
Franchise Opportunity Quick Facts
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"Let's Talk Franchising" |
| 11 minute interview
with Franchise
Perfection Founder Jim Coen
and Derek Skaletsky of
Snip-its |
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as broadcast on
"Let's Talk Franchising". |
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Since: 1995
Franchising since: 2003
Number of Units: 35 Open 90 awarded
Minimum Cash: $50,000
Total Investment: Low: $164,655 High:
$278,150
Key
Franchise Value Proposition: Snip-its has been
revolutionizing the hair care industry since its first store
opened in 1995 and is now the fastest growing children's
haircare franchise. Snip-its represents the only fully
realized, branded entertainment franchise concept in the
haircare market today, and one of the most unique concepts
in all of retail franchising.
Key Consumer Value Proposition: 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.
Franchise Fee: $25,000
Royalty: 5% First Year, 6% thereafter.
Advertising: 1.5% National First Year, 2% thereafter.
Experience: Retail sales, customer service, likes
children, business management experience preferred but not
required.
Financing: Third Party potential
Business Model Nuggets:
- What grows faster, kids' hair or a Snip-its
Franchise?
The hair care industry is estimated at over $55 billion,
with the children's sector of the market estimated at $5
billion and growing…literally. Business owners looking
for a recession-resistant business with strong,
consistent reoccurring revenue streams should look no
further than a Snip-its Hair care Franchise. By the
way…a Snip-its franchise also operates during normal
business hours, carries very little inventory, no
receivables, and absolutely no spoilage!
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Work
with some real characters.
Snip-its is the only concept that can boast proprietary
cartoon characters, custom computer play stations, a
Magic Box, and branded hair care products. All of these
unique elements, along with custom training programs for
franchisees and their staffs, combine for a perfect hair
care solution for kids, parents…and franchisees, too.
- The Snip-its Franchise: ownership has its
rewards.
If your goal is to build a successful business and to be
your own boss, you may be closer than you realize. You
don't need to be a licensed cosmetologist or a retail
expert to become a Snip-its franchisee. If you love kids
and want to own your own business, the Snip-its
franchise program can help you fulfill your dream.
- You won't find a more promising business model if
you comb high and low.
Whether you're interested in a single Snip-its salon or
a multi-unit territory, we have a program for you. The
Snip-its franchise program offers you the benefit of a
brand with high consumer awareness, a service with
strong demand and instantaneous customer loyalty, access
to effective marketing programs, plus a system of
operations that is second to none.
- We developed a no-tears formula for franchise
support.
The Snip-its Franchisee Support System has been designed
with one goal in mind: to make it as easy as possible
for franchisees to open and operate a successful and
rewarding business. The Snip-its team is excited to help
its franchisees in all aspects of their business-from
real estate to store development to marketing and
ongoing operations.
- Don't brush aside this opportunity.
If you are a passionate, creative, a qualified
entrepreneur, and you like what you've read so far, we
invite you to take the next step.
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