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Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Primp and Blow 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 | $227,175 - $622,553 |
Franchise Fee | $39,500 | $57,100 - $435,000 |
Royalty Fee | 6% | 3% |
Advertising Fee | 4% | 1% |
Year Founded | 1982 | 2010 |
Year Franchised | 1982 | 2013 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Primp and Blow is looking for energetic,ambitious individuals who want to use their experience and business skills to operate and own their own business. No hair care experience is necessary. A future Primp and Blow franchisee needs to have business building and marketing skills along with team building and employee relation 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 | *Training and development to increase your skills and knowledge *Training and support for new business implementation *Brand management training *Brand promotion training *Brand standards and guidelines support and training *Proprietary technology education *Detailed workshops on creative hair and makeup techniques from the Primp and Blow Hair & Makeup Advanced Training On-The-Job Training: 1 week Classroom Training: 1 week |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | We provide support in salon design and construction, supplier order and co-ordination and many other pre-opening tasks. Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
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) | Absentee Ownership Allowed Number of Employees Required to Run: 6 - 8 |
Expansion Plans |
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US Expansion | Yes | 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.