Snip-Its Franchise

Children's hair salon

Start-up Costs & Franchises Fees

What is the total cost to open a Snip-Its Franchises?

Total Cost: $117,200-$223,300
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5-6%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 25% of initial fee

Contact Information for Snip-Its

Snip-Its 1085 Worcester Rd. Natick, MA 01760

Phone Number: (508)651-7052 Fax Number: (508)651-0549 Franchise Homepage:

Snip-Its In the Press

No results at this time.

Historical Expansion

In what year did Snip-Its begin operations? 1992
When did Snip-Its begin selling franchises? 2003

Year	United States	Canada	International	Corporate
2005	13	0	0	5
2004	11	0	0	5
2003	1	0	0	5
2002	Not Available	Not Available	Not Available	5
2001	Not Available	Not Available	Not Available	4

Future Expansion

United States: 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, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,

Franchise Financing Information

Cost	In House Financing Available?	3rd Party Financing Available?
Franchise Fee	No	No
Initial Start-up Capital	No	No
Plant, Property, and Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Support
Meetings, Grand opening support, Internet referrals, Field support and site evaluation

Marketing
Cooperative advertising, Ad slicks

Franchise Operation Restrictions

75% of all franchise business owners own more than one franchise location.

Absentee ownership of franchise is allowed.

Qualifications & Business Experience

Business Experience:

General business experience

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes

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