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Updated RecentlyCost Cutters Family Hair Care vs Cirque Salon Studios Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs Cirque Salon Studios 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 | $572,837 - $743,085 |
| Franchise Fee | $39,500 | $40,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 4% | 1% Nat'l + At least $500/mo local |
| Year Founded | 1982 | - |
| Year Franchised | 1982 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Management and real estate experience is a plus for Cirque Salon Studios owner/operators. Some of the people who'd make optimal franchisees include real estate professionals (anyone involved in leasing, buying, selling or managing property) and other business professionals with sales, marketing or management 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 | Comprehensive pre-opening training and marketing assistance, such as helping you to develop an appropriate local marketing plan and materials to attract studio owners, and conducting recruiting and sales efforts. |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | As a Cirque Salon Studios franchise owner, you can take advantage of an established system that is focused on quality, consistency, and growth. Our track record is supported by an experienced team that can assist with all phases of your commercial real estate franchise growth: - Site selection and build-out guidance, including our approach to identifying appropriate sites, as well as help with facility designs, architectural resources, and equipment packages. - Comprehensive pre-opening training and marketing assistance, such as helping you to develop an appropriate local marketing plan and materials to attract studio owners, and conducting recruiting and sales efforts. - Confidential operations manual, a detailed, proprietary guide with the critical information you need to operate your franchise business, including daily operating procedures, management functions, reporting, forms, and more. - Ongoing support, including remote support by phone and email, plus webinars, newsletters, and also periodic field visits from a dedicated corporate support rep. - Technology tools, including automated facility entry systems to other tech-based operational tools, to help you manage your commercial real estate franchise business. |
| 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) | Operate an efficient, technology-driven, real estate-based business, as they lease space to 25 to 30 independent studio owners. The franchise operation is designed to be far less complex and time-consuming than other opportunities, and allows franchise owners to better manage their investments, as well as their personal and professional schedules. |
Expansion Plans |
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| US Expansion | Yes | 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 Cirque Salon Studios
Cirque Salon is part of a unique niche within two immense industries: the $12 trillion commercial real estate industry and the $42 billion hair salon industry . Our real estate investment franchise model is not only highly attractive to studio owners; it is also relatively resistant to economic fluctuations. Plus, our real estate investment franchise is a risk-adjusted, market tested concept with established standards and procedures. Our model is designed to be fully replicable and relatively simple to implement and follow - and it is backed by a full suite of support services and tools. Best of all, with Cirque Salon Studios' built-in automation, minimized staffing needs (no receptionist or other employed staff required), and focus on tenant retention, once your location reaches optimized occupancy rates, you won't have to spend a lot of time managing it.