Cost Cutters Family Hair Care vs Jon'Ric International Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Jon'Ric International including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Cost Cutters Family Hair Care Franchise	Jon'Ric International Franchise
Investment	$148,930 - $316,700	$65,000 - $399,999
Franchise Fee	$39,500	$35,000
Royalty Fee	6%	2%
Advertising Fee	4%	-
Year Founded	1982	1983
Year Franchised	1982	2003
Term Of Agreement	15 years	10 years
Term Of Agreement	15 years	10 years
Renewal Fee	-	-
Business Experience Requirements
	Cost Cutters Family Hair Care Franchise	Jon'Ric International Franchise
Experience	General business experience Marketing skills Retail/service industry experience useful	General business experience
Financing Options
	Cost Cutters Family Hair Care Franchise	Jon'Ric International Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	No/No
Start-up Costs	No/Yes	No/No
Equipment	No/Yes	No/No
Inventory	No/Yes	No/No
Receivables	No/No	No/No
Payroll	No/No	No/No
Training & Support
	Cost Cutters Family Hair Care Franchise	Jon'Ric International Franchise
Training	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 Franchisee Intranet Platform	Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures
Marketing	Co-op Advertising Ad Templates Regional Advertising Social media SEO	National & Regional advertising
Operations	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)	33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)
Expansion Plans
	Cost Cutters Family Hair Care Franchise	Jon'Ric International Franchise
US Expansion	Yes	Yes
Canada Expansion	No	No
International Expansion	No	Yes

Company Overviews

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.

Veteran Incentives  $2,500 rebate on first-store franchise fee

#244 in Franchise 500 for 2020.

About Jon'Ric International

Jon'Ric International is the pioneer of the "Upscale Custom Franchise Specialty Spa". We hold a strong position in the Beauty and Wellness Industry with a high quality of services and products. Jon'Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon'Ric name. Advantages and benefits... We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of Jon'Ric International.