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Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Beauty Call including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $148,930 - $316,700 | $5,300 - And Up |
Franchise Fee | $39,500 | $5,300 |
Royalty Fee | 6% | 1800/year |
Advertising Fee | 4% | 5%-16% |
Year Founded | 1982 | 2006 |
Year Franchised | 1982 | 2006 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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Training | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed | All new franchisees receive comprehensive training before starting their Beauty Call business and this includes: � Everything you need to know about Beauty Call � Managing your own business � Accounts � Advertising and PR A detailed training and operating manual, which includes the business system and necessary processes and forms, is supplied to each franchisee. The initial training will be followed up with regular communication and support as necessary, as well as the obligatory 3 month catch up. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | On-going promotional support is provided and all franchisees are regularly updated on promotions and advertising organised by head office, both regional and national. Annual get togethers are encouraged for all the artists and franchisees to meet and network |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | Yes |
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.