trade Secrets/Glamour Secrets | $25,000 | 6% | $200,000-$350,000 | |
Uber Beauty | N/A | $32,900-And Up | ||
V's Barbershop | $30,000 | 3.5%-5% | 1% - 3% | $192,700-$423,100 |
Weave Shop, The | $20,000 | 6% | $94,200-$136,900 | |
Yellow Balloon, The | $25,000 | 4% | $55,000-$103,500 | |
Ziba Beauty | N/A | $175,000-$370,000 |