Hair Cuttery vs Chatters Salon and Beauty Supply Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hair Cuttery vs Chatters Salon and Beauty Supply including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hair Cuttery Franchise
Chatters Salon and Beauty Supply Franchise
Investment $120,500 - $283,000$400,000 - $700,000
Franchise Fee $15,000 - $25,000$40,000
Royalty Fee 4.5-5%6%
Advertising Fee -2%
Year Founded 19741988
Year Franchised 20041991
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements

 
Hair Cuttery Franchise
Chatters Salon and Beauty Supply Franchise
Experience --

Financing Options

 
Hair Cuttery Franchise
Chatters Salon and Beauty Supply Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Hair Cuttery Franchise
Chatters Salon and Beauty Supply Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Hair Cuttery Franchise
Chatters Salon and Beauty Supply Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion No-

Company Overviews

About Hair Cuttery

NO LONGER FRANCHISING

For franchisees that enter into a Development Agreement for the establishment of multiple SALONS, the initial franchise fee is as follows:
*          First SALON   $25,000 *          Second to Fifth SALON  $20,000 *          Sixth or more SALONS   $15,000
The fee for the first SALON is paid to us when you sign the Development Agreement. The fees for the additional SALONS are paid when you sign the Franchise Agreement for each SALON.  In addition to the initial franchise fee for each SALON, you must also pay us, when you sign the Development Agreement, a multiple unit development fee of $5,000 multiplied by the number of SALONS to be developed under the Development Schedule.

For illustrative purposes only, if you enter into a Development Agreement for ten SALONS, the initial ''franchise fee and development fee payable to us at the time you enter into the agreements will be as follows:  Initial Franchise Fee $25,000 Units Two through Ten  $45.000 (9 x $5,000)  Total Fees Due $70.000  Multiple unit franchisees can expect to have additional capital and operating expenses which single unit franchisees may or may not incur. For example, we may provide our multi-SALON franchisees a continuing royalty credit of V2 of one percent. To qualify for this credit you will likely require an office, training capabilities, multi-unit management and other support personnel. We have not included these additional costs in the above projections as they will likely not occur with the opening of your first SALON, nor are they reasonably estimated due to the uniqueness of each multi-SALON franchisee''s independent business determinations. Unless otherwise noted above, all of the above fees are uniform and none of the above fees are refundable to you.



About Chatters Salon and Beauty Supply

We take pride in helping independent business owners build thriving salons and beauty stores that serve the needs of our customers. Our vision is to deliver a promise of beauty through our retail products and a menu of quality salon services. Our programs are comprehensive and far reaching. Franchisees benefit from a turn key operation and winning advantages: Unprecedented retail sales Excellent margins Purchasing power Alliance with industry leaders Dynamic marketing Unmatched variety Advanced training Recognizable brand Ongoing support By joining Chatters and becoming a Franchisee, you are joining an elite franchise group that has consistently been the industry leader in the hair care industry in Canada for over 20 years. Our experience and expertise in this unique and growing industry is what will take your franchise over the top and ensure longevity as the industry and market evolves and changes. Our company will continue to strive to be the leader and innovator in our industry. This is accomplished through large amounts of investment in time and resources in constantly developing and improving our business and operations to ensure we are always a step ahead of the competition. Join Chatters if you want to be a leader in the hair care industry today, and in the future.

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#90 in Canada's Top franchises.