Cookie Cutters, Hair Cuts for Kids Franchise
Cookie Cutters Hair Cuts for Kids is a franchise for haircutters for kids. It was founded in 1994 and started franchising in 1996.
It took the founders three years before they were able to open their first location in Indianapolis, Indiana. The first franchises were mainly in the Midwest but as it had more success, they started spreading all over the country. They now have 33 locations in different states and another three locations that are still company owned. It is a family owned business and they did not want to have a big marketing company doing their sales. They managed to grow as a family and opened locations near other stores. They were one of the firsts in the country to have a haircutter business focused on kids.
What makes Cookie Cutter Hair Cuts for Kids a good business to franchise?
There have been a growing number of children in the country, 40 million and counting. The industry on hair has estimated earnings of $35 billion a year and 10% of this is for children. That makes it approximately $4 billion a year. They create an interactive experience especially for kids. They have a playground and video games in the store that makes them different from other children haircutting salons. They also have fantasy chairs that were designed specifically for them and cannot be seen anywhere else. The interior is designed for children to want to go back to the haircutter again and again.
Costs and Requirements Associated with Running a Cookie Cutters Hair Cuts for Kids:
You need to have a net worth of $250,000 and a total liquid asset of at least $50,000. Expect to be investing about $102,000 to $230,000. The Cookie Cutter Hair Cuts for Kids Franchise fee is $25,000 with an on-going royalty fee of 5%. They don’t have financial assistance but they have vendors who can offer you lease packages if you qualify. They don’t allow absentee ownership but they allow multi-unit ownership.
What is included in the franchise package?
There will be five days training at the Cookie Cutter Hair Cuts for Kids headquarters. The training is for the owners, managers and other employees. It includes topics on how to operate the location and the use of the software package. You will still be provided with an operations manual. There would also be on-going training in your location after the opening. This training is for the stylists and other administration staff. If this training is still not enough, they have a support system that you can access around the clock. Cookie Cutters have their own software designed for them and this will also be provided to you. The software package includes the Cookie Cutters Point of Sale Computer which collects data such as last visits, birthdays, and other reports to help you in sales and marketing of the salon. Also included in the software package is the Cookie Cutters Enterprise System for the payroll and other customer data. This can be accessed anywhere that has internet connection as well as your own email address. For marketing, all marketing materials can be accessed on the web and can be customized for your location. This also includes television and radio ads and is updated constantly.
Cookie Cutters, Hair Cuts for Kids Contact Details
You may reach them at:
Address: 212 W. 10 St., #F-185 Indianapolis, Indiana 46202