Snip-its

  • The Snip-its Franchise Company, LLC
6409 City W. Pkwy., # 205-A
Eden Prairie, MN 55344
USA
  • (877) 764-7487 / (952) 288-2222
  • (952) 288-2235 (Fax)

Snip-its has changed the dynamic of children's haircare by turning what has traditionally been considered a mundane and often unpleasant experience into a fun-filled adventure. The Snip-its custom interior features an original cast of cartoon characters, interactive computer play stations, the Magic Box, and a complete line of haircare products formulated just for kids. These, along with our proprietary point of sale, proven marketing system, and specially trained stylists represent one of the most innovative franchise opportunities available. With more than 65 locations nationwide, Snip-its' franchise program is a unique franchise opportunity with great earning potential.

Franchisor Background

Year Established: 1995

Franchising Since: 2003

Operating Units

Franchised Units 60 95.2%
Company-Owned Units 3 4.8%
Total Operating Units 63 100%

Geographic Distribution

USA 63 100.0% In 25 States
Canada 0 0.0% In 0 Provinces
International 0 0.0% In 0 Foreign Countries
Total 63 100%

Multi-Unit Operators

Multi-Unit Operators 4,536
Franchises Owned by Multi-Unit Operators 36

North American Unit Density

Density Units
California 21
Texas 15
Massachusetts 9

Registered in the following Registration States

California, Florida, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, Virginia

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Support and Training

General Information

IFA Member Yes
CFA Member No
Franchisee Association? Yes, is a member
Size of Corporate Staff 9
Site Selection
Assistance
Yes
Lease Negotiation Assistance Yes
Financial Assistance No

Marketing Support

Co-Op Advertising Yes
National Advertising Yes
Regional Advertising Yes
Local Advertising Yes
Other Marketing Support Social Media and Mobile Media, PPC and SEO, Grand Opening, Public Relations, National Spokesperson, Community Fundraising, Charitable Support, Grass Roots Marketing Programs, and Localized Support.

Ongoing Support

Central Data Processing Included
Central Purchasing Included
Field Operation Evaluation Included
Field Training Included
Initial Store Opening Included
Inventory Control Included
Franchisee Newsletter Included
Regional or National Meetings Yes, at additional cost
800 Telephone Hotline N/A

Training

Minneapolis, MN 1 Week
On-Site 2 Weeks
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Financial Requirements

Investment

Minimum Net Worth $500K
Cash Investment $100K
Total Investment $128.975-239.375K
Average Total Investment $184K

Fees

Initial Franchise Fee $35K
Average Franchise Fee N/A
On-Going Royalty 5-6%
Average Royalty N/A
Advertising Fee 1.5-2%

Site Information and Requirements

Average Number of Full-Time Employees 8
Average Number of Part-Time Employees 2
Space Needs (in square feet) 600-1200
Preferred Site Types N/A
Encourages Conversions No
Item 19 (Earnings Claim) Provided? Yes
Listed in the SBA Registry? Yes
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Franchisee Qualifications

Financial Net Worth 5
General Business Experience 5
Specific Industry Experience 1
Formal Education 4
Psychological Profile 2
Personal Interviews 5
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Terms of Contract

Term of Initial Contract 10
Term of Renewal Period 5
Passive Ownership? Allowed
Area Development
Agreements?
Yes, for 0 years
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? No
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Expansion Plans

Projected New Units Over Next 12 Months 46
USA Yes, CA, CO, IL, IN, KY, MD, OH, SC, TN, TX, VI
Canada No
Overseas No
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Request Information for Snip-its

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