Snip-Its vs State Street Barbers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Snip-Its vs State Street Barbers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Snip-Its Franchise
State Street Barbers Franchise
Investment $124,595 - $220,375$191,500 - $297,000
Franchise Fee $20,000 - $35,000$25,000
Royalty Fee 6%5%
Advertising Fee 2%3% local +2% Nat'l
Year Founded 19922003
Year Franchised 20032010
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of initial fee-


Business Experience Requirements

 
Snip-Its Franchise
State Street Barbers Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Snip-Its Franchise
    State Street Barbers 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
    State Street Barbers Franchise
    Training On-The-Job Training: 80 hours Classroom Training: 34 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations.
    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

    -

    Expansion Plans

     
    Snip-Its Franchise
    State Street Barbers Franchise
    US Expansion Yes-
    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 State Street Barbers

    State Street Barbers is not your typical franchise opportunity. Unlike most franchises offered in the men's grooming segment, we do not desire to be the next large discount haircut franchise chain, with hundreds of locations that rush customers in an out like an assembly line operation. Nor do we aspire to be the next "male salon" that misses the mark on what most men want by offering services such as pedicures and paraffin wax hand treatments. Our discipline in staying true to our value proposition and focusing on our strengths has allowed us to excel in the market and evolve quickly into an award winning and recognized concept. It is this same discipline that will now propel us forward and help drive our growth in the world of franchising. We are committed to ensuring that franchise owners are selected carefully, as well as trained and supported properly, in order to maintain the integrity of our brand. Though relatively young, our business model, and its singular focus on genuinely meeting the needs of our male customers, has allowed us to establish a strong and loyal following in multiple markets and provided a compelling proof of concept for further expansion. Our objective now is to create a tight-knit franchise community to help extend this same level of service and quality to untapped markets while staying true to our brand promise and upholding the ideals and principles that have been the hallmark of our concept to date. When you are selected to join our team, you actually become part of the State Street Barbers family � a small, tight-knit group committed to building something special and helping the entire team reach its full potential.