Snip-Its
Cherry Franchise Broker
Total investment:
$ 144,770
Franchise fee:
$ 27,000
Royalty fee:
6%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1995
Franchise since: 2003
Company owned units:
Franchise owned units: 62
Total number of units:
Number of employees per unit: 6-10
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEThe Snip-its Corporation operates and franchises a chain of children’s hair salons. It offers hairstyles, spa treatments, and party styles for boys and girls, as well as baby’s first haircut services. The company was founded in 1995 and is based in Eden Prairie, Minnesota.
As of 2018, Snip-its owns and operates 62 franchises in the United States.
On-The-Job Training: 80 hours
Classroom Training: 34 hour
Net-worth Requirement: $500,000
Liquid Cash Requirement: $100,000 Ad Royalty Fee: 2%
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Languages: 
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