|
Below is an in-depth analysis and side-by-side comparison of Pro-Cuts vs Image Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $84,600 - $148,300 | $555,387 - $1,236,840 |
Franchise Fee | $12,500 - $22,500 | $49,750 |
Royalty Fee | 6% | 5.5% |
Advertising Fee | - | 1% |
Year Founded | 1982 | 2010 |
Year Franchised | 1984 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2500 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
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.