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Below is an in-depth analysis and side-by-side comparison of Pro-Cuts vs Paramount Home Beauty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $84,600 - $148,300 | $44,100 |
Franchise Fee | $12,500 - $22,500 | $14,800 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | - |
Year Founded | 1982 | 2004 |
Year Franchised | 1984 | 2006 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2500 | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
Support | - | - |
Marketing | - | - |
Operations | - | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Since 1982, Pro-Cuts has provided families throughout the South and Midwest with affordable haircuts. The company, which was founded by a family of professional barbers and cosmetologists, began franchising in 1984.
Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.