SNIP-ITS SALON

Item 7 lays out the financial entry: total investment ranges $200,470 to $360,825, including a $35,000 franchise fee. Ongoing fees from Item 6 include 6% royalty (discounted to 5% in year one), 2% brand fund (1.5% initially), plus $165-$250 monthly POS software. Item 19 discloses average gross revenue of $270,978 across units, a solid figure for personal care services that suggests potential after fees—though no net profit data means estimating take-home requires digging into expenses like labor and rent in kid-centric retail spaces. With average SBA loans at $165,918 across 11 approvals, financing seems accessible but reflects mid-range commitments.

System health metrics paint a maturing but challenged picture: 42 locations in 2023 dropped to 40 in 2024 (-5% growth), with just 1 projected new unit, 1 non-renewal, and 3 transfers. Franchising over 20 years without explosive expansion signals steady but not sizzling demand in a competitive kids' services market. For investors eyeing personal care, the revenue transparency is a plus, but contraction and low growth warrant scrutinizing local demographics and competition before committing—strong averages don't guarantee every unit thrives.