SNIP-ITS SALON
Snip-its Salon franchises operate full-service hair care salons for children, offering haircuts, spa services, and branded entertainment including proprietary animated characters, music, and kid-friendly hair care products like tear-free shampoos and conditioners. The business model involves franchising single-unit or multi-unit (Multi-3, Multi-5, Multi-5 Plus) salons using a proprietary system with specific designs, procedures, and marks. The target market is the general public, primarily parents seeking specialized, entertaining hair care for children in a competitive retail environment.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty (5% first year) + 2% marketing fund (1.5% first year) + $165-$250/mo POS software fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Data for Gross Sales (Table 1) is based on 40 franchised Snip-its Salon Businesses (Systemwide Reporting Group) for 2024. Data for EBITDA (Table 2) is based on a subset of 29 franchised Snip-its Salon Businesses (Primary Reporting Group) for 2024.
* Calculated weighted average gross revenue for 40 franchisees (Systemwide Reporting Group): (10 units × $397,258 + 10 units × $285,605 + 10 units × $231,305 + 10 units × $169,744) / 40 total units = $270,978. Calculated weighted average EBITDA for 29 franchisees (Primary Reporting Group): (7 units × $98,150 + 7 units × $51,455 + 7 units × $29,111 + 8 units × -$1,748) / 29 total units = $42,656.14. Median gross revenue is not provided as a single overall figure for the entire sample. EBITDA margin could not be accurately calculated as a percentage of gross revenue due to different sample groups (40 vs 29 franchisees) for these metrics without specific gross revenue data for the 29-franchisee subset. No specific net income, net profit, or expense ranges were provided to estimate profit ranges.
Extracted Item 19 Section
How SNIP-ITS SALON Compares to Other Personal Care Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
SNIP-ITS SALON Current | $200K - $361K | $35K | 6.0% | 40 |
| COST CUTTERS | $184K - $336K | $40K | 5.0% | 911 |
| COMFORT KEEPERS | $120K - $191K | $55K | 5.0% | 619 |
| PALM BEACH TAN | $639K - $1.0M | $30K | 6.0% | 398 |
| HOUSE OF COLOUR | $33K - $52K | $30K | 4.0% | 312 |
| DRYBAR | $410K - $1.0M | $50K | 7.0% | 176 |
Personal Care Services Average 20 franchises | $416K - $816K | $43K | 5.9% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 20 Personal Care Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for SNIP-ITS SALON franchisees (2010 - 2019)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
Unlock Franchisee Contact Database
40 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
Upgrade to Pro$199/year · Cancel anytime
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a SNIP-ITS SALON franchise?
The total initial investment to open a SNIP-ITS SALON franchise ranges from $200,470 to $360,825. This includes a franchise fee of $35,000. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a SNIP-ITS SALON franchise make?
According to the 2025 FDD, the average gross revenue for a SNIP-ITS SALON franchise is $270,978.
How many SNIP-ITS SALON franchise locations are there?
As of the 2025 FDD, SNIP-ITS SALON has 40 franchise locations. The company has been franchising since 2003.
Can you get an SBA loan for a SNIP-ITS SALON franchise?
Yes, SBA loans are available for SNIP-ITS SALON franchises. Historical data shows 11 SBA 7(a) loans have been approved for SNIP-ITS SALON franchisees, with an average loan amount of $165,918. The historical default rate is 0.0%.
Is SNIP-ITS SALON a good franchise to buy?
SNIP-ITS SALON shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in SNIP-ITS SALON?
Talk to a franchise advisor to get personalized guidance and learn if SNIP-ITS SALON is the right fit for you.
Talk to an Advisor