Cost Cutters Family Hair Care vs The Great American Barbershop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs The Great American Barbershop 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	The Great American Barbershop Franchise
Investment	$148,930 - $316,700	$175,500 - $297,000
Franchise Fee	$39,500	$35,000
Royalty Fee	6%	6%
Advertising Fee	4%	2%
Year Founded	1982	2015
Year Franchised	1982	2018
Term Of Agreement	15 years	-
Term Of Agreement	15 years	-
Renewal Fee	-	-
Business Experience Requirements
	Cost Cutters Family Hair Care Franchise	The Great American Barbershop Franchise
Experience	General business experience Marketing skills Retail/service industry experience useful	-
Financing Options
	Cost Cutters Family Hair Care Franchise	The Great American Barbershop Franchise
	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
	Cost Cutters Family Hair Care Franchise	The Great American Barbershop Franchise
Training	On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed	On-The-Job Training: 18 hours Classroom Training: 18 hours
Support	Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform	Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Marketing Support Social media SEO Website development
Marketing	Co-op Advertising Ad Templates Regional Advertising Social media SEO	Social media SEO Website development
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	The Great American Barbershop Franchise
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 The Great American Barbershop

Partner with the Great American Barbershop without ever picking up a pair of clippers. 
-Partner w/ the Great American Barbershop and keep your day job. 
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