Snip-its

Founded

2003

Started franchising

2003

Industry

Sub industry

Snip-its is a children's hair salon franchise providing haircuts and styling services in a fun and engaging environment, making haircuts enjoyable for kids and parents alike.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

$200,000

$357,000

Initial franchise fee

$35,000

Royalty fee

5% - 6%

Advertising fee

2% - 4% plus $7,500 per year

Revenue (AUV)

vs.

for

Hair salon

franchises

Operating Profit

vs.

for

Hair salon

franchises

Sales : Investment ratio

Investment Payback

Franchised units

-9%

(

-4

)

-9%

(

-4

)

vs. 2 years ago

Company-owned units

Total units

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2024

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Snip-its

Beauty

franchises

Hair salon

franchises

Revenue

- COGS

Gross Profit

- Labor costs

- Other costs

Operating Profit

Franchise Disclosure Document

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