Cost Cutters Family Hair Care vs Chatters Salon and Beauty Supply Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Chatters Salon and Beauty Supply 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
Chatters Salon and Beauty Supply Franchise
Investment $148,930 - $316,700$400,000 - $700,000
Franchise Fee $39,500$40,000
Royalty Fee 6%6%
Advertising Fee 4%2%
Year Founded 19821988
Year Franchised 19821991
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Cost Cutters Family Hair Care Franchise
Chatters Salon and Beauty Supply Franchise
Experience
  • General business experience
  • Marketing skills
  • Retail/service industry experience useful
    		• -

    Financing Options
     
    Cost Cutters Family Hair Care Franchise
    Chatters Salon and Beauty Supply 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
    Chatters Salon and Beauty Supply 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
    Chatters Salon and Beauty Supply Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    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 Chatters Salon and Beauty Supply

    We take pride in helping independent business owners build thriving salons and beauty stores that serve the needs of our customers. Our vision is to deliver a promise of beauty through our retail products and a menu of quality salon services. Our programs are comprehensive and far reaching. Franchisees benefit from a turn key operation and winning advantages: Unprecedented retail sales Excellent margins Purchasing power Alliance with industry leaders Dynamic marketing Unmatched variety Advanced training Recognizable brand Ongoing support By joining Chatters and becoming a Franchisee, you are joining an elite franchise group that has consistently been the industry leader in the hair care industry in Canada for over 20 years. Our experience and expertise in this unique and growing industry is what will take your franchise over the top and ensure longevity as the industry and market evolves and changes. Our company will continue to strive to be the leader and innovator in our industry. This is accomplished through large amounts of investment in time and resources in constantly developing and improving our business and operations to ensure we are always a step ahead of the competition. Join Chatters if you want to be a leader in the hair care industry today, and in the future.

    "Top
    #90 in Canada's Top franchises.