The Snip-its Corporation operates and franchises a chain of children's hair salons. It offers hairstyles, spa treatments, and party styles for boys and girls, as well as baby's first haircut services. The company was founded in 1995 and is based in Eden Prairie, Minnesota.
As of 2018, Snip-its owns and operates 62 franchises in the United States.
Snip-Its has the franchise fee of up to $35,000, with total initial investment range of $144,770 - $249,000.
Financial Requirements for Snip-Its
Initial investments: $144,770 - $249,000
Net-worth Requirement: $500,000
Liquid Cash Requirement: $100,000
Initial Franchise Fee: $20,000 - $35,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 2%
On-The-Job Training: 80 hours
Classroom Training: 34 hour
Number of Employees Required to Run: 6 - 10
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Snip-Its website: https://www.snipits.com
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