- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$213K - $327K
- Units as of 2023
-
43 15% over 3 years
Company Overview
About Snip-its Haircuts for Kids
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Hair Care, Miscellaneous Children's Businesses, Party/Event Services, Recreation |
| Founded | 1995 |
| Parent Company | The Snip-its Franchise Co. |
| Leadership | Jason Bakker, CEO |
| Corporate Address |
211 S. River Ridge Cir., #100 Burnsville, MN 55337 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2003 (21 years) |
|---|---|
| # of employees at HQ | 5 |
| Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming |
| # of Units | 43 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Snip-its Haircuts for Kids franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$35,000 |
|---|---|
|
Initial Investment
|
$212,515 - $327,027 |
|
Net Worth Requirement
|
$500,000 |
|
Cash Requirement
|
$100,000 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 24 hours |
|---|---|
| Classroom Training | 28 hours |
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
Yes |
| # of employees required to run | 6-10 |
|
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where Snip-its Haircuts for Kids landed on this year's Franchise 500 Ranking versus previous years.
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