Snip-Its

Founded: 1995 Franchising since: 2003

1085 Worcester Rd. Natick, Massachusetts 01760

Phone: (508)651-7052

Franchisor is a privately-held company with 50 employee(s); 8 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	65	0	0	1
2008	61	0	0	1
2007	56	0	0	1
2006	42	0	0	2
2005	20	0	0	5

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, Utah, Vermont, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Negotiable

Total investment: $141K-267.5K Franchise fee: $18.8K-25K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $50K
Business Experience:

• General business experience

Operations

• 75% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 10 - 11
• Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 days
• At franchisee's location: 3-4 days

Ongoing Support

• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Field operations/evaluations

Marketing Support

• Co-op advertising
• Ad slicks

Franchise 500® rank:
#475 (2008);