Start a Cookie Cutters Haircuts for Kids Franchise in 2024

2024 Franchise 500 Rank: #301 Ranked #241 last year

Initial investment: $117K - $400K

Units as of 2023: 114 3.6% over 3 years

With over 20 years of experience, Cookie Cutters Haircuts for Kids is one the leading children’s hair care franchises in the United States. It is also one of the earliest family-owned franchises in the country, entering the franchising world just two years after it was founded in 1994.

Cookie Cutters Haircuts for Kids has unique store designs made specifically for their target customers—kids. The franchise store design includes an indoor playground and televisions mounted at each hair station where children can play video games or watch shows.

Cookie Cutters Haircuts for Kids strives to be the only children's haircut brand in the country where your kids get a balloon, sucker, and a smile at the end of each haircut. Over time, the franchise has spread across the United States and Canada, with franchises in over 100 locations.

Why You May Want to Open a Cookie Cutters Haircuts for Kids Franchise

In 2018, Cookie Cutters Haircuts for Kids became one of the fastest-growing children’s salon franchises in the U.S., as its operations spread to over 20 states across the country. Investors recognize this brand as a quality company in a niche market. It has taken advantage of the child-only niche to provide a basic need for children given in an engaging environment.

The ideal candidate for a Cookie Cutters Haircuts for Kids franchise has a passion for helping children since it focuses on kids and their welfare. You should be interested in delivering quality care to kids while maintaining a positive, engaging, and enriching environment. Your goal will be to create a comfortable space for children and parents.

What Might Make a Cookie Cutters Haircuts for Kids Franchise a Good Choice?

To be part of the Cookie Cutters Haircuts for Kids team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

With extra investments, you can operate in more than one location. The brand also has arrangements for franchisees to add three or more locations simply because it is an ever-growing industry with a rapidly expanding customer base.

The Cookie Cutters Haircuts for Kids franchise also provides training and third-party financing for store space, brand ownership, grand opening, signage, advertising, and equipment for new franchises under its brand.

How Do You Open a Cookie Cutters Haircuts for Kids Franchise?

You can open this franchise in four simple steps. First, fill out an application for a franchise. A representative may contact you using the information from your application. This representative will guide you on what they offer and what you stand to benefit as a franchisee.

Afterward, the franchise representative may invite you to visit the franchise headquarters in Salt Lake City, Utah and meet with the franchise managers. If you’re satisfied with what they offer and both parties wish to do business with each other, you can pay the necessary fees and start to plan for your grand opening of the newest Cookie Cutters Haircuts for Kids franchise.

Company Overview

About Cookie Cutters Haircuts for Kids

Industry	Personal-Care Businesses
Related Categories	Children's Hair Care, Miscellaneous Children's Businesses, Hair Care, Salon & Spa Services
Founded	1994
Parent Company	Cookie Cutters Franchising Inc.
Leadership	Neal Courtney, CEO
Corporate Address	2365 Maywood Dr. Salt Lake City, UT 84109
Social	Facebook, Twitter, Instagram

Business Overview

Franchising Since	1996 (28 years)
# of employees at HQ	8
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Asia, Middle East, Europe (Eastern), Canada
# of Units	114 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Cookie Cutters Haircuts for Kids franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$40,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$117,000 - $400,000
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$250,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$1,500 off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Cookie Cutters Haircuts for Kids has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	28 hours
Classroom Training	12 hours
Ongoing Support	Meetings & Conventions Toll-Free Line Grand Opening Security & Safety Procedures Lease Negotiation Field Operations Site Selection
Marketing Support	Co-op Advertising Ad Templates Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	4
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No