08 Sep, 2017

Hair Cuttery Franchise

Hair Cuttery salon was launched in 1974 in Virginia. It was founded with the sole intention of meeting the demand by individuals for impressive haircuts at low cost and with no fuss unlike many salons. This establishment has undergone tremendous growth in terms of both sales volume as well as the expansion of its network. Testament to its success is its expansive network of Hair Cuttery franchise units all over the United States and the United Kingdom. There are close to 1000 Units in these two countries providing over sixteen million services to their clients per year.

One thing that you would appreciate about the Hair Cuttery Franchise is the wide range of services that you will be offering. These include comprehensive services pertaining to hair and beauty, conditioning treatments, permanent weaves, coloring, styling and straightening, as well as waxing. In addition, there is a wide range of professional products for hair care that you will be selling in the salon. This therefore gives you an opportunity to reap quite an amount from the investment.

Hair Cuttery attributes its success to the strong relationship maintained with the stylist community. It has incorporated the highest retention levels as far as the hair care and beauty industry is concerned. This is actually testament to the advanced training as well as effort placed in establishing long-term relationships.

Unlike other salons, investing in Hair Cuttery Franchise is quite affordable. The total investment ranges from $120,500 to $283,000 while the initial franchise fees ranges from $15,000 to $25,000. This is for a ten-year agreement, which may be renewed with payment of 25% of the franchise fee. Royalty fee ranges from 4.5% to 5% of the sales, the lowest you would find in the industry.

Apart from the low cost of investment, you will appreciate the fact that the establishment requires a low number of employees. On average, you would require to employ 10 stylists. Couple this with the generous compensation structure (commission based) for the stylists and you have a complete recipe for success in the business. The compensation structure allows for a very high rate of retention.

Hair Cuttery does everything to enable its franchisees to succeed in the business. in this case, it will offer its assistance in the selection of the site as well as the interior Décor and layout. It also supports you in negotiating the lease in order to ensure that you get the best terms. Comprehensive training on the financial, operational as well as the management aspects of the business is offered in order to quip you with the necessary skills for running the business.

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