Snip-its Haircuts for Kids

Snip-its Haircuts for Kids

Children's hair salons, party services
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$168K - $282K
Units as of 2022
44 24% over 3 years

Company Overview

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.

About Snip-its Haircuts for Kids

Founded
1995
Parent Company
The Snip-its Franchise Co.
Leadership
Jason Bakker, CEO
Corporate Address
211 S. River Ridge Cir., #100
Burnsville, MN 55337

Business Overview

Franchising Since
2003 (20 years)
# of employees at HQ
5
Where seeking

This company is offering new franchisees 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
44 (as of 2022)

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
$168,100 - $281,700
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
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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?
No
# of employees required to run
6-10
Are exclusive territories available?
No
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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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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022