Franchise Process - Scissors & Scotch

Process Makes Perfect

Our franchise process is like making an old fashioned. It’s pretty easy, but there are steps you should follow for the best possible results.

To put it in perspective, you could be a Scissors & Scotch franchisee in a shorter time than it would take to watch Game of Thrones from start to finish. Here are your to-do’s.

1

Check Your Qualifications

Must have hair. Just kidding. There are a few prerequisites, though.

The Must-Haves

  • Net Worth, liquid capital
  • Excellent Credit
  • No bankruptcy
  • Clean criminal history
  • 5+ years of management experience
  • Can obtain and maintain all necessary licenses, U.S. citizenship or permanent residence
  • Be old enough to rent a car, and must know this without having to Google it (25)

The Nice-to-Haves

  • Franchise experience
  • Business ownership experience

Financial Requirements

  • The franchise fee is $50k for a single location ($40k for your second and $20k for each additional location, if you sign a multi-unit agreement)
  • The total investment for a standard Scissors & Scotch location is between $581,300 to $798,250
Multi-unit
operators
Qualifications graphic update
$300k
liquid capital
&
$1M
net worth
Type Of Expenditure Estimated Amount Method Of Payment When Payment Is Due To Whom Payment Is Made
Initial Franchise Fee $50,000 (Single Barbershop)
$20,000 to $50,000 (Multi-Unit)
Lump Sum When you sign the franchise agreement S&S
Initial Training Expenses $250 to $2,000, per trainee (up to 2 total) As Incurred Prior to opening Third Parties
Initial Grooming Training Fee $3,000 to $6,000 As Incurred Prior to opening S&S
Architect and Permitting Fee $15,000 to $17,000 As Incurred Prior to opening Approved Supplier
Custom Package Items (FF&E) $125,000 to $145,000 As Incurred Prior to opening Affiliate
Leasehold Improvements (net tenant improvement allowance) $300,000 to $390,000/td> As Incurred Prior to opening Contractors
Signage $9,000 to $12,000 Lump Sum Prior to opening Supplier
Other Furniture $3,000 to $5,000 As incurred Prior to opening Supplier
POS Hardware and Software $5,000 to $6,000 As incurred Prior to opening Approved Supplier
Initial Inventory and Supplies $21,000 to $31,000 As incurred Prior to opening Approved Suppliers, Third Parties
Lease and Utility Deposits $4,750 to $11,750 Lump Sum Prior to opening Approved Supplier
Business Permits and Licenses $1,500 to $12,000 As incurred Prior to opening Local and state agencies
Low Voltage (Phones, Music, Cable, Security) $4,500 to $9,000 As incurred Prior to opening Approved Suppliers, Third Parties
Professional Fees $4,000 to $8,000 As incurred Prior to opening Third Parties
Print Materials $2,500 to $4,000 Lump Sum Prior to opening Approved Supplier
Insurance $800 to $1,500 Lump Sum Prior to opening Approved Supplier
New Staff Expenses $12,000 to $18,000 As incurred Prior to opening Employees and Suppliers
Pre-Opening Advertising $10,000 to $20,000 As incurred Prior to opening Affiliate
Three Months Additional Funds $40,000 to $50,000 As incurred As needed N/A
Total Investment (Single Barbershop) $581,300 to $798,250 (Single Barbershop)
2

Submit Your Application

Do you have about 10 minutes? We thought so. Go ahead and fill out our application. Just click that little red button in the upper right hand corner.

3

Chill for a sec

We’ll review your application, and if it’s one that catches our eye, then we’ll move on to reviewing your personal finances, resume and related experience, perform a background and credit check, and send you a franchise packet (FDD, FA, etc.) for your review.

4

Get to know each other

We’ll start with a few phone calls – make introductions; discuss legal, financial and operational structures; talk through the FDD; and answer any initial questions. Then we’ll invite you to come see a shop in action. It’s important for you (and us) to spend some time with the expansion team and have an in-person interview. Being catfished is a thing these days, you know.

5

Accept our offer

Congrats, we like you! Now you’ll sign a Franchise or Area Development Agreement and pay related fees.

6

Start Rollin'

Select your site (stake your claim). Negotiate your lease (because business is business). Come to corporate training (don’t be late). Work with us on construction (no, you can’t use the wrecking ball). Plan your grand opening (pop the bubbly). So many verbs (so little time).

7

Kick ass and take names

Your future with Scissors & Scotch starts with a grand opening, and only goes up from there. This is the final step in the new franchisee process, but just the beginning of a thriving partnership. We’ll work together to build up your business and make sure your investment flourishes.