Snip-Its
Children's hair salons, party services

About
Founded

1995

Franchising Since

2003 (16 Years)

Corporate Address

211 S. River Ridge Cir., #100
Burnsville, MN 55337

CEO

Matthew Paschke

Financial Requirements
Initial Investment

$130,760 - $240,440

Net-worth Requirement

$500,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $35,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Snip-Its has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Newsletter

Grand Opening

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Marketing Support

Ad Templates

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

24 hours

Classroom Training:

26 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

6 - 10

Bio
In search of a hair salon to take her young children to, Joanna Meiseles ended up opening it herself in 1995. Snip-Its proprietary characters, games and stories are designed to keep kids entertained while they get their hair cut, and at the end of each visit they receive a prize. Snip-Its locations also offer children's parties and sell hair care products.
Cost
Initial Investment: Low - $130,760 High - $240,440
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

There's a Skilled Trade Labor Shortage. Can We Fix It?

How franchises are working to boost their workforce.

How Dubai Based Startup Uncle Fluffy Bakery Became A Global Franchise

The Uncle Fluffy brand now has the distinction of being franchised out to multiple geographies within three years of its existence, which makes one wonder of its secret sauce.

Licensing vs. Franchising: Which Path Is Right for You?

Here are three factors to help you determine how best to expand your business through franchising or licensing.

Being Laid Off was the Best Thing that Happened for This Travel Franchisee

How Sue Palenik turned a passion into a million-dollar business.

Want to Open a Business? Here Are 5 Reasons to Consider Franchising.

There's more than one way to become your own boss.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 7th, 2019