How Much Does it Cost?

Snip-its is one of the most affordable franchise opportunities in the booming $5 billion children’s hair salon industry

Going into business for yourself doesn’t have to break the bank. If you’re looking for a recession-resistant, affordable franchise investment opportunity that offers scalability and profit-potential – without any of the sticker shock – look no further than Snip-its.

Snip-its is committed to helping as many entrepreneurs as possible realize their dreams of business ownership. We’ve worked to keep our costs of ownership low, by removing as many barriers to entry as possible.

The total cost to invest in a Snip-its franchise ranges from $128,975 – $239,375, which makes Snip-its one of the most affordable opportunities in the $5 billion children’s hair salon franchise category. The costs include everything from build-out, initial marketing campaigns, grand opening expenses, inventory, as well as working capital to get your business started on the right track.

“Investing in a Snip-its franchise is an attractive choice, because the model is incredibly straightforward,” says Jason Bakker, CEO of Snip-its. “From an operational standpoint, there can be low overhead. Our straightforward business model means you can master this business very quickly. Because your costs will be relatively fixed every month, scaling up to multi-unit ownership becomes much more feasible. This is by design. We want our franchise owners to reap the benefits of being a business owner, and we’ve built a business that is quick to scale.”

Do you offer financing?

Snip-its does not offer direct access to financing, however, we do have relationships with third-party lenders who can help you secure the financing needed to launch your business. To learn more about financing options, please fill out the inquiry form here to start a conversation.

Want a deeper dive into our costs & fees?

For a comprehensive overview of the costs & fees associated with ownership of a Snip-its franchise, please view item 7 from our most recent franchise disclosure document below:

Type Of ExpenditureAmount Method of PaymentWhen DueTo Whom Payment is to be paid
Initial Franchise Fee
$35,000 Lump SumUpon signing Franchise AgreementUs
Security Deposit and
Rent
$5,000 - $20,000As IncurredAs IncurredThird Parties
Staff Recruiting
$500 - $2,000As IncurredDuring TrainingThird Parties
Initial Training
$1,000 - $3,000As IncurredAs IncurredThird Parties
Staff Training
$0 - $1,300As IncurredAs IncurredThird Parties
Architectural Fees and
Permit
$5,000 - $9,000As IncurredAs IncurredApproved Contractors
Base Construction and
Leasehold
Improvements
$42,000 - $88,000As IncurredAs IncurredContractors
Millwork
$18,000 - $26,000As IncurredHalf upon order and the remainder upon shippingApproved millwork suppliers
“Snipification” of
Salon
$13,250 - $15,500As IncurredAs IncurredApproved suppliers
Computer
Hardware/POS
System
$2,850 - $4,000Lump SumAs IncurredSuppliers
POS Software System
Fee
$400 - $600As IncurredMonthlyUs, parent, or any affiliate
Exterior Signage
$4,000 - $6,000Lump SumAt the time the order is placedSuppliers
Furniture, Fixtures,
Equipment & Decor
$5,400 - $6,000Lump SumAs IncurredSuppliers
Audio visual
equipment
$3,800 - $4,200InstallmentsAs IncurredSuppliers
Proprietary
Products
$1,700 - $3,000Lump SumUpon DeliveryUs, parent, or any affiliate
Other Initial Inventory
& Salon Supplies
$3,300 - $6,250As IncurredAs IncurredUs, suppliers, or carriers
Shipping$4,900 - $7,850
As IncurredAs IncurredSuppliers or carriers
Insurance
$1,500 - $2,500

As IncurredAs IncurredInsurance carrier(s)
Professional Fees
$500 - $6,500

As IncurredAs IncurredAttorneys, accountants, and other professionals
Grand Opening
Program
$15,000
As IncurredAs IncurredAdvertising suppliers
Additional Funds (3
Months)
$5,000 - $20,000

As IncurredAs IncurredSuppliers, employees, and other creditors
TOTAL ESTIMATED INITIAL INVESTMENT$168,100 - $281,700
Multi-3 FranchiseIf you purchase a Multi-3 franchise, you will incur all of the costs listed above for each
Snip-its Salon Business you open, except that the Initial Franchise Fee will total $75,000 and allow you to open up to three Snip-its Salon Businesses. If you were to open three Snip-its Salon Businesses, using the same estimated initial expenses above, we estimate this total cost ranges between $474,300 and $815,100.
Multi-5 FranchiseIf you purchase a Multi-5 franchise, you will incur all of the costs listed above for each Snip-its Salon Business you open, except that the Initial Franchise Fee will total $100,000 and allow you to open up to five Snip-its Salon Businesses. If you were to open five Snip-its Salon Businesses, using the same estimated initial expenses above, we estimate this total cost to range between $765,500 and $1,333,500.
Multi-5 Plus FranchiseIf you purchase a Multi-5 Plus franchise, you will incur all of the costs listed above for
each Snip-its Salon Business you open except that the Initial Franchise Fee will total
$100,000 plus an additional $10,000 per each Snip-its Salon Business beyond the first
five.

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