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 investment for a single Snip-its franchise ranges from $200,455 – $356,900, which makes Snip-its an attractive opportunity in the $5 billion children’s hair salon franchise category. The costs include everything from build-out, initial marketing campaigns, grand opening expenses, inventory (and other expenses), 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 can provide resources outlining the types of franchise funding available so you can make an informed decision. To learn more about financing options, please fill out the inquiry form here to start a conversation.

Want a deeper dive into our initial costs & fees?

For a comprehensive overview of the costs & fees associated with ownership of a Snip-its franchise, please view item 7 from our 2024 franchise disclosure document below:

Type Of ExpenditureAmount Method of PaymentWhen DueTo Whom Payment is to be paid
LowHigh
Initial Franchise Fee
$35,000 $35,000Lump SumUpon signing Franchise AgreementUs
Security Deposit and
Rent
$7,500$20,000As IncurredAs IncurredThird Parties
Staff Recruiting
$500 $3,500As IncurredDuring TrainingThird Parties
Initial Training
$1,000 $3,000As IncurredAs IncurredThird Parties
Staff Wages During Training$2,500 $3,000As IncurredAs IncurredYour employees
Optional Construction Project Management$0$27,500As IncurredAs IncurredContractors or our preferred approved contractor
Base Construction and
Leasehold
Improvements
$47,975$100,775As IncurredAs IncurredContractors
Millwork
$35,200$48,600As IncurredHalf upon order and the remainder upon shippingApproved millwork suppliers
“Snipification” of
Salon
$20,700$23,100As IncurredAs IncurredApproved suppliers
Computer
Hardware/POS
System
$2,600$4,000Lump SumAs IncurredSuppliers
POS Software System
Fee
$150 $225As IncurredAs IncurredUs, parent, or any affiliate
Exterior Signage
$4,300 $6,450Lump SumAt the time the order is placedSuppliers
Furniture, Fixtures,
Equipment & Decor
$8,300 $10,000Lump SumAs IncurredSuppliers
Audio visual
equipment
$2,000$2,400InstallmentsAs IncurredSuppliers
Proprietary
Products
$1,830 $3,225Lump SumUpon DeliveryUs, parent, or any affiliate
Other Initial Inventory
& Salon Supplies
$3,550$7,525As IncurredAs IncurredUs, suppliers, or carriers
Shipping$4,900
$14,000
As IncurredAs IncurredSuppliers or carriers
Insurance
$1,500
$2,500As IncurredAs IncurredInsurance carrier(s)
Professional Fees
$500

$6,500As IncurredAs IncurredAttorneys, accountants, and other professionals
Grand Opening
Program
$15,000
$15,000
As IncurredAs IncurredAdvertising suppliers
Additional Funds (3
Months)
$5,450

$20,600As IncurredAs IncurredSuppliers, employees, and other creditors
TOTAL ESTIMATED INITIAL INVESTMENT$200,445$356,900
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 to range between $571,365 and $1,040,700.
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 $927,275 and $1,709,500.
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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