Cost Cutters Family Hair Care vs Ideal Image Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Ideal Image 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	Ideal Image Franchise
Investment	$148,930 - $316,700	$551,300 - $903,400
Franchise Fee	$39,500	$25,000 - $35,000
Royalty Fee	6%	9%
Advertising Fee	4%	-
Year Founded	1982	2001
Year Franchised	1982	2004
Term Of Agreement	15 years	10 years
Term Of Agreement	15 years	10 years
Renewal Fee	-	$10000 or 25% of current fee
Business Experience Requirements
	Cost Cutters Family Hair Care Franchise	Ideal Image Franchise
Experience	General business experience Marketing skills Retail/service industry experience useful	-
Financing Options
	Cost Cutters Family Hair Care Franchise	Ideal Image 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/Yes
Inventory	No/Yes	No/Yes
Receivables	No/No	No/No
Payroll	No/No	No/No
Training & Support
	Cost Cutters Family Hair Care Franchise	Ideal Image 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	-
Marketing	Co-op Advertising Ad Templates Regional Advertising Social media SEO	-
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)	-
Expansion Plans
	Cost Cutters Family Hair Care Franchise	Ideal Image Franchise
US Expansion	Yes	-
Canada Expansion	No	No
International Expansion	No	No

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 Ideal Image

NO LONGER FRANCHISING