FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
|Liquid Capital Required:||$50,000 - $75,000|
|Net Worth Required:||$250,000|
|Total Investment:||$132,000 - $339,000|
|Royalty Type:||5% Plus 1% Ad Fund Fee|
|Financing:||Via 3rd party|
|Incorporated Name:||COOKIE CUTTERS FRANCHISING INC|
|Total Units:||95 open, 250 coming soon|
|Home Office:||Salt Lake City , Utah|
About Cookie Cutters Haircuts for Kids
Cookie Cutters Haircuts for Kids has been in the children's hair salon business for over 25 years, having built one of the first children-only hair salons in the US. Refining the model over that time, Cookie Cutters Haircuts for Kids has developed a truly interactive experience for children through a unique store design, which includes an indoor playground, video games, parties, fantasy chairs, and more to keep children engaged and interested in the haircut experience so they'll want to come back again and again.
Values & History
The first Cookie Cutters Haircuts for Kids location opened in Indianapolis, IN back in 1994 after three years of preparation and its tremendous success led to the small, family-owned business offering franchised outlets since 1995. Growth was intentionally kept slow and determined, as the brand did not want to emphasize sales without concern for others in the system, so the business focused on providing quality and prioritizing family and relationships. As word spread, requests for locations across the US and Canada began to pour in, and the brand now operates over 100 locations across the US. Today the model has been fine-tuned to offer franchisees and operators the benefit of lower operational fees and costs to open while keeping the ongoing development focused strictly on children through limited birthday parties and child-friendly products.
With over 74 million children in the US, the market potential for children's hair salons is quite significant. Within the $46 billion a year hair care industry in the US, annual growth averaged 2.4% over the last five years. The child-only sector is suggested at around 10% of the market, nearly $4 billion total, and that figure is expected to continue rising over the next five years. The average net profit for this franchise exceeded 25% over the last year, and the brand has experienced a growth rate topping 500% over that time frame.
Purchasing a Cookie Cutters Haircuts for Kids Franchise
Those interested in a Cookie Cutters Haircuts for Kids franchise ownership will need a minimum net worth of $250k and access to at least $40k in liquid funds to be considered. Investors should expect the total initial investment to range between $90,000 and $150,000. Qualified candidates will have access to third-party financing options as well.
Ideal Candidate & Qualifications
The Cookie Cutters model caters specifically to children, so prospective franchise owners should have a strong interest in delivering quality of care to kids while maintaining a positive, engaging, and enriching atmosphere. Ideal candidates have a love for creativity and community engagement, working to build stronger bonds with members of the community to further grow their business while offering a truly unique haircut experience that both parents and their children can enjoy and appreciate.
Training & Support
Training is provided for franchise ownership under the Cookie Cutters brand, with assistance on build-out, signage, grand opening, advertising, and all necessary equipment. Access to a company-wide proprietary POS and software system is granted to all owners, as well as ongoing support through a range of additional support options and services.