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Snip-Its
Entertainment hair salon for children
Snip-Its
6409 City West Parkway
Eden Prairie, MN 55344
877-764-7487
Fast Facts
| Year established | 1995 |
| Franchising since | 2003 |
| Can be run from home? | No |
| Number of employees needed | 10 |
| Item 19 Financial Performance Representation? | No |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | |
| Absentee ownership allowed? | No |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 63 | 0 | 3 |
| 2010 | 59 | 0 | 1 |
| 2009 | 65 | 0 | 1 |
Expanding in These Locations
United States, Europe
Costs
| Total Investment | $127,775 - $273,731 |
| Franchise Fee | $25,000 |
| Royalty Fee | 5% - 6% |
Financial Requirements
| Net Worth | $250,000 |
| Liquid Capital | $50,000 |
Franchisee Qualifications
Ability to manage finances
Employee management skills
Ability to market business effectively
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
Financing Assistance
Franchisor works with several third-party lenders
Snip-Its
6409 City West Parkway
Eden Prairie, MN 55344
877-764-7487
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