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Hairstyling Franchise Review

Hairstyling Franchise Opportunity - Hairstyling Franchise Business for Sale

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Hairstylings

Snip-Its

snip-its hairstyling franchiseSnip-its has been revolutionizing the hair care industry since its first store opened in 1995 and is now the fastest growing franchise in the children’s haircare market. Snip-its represents the only fully realized, branded entertainment concept in the haircare market today, and one of the most unique concepts in all of retail. Each week, somewhere in the United States, a new group of long-haired children and happy parents welcome new Snip-its franchisees into their neighborhoods with open arms. Snip-Its has taken what was once a dull, tedious and often stressful chore and transformed it a fun-filled family adventure. Running a business has never been so exciting! SINGLE & MULTIPLE UNITS AVAILABLE

BACKGROUND

Year Established: 1995
First Franchised: 2003
Franchised Units: 60
Company Owned Units: 1
Projected New Units (12 months): 15
States/Countries Registered In: All

FINANCIAL/TERMS

Total Investment: $164,655 to $278,150
Minimum Net Worth: $250K
Liquid Capital: $50K
Franchise Fee: $25K
Royalty: 5% (year 1); 6% (thereafter)
Ad: 1.5% (year 1); 2% (thereafter)
Average # of Employees: 8-10
Passive Ownership Allowed: Possibly, As long as certain conditions are met

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