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Updated RecentlySnip-Its vs Cost Cutters Family Hair Care Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Snip-Its vs Cost Cutters Family Hair Care 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 | $148,930 - $316,700 |
| Franchise Fee | $20,000 - $35,000 | $39,500 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 4% |
| Year Founded | 1992 | 1982 |
| Year Franchised | 2003 | 1982 |
| Term Of Agreement | 10 years | 15 years |
| Term Of Agreement | 10 years | 15 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 | No/No |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
| Operations |
75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
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 | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Snip-Its
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.
About Cost Cutters Family Hair Care
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.