The franchisee will operate a branded entertainment hair care salon business focusing on the specific hair care, spa services, and entertainment (including birthday party) needs of children, operating in buildings that bear their custom interior and exterior trade dress.
Company Background
Snip-its Salon is a salon franchise that offers professional hair care services. Snip-its Salon will offer haircuts, color, styling and other hair treatments for men and women. The company's goal is to be the premier full service hair care salon in their area with a team of experienced stylists who provide high quality customer service.
Franchise Opportunity
Snip-its is the solution to all your haircare needs. When it comes to haircare, there are a lot of options out there. You can go to a high-end salon, or you can try a drugstore brand. But neither of those options fit everyone's budget, and sometimes you just want someone who knows what they're doing to take care of your hair. Snip-its is the perfect solution for anyone looking for quality haircare at an affordable price. Our salon offers a wide range of services, from children's haircuts to color treatments, and we always use top-of-the-line products. Plus, our stylists are always up-to-date on the latest trends so you know you're getting the best possible service.
Corporate Structure
Snip-its Franchise Company, LLC is a Massachusetts limited liability company, and was incorporated on January 29, 2003. They maintain their principal place of business at 6409 City West Parkway, Suite 205 A, Eden Prairie, Minnesota 55344. They began to offer Snip-its franchises in the second quarter of 2003.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
How much investment do I need to start my own Snip-its business?
Franchisees typically require at least $200 to $356 investment to get their Snip-its business started
What are the initial franchise fees for Snip-its?
Franchisees typically need to pay at least $36 in fees directly to Snip-its in order to earn the right to launch their business
How much money can I make with a Snip-its franchise? What are
the average revenues for a typical Snip-its business?
We estimate that the average revenue of an individual
Snip-its unit is approximately
$211,440. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Snip-its unit? What
is my contractual commitment?
Snip-its franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
5 /10
The Franchisor's investment costs ranges from
$200,455 to $356,900
which is
Much Higher
than the $0 to $0 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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