| ||||
Updated RecentlyCost Cutters Family Hair Care vs Armstrong McCall Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Armstrong McCall including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $148,930 - $316,700 | $75,000 - $500,000 |
| Franchise Fee | $39,500 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | 4% | - |
| Year Founded | 1982 | 1939 |
| Year Franchised | 1982 | 1996 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed | Initially franchise distributors receive a 2-day training at the Armstrong McCall Support Center. Additional Regional training in consultative selling |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Assistance from the Support Center includes: Field sales managers & sales meetings Product knowledge DVDs Distributor-only secure website Innovative Promotions & Merchandising Through close management of franchise operations, Armstrong McCall benefits from a cohesive system where franchises focus on specific promotions. The Support Center provides innovative promotions and incentives such as: Commissioned show sales VIP sales Seasonal in-store sales Store merchandising Monthly print advertising Customer education coordination |
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | 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 Armstrong McCall
Armstrong McCall seeks a limited number of highly qualified individuals to become multi-unit franchise owner/operators in select areas of the U.S. and Mexico. We are currently focusing our U.S. expansion in the Central Plains with plans for further territory development on the horizon. Armstrong McCall owners work on their business by direct involvement in this recession-resistant industry of professional salon distribution.
No Royalties! Unlike many franchises, Armstrong McCall collects no royalties from its franchisees.