Snip-its

Snip-its is one of the leading children's hair salon franchises in the nation. Founded in 1995, Snip-its pioneered the children's haircut industry by creating a haircut experience that is a fun adventure for our young customers. Nearly 30 years later, Snip-its has helped millions of children look their best, and has cultivated a large, growing customer base of parents who love our approach to cutting children's hair.

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Snip-its Franchise Cost and Requirements for 2024

Background

The Snip-its Snapshot
• Making the haircut experience a wonderful adventure for kids, convenient for parents and rewarding for hairdressers!
• Targeting children under the age of 9
• The 1200 square foot salons are located in upscale lifestyle centers and feature a wide array of salon services, spa services, parties, and proprietary retail products for sale.
• Started business in 1995 and started franchising in 2003.
• 67 Locations in the United States, including 3 corporate salons.
• Heavy concentration in northeast, California and Texas

The Industry
• 40 million kids in the United States
• Each averages 10 haircuts per year
• 400 million kid cuts annually
• $5 billion in annual market potential with virtually no competition

Business Attributes
• Easy to run, fun business concept
• Multiple revenue streams
• Upscale, multi-unit opportunity
• Proven, established franchise model
• Personalized, responsive support
• Proprietary, web-based mgmt portal
• Integrated, localized marketing programs

Support Team
• 161 years of combined salon industry experience
• 152 years of combined franchise industry experience
• Everyone on Support Team has been with company more than 5 years
• Robust, integrated marketing programs - customized by owner and location
• Responsive, helpful operations team
• Over 300 online training modules, monthly webinars, annual in-market training
• Refined new salon opening process and support
• Ongoing, dedicated franchisee financial support and guidance

Community Connection
• Fundraising opportunities for children's causes
• A hair care resource for children with special needs (Autism, Asperger's, etc.)
• Entire grassroots marketing manual with ideas for low-cost, community specific awareness marketing (fairs, workshops, carnivals, etc.)

Company Details

BACKGROUND
Established: 1995
First Unit Franchised: 2003
Franchised Units: 43
Company Owned Units: 0
States Registered In:
CALIFORNIA ILLINOIS INDIANA MINNESOTA NEW YORK OREGON
RHODE ISLAND VIRGINIA WASHINGTON
Canada Franchises: No
International Franchises: No

Support and Training Offered By Snip-its

In-person training

The first step to launching your new business is attending our in-person training where we will cover every aspect of the business model. We will teach you how to implement our marketing plan, how to recruit and train stylists, how to deliver an exceptional experience for your customers, and much more!

Site selection and build-out

Choosing the perfect location is crucial to the success of your new business. This is why you won't do it alone. You will work with our team and your commercial real estate representative to find the ideal location for your new business. We will also help you through the process of build-out, ensuring that everything stays on track for your grand opening.

Marketing support

Marketing can be one of the most challenging aspects of owning a new business, but not with Snip-its. We make it easy for you to develop and implement a best-practice marketing strategy to get you ramped up quickly. We provide you with the plans, materials and knowledge to effectively engage with your community throughout the year.

Ongoing training for your stylists

Your hair stylists and barbers are the heart and soul of your business, and it's important that you retain your top talent. This is why Snip-its has developed ongoing training for your team to advance their salon careers and develop their skill sets.

Ongoing professional development

We want to help you become the entrepreneur you know you can be. This is why we provide you with ongoing training, coaching and mentoring to help guide you through the process of reaching your goals as an entrepreneur.

2024 Franchise Requirements Needed to Own a Snip-its Franchise.

What does a Snip-its Franchise Cost?

Snip-its franchise fees for 2024:

Cash Investment: $75,000-$100,000
Total Investment: $124,595-$220,375
Minimum Net Worth: $500,000
Franchise Fee: $35,000 single, $75,000 3pk, $100,000 5pk
Royalty: 6%
Ad: 2%
Average Number of Employees: 8-10
Item 19 Yes
SBA Approved Yes
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No

Special Discount Programs: Prefer to award multi-unit development agreements. Provide reduced per-salon franchise fee for multiple agreements.
Franchise Fee is $35,000 for single
Franchise Fee is $25,000 each for 3pk
Franchise Fee is $20,000 each for 5pk
Any agreement above 5pk is only $10,000 more

Is Snip-its a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Snip-its is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Snip-its a Home Based franchise?

No. Snip-its is not a home based franchise opportunity.

What Do Snip-its Franchise Owners Make?

Click here to find out how much Snip-its franchisees make. Snip-its offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Snip-its a Master Franchise Opportunity?

No. Snip-its is not a master franchise opportunity.

Does Snip-its Offer a Veteran Discount?

No. Snip-its franchise does not offer a veteran discount.

Does Snip-its Work with E2 Visa and EB-5 Visa Candidates?

Yes. Snip-its franchise does work with E2 Visa and EB-5 Visa candidates.

Is Snip-its Looking for Franchisees in Canada?

No. Snip-its franchise is not looking for Canada franchisees.

Is Snip-its Looking for International franchisees?

No. Snip-its franchise is not looking for International franchisees.

Where can I see Snip-its's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Child Related, Hair Care & Beauty Salons, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Snip-its Franchises for Sale

Click Here to inquire about existing Snip-its franchises for sale. We may have Snip-its franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.