Cookie Cutters Haircuts for Kids Franchise
To buy a franchise with Cookie Cutters Haircuts for Kids, you'll need to have at least $50000 in liquid capital and a minimum net worth of $250000. Cookie Cutters Haircuts for Kids charges a franchise fee of $40000.
Franchisor Details
Total Units: 95 open, 250 coming soon
Year Founded: 1994
Franchising Since: 1996
Home Office: Salt Lake City , Utah
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $50,000
Net Worth Required: $250,000
Total Investment: $132,000 – $339,000
Franchise Fee: $40,000
Royalty Type: 5% Plus 1% Ad Fund Fee
Vetern Discount: No
*Cookie Cutters Haircuts for Kids is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
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.
Industry Performance
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.
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.
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.
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.
Cookie Cutters Haircuts for Kids is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Cookie Cutters Haircuts for Kids is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.