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Snip N' Clip

Franchise

Snip N' Clip began in 1958, in Kansas as Ronnie's Fashion Full Service Beauty Salons. Noting the trends changing from intricate hair creations to simple, smart cuts for the family. Ron Mitchell, founder of Snip N? Clip, introduced his first family shops in early 1975. Snip N' Clip caught on swiftly and, to date, has enticed each year over one million men, women and children to sample a 'quick snip'. Male haircuts account for 55% of the business, women at 27% and children at 18%. The business is presently headquartered in Lenexa, Kansas and employs about 600 persons, including all of its shops. Ron believed in efficient and timely support for the stores and utilized company airplanes to this advantage. The company still has two planes that it uses to meet with existing and prospective franchisees, build and open stores and still be home in time for dinner.

Facts & Figures

Liquid capital required
$60,000
Net worth required
$100,000
Investment
$70,000 - $82,000
Franchise fee
$10,000
Units in operation
95

Overview

You'll need $60,000 in liquid capital to open a Snip N' Clip. Snip N' Clip expects new franchisees to have a net worth of at least $100,000. The low end of the total investment required to open a new franchise is $70,000. The most you would expect to invest in a Snip N' Clip location is $82,000. New franchisees can expect to pay a $10,000 franchise fee for the rights to open their own location. There are currently 95 Snip N' Clip units in operation.

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