Snip-Its vs Lord's & Lady's Hair Salons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Snip-Its vs Lord's & Lady's Hair Salons including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Snip-Its Franchise
Lord's & Lady's Hair Salons Franchise
Investment $124,595 - $220,375$50,000 - $175,000
Franchise Fee $20,000 - $35,000$25,000
Royalty Fee 6%6%
Advertising Fee 2%-
Year Founded 19921975
Year Franchised 20031980
Term Of Agreement 10 years10 years +10
Term Of Agreement 10 years10 years +10
Renewal Fee 25% of initial fee-


Business Experience Requirements
 
Snip-Its Franchise
Lord's & Lady's Hair Salons Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Snip-Its Franchise
    Lord's & Lady's Hair Salons Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Snip-Its Franchise
    Lord's & Lady's Hair Salons Franchise
    Training On-The-Job Training: 80 hours Classroom Training: 34 hours Boston, MA 2-5 Days
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Central Data Processing

    Central Purchasing

    Field Operation Evaluation

    Field Training

    Initial Store Opening

    Inventory Control

    Regional or National Meetings

    800 Telephone Hotline
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    Operations 75% of all franchisees own more than one unit

    Absentee Ownership Allowed

    Number of Employees Required to Run: 6 - 10

    		Average Number of Employees: 6 Full-time, 8 Part-time

    Passive Ownership: Allowed, But Discouraged

    Expansion Plans
     
    Snip-Its Franchise
    Lord's & Lady's Hair Salons Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion 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 Lord's & Lady's Hair Salons

    Service and retail mall locations which normally do 50% men and 50% women in sales.
    At Lord's & Lady's Hair Salons, we pride ourselves in providing our customers with the perfect cuts, colors, perms and other hair services, along with the highest quality of customer service. Our stylists are highly trained in today's latest hair trends and attend regular classes with major styling educators. Founded 1971 in Boston, Massachusetts, Lord's & Lady's Hair Salons has been servicing the New England area as a full service beauty salon. Salons located throughout New England.