Cost Cutters Family Hair Care vs FACES Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs FACES 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
FACES Franchise
Investment $148,930 - $316,700$219,500 - $372,500
Franchise Fee $39,500N/A
Royalty Fee 6%-
Advertising Fee 4%-
Year Founded 19821976
Year Franchised 19821976
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Cost Cutters Family Hair Care Franchise
FACES Franchise
Experience
  • General business experience
  • Marketing skills
  • Retail/service industry experience useful
    		• -

    Financing Options
     
    Cost Cutters Family Hair Care Franchise
    FACES 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/No-/-
    Payroll No/No-/-

    Training & Support
     
    Cost Cutters Family Hair Care Franchise
    FACES 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
    FACES Franchise
    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 FACES

    When you franchise with FACES, you will enjoy a franchise brand that has a corporate staff with over 75 years of collective retail and franchise experience. They have recently developed a fantastic expansion program, both globally and locally, that integrates a striking store design, high-quality lucrative product lines, gorgeous packaging and, most notably, a system of exceptional, energetic and committed franchisees.

    Widespread research has shown that FACES effectively fills an essential gap between expensive department store cosmetic brands and mass-market cosmetic retailers. This means that now is an ideal time for you to join FACES!