Snip-its franchise
2025 filing · May 5, 2025Fewer locationsShares sales figures
Snip-its at a glance
A children's hair salon offering kids' haircuts in a playful setting, plus birthday parties. At the end of 2024 there were 40 Snip-its locations in the US, all franchised.
The business
- Franchisor
- The Snip-its Franchise Company, LLC
- The company that sells the franchises
- Franchisor based in
- Burnsville, Minnesota
- Typical size
- 900–1,200 sq ft
What you pay
- Cost to open
- $200K–$361K
- Single salon
- Franchise fee
- $35,000
- Single franchise; packages of three or five salons cost $75,000 and $100,000.
- Royalty
- 5–6%
- 5% of gross sales in the first year, then 6%, paid each accounting period
- Brand fund
- Yes
- 1.5% of gross sales in the first year, then 2%
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 40
- Franchised and company-owned
- Franchised
- 40
- Company-owned
- 0
- Change in 3 years
- −6
- Franchised locations, 2022–2024
- States
- 15
- Most in Texas, Massachusetts and Arizona
Support and records
- Initial training
- 2 programs
- Owner and salon manager training: 20 hours in class; Staff training: 21 hours on the job
- Lawsuits disclosed
- None
- Bankruptcy disclosed
- None
- Latest filing
- May 5, 2025
- 2025 filing
From The Snip-its Franchise Company, LLC’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Snip-its among all franchises with the same figure.
| Figure | Snip-its | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $280,648 | Costs less than 59% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| US locationsFranchised and company-owned | 40 | More than 61% of franchises |
| Sales per locationYearly, as the brand reports it | $270,978 | Lower than 91% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.0× | Lower than 79% of brands that share sales figures |
How much a Snip-its franchise costs
Opening single salon costs an estimated $200,470 to $360,825. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are base construction and leasehold improvements ($47,975 to $100,775) and millwork ($35,200 to $52,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | ||
| Security Deposit and Rent | $7,500 | $20,000 | |
| Staff Recruiting | $500 | $3,500 | |
| Initial Training | $1,000 | $3,000 | |
| Staff Wages During Training | $2,500 | $3,000 | |
| Construction Project Management | $0 | $27,500 | |
| Base Construction and Leasehold Improvements | $47,975 | $100,775 | |
| Millwork | $35,200 | $52,000 | |
| “Snipification” of Salon | $20,700 | $23,100 | |
| Computer Hardware/POS System | $2,600 | $4,000 | |
| POS Software System Fee | $165 | $250 | |
| Exterior Signage | $4,300 | $6,450 | |
| Furniture, Fixtures, Equipment and Decor | $8,300 | $10,000 | |
| Audio visual equipment | $2,000 | $2,900 | |
| Proprietary Products | $1,830 | $3,225 | |
| Other Initial Inventory and Salon Supplies | $3,550 | $7,525 | |
| Shipping | $4,900 | $14,000 | |
| Insurance | $1,500 | $2,500 | |
| Professional Fees | $500 | $6,500 | |
| Grand Opening Program | $15,000 | ||
| Additional Funds (3 Months) | $5,450 | $20,600 | |
| Total | $200,470 | $360,825 | |
Source: The Snip-its Franchise Company, LLC, 2025 filing, page 20
Snip-its franchise fee
The franchise fee is $35,000, Single franchise; packages of three or five salons cost $75,000 and $100,000.. You pay it when you sign the franchise agreement.
Source: The Snip-its Franchise Company, LLC, 2025 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross sales in the first year, then 6%, paid each accounting period. |
|---|---|
| Brand or marketing fund | 1.5% of gross sales in the first year, then 2%. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: The Snip-its Franchise Company, LLC, 2025 filing, page 13
Sales and earnings
Shares figures Snip-its publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $270,978
Yearly figures for 2024, covering franchised salons, 2024 (40 locations). The filing gives an average for each quartile rather than one overall figure; this is the overall average worked out from those and each one's number of locations. The average is about 1 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: The Snip-its Franchise Company, LLC, 2025 filing, pages 45–46
SBA loans to Snip-its franchisees
Lenders approved 20 SBA 7(a) loans for Snip-its franchisees from 2005 to 2018, $3.42M in all. Of the 19 that have ended, 14 were paid in full and 5 were charged off. The other one hasn’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2024 / 2022–2024. Typical means the median: half of brands are above it, half below.
| Measure | Snip-its | Typical salon brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −4.8% / −13% | +4.6% / +15% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 7.1% / 15% | 2.7% / 7.2% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical salon brand is the median of the 42 brands in salon franchises with three years of counts.
How Snip-its compares
Of the 101 salon franchises on this site, Snip-its is the 29th cheapest to open and the 40th largest by number of locations.
| Figure | Snip-its | Typical salon brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $200K | $303K | $222K |
| Cost to open, high end | $361K | $531K | $477K |
| Franchise fee | $35K | $45K | $40K |
| Sales per location | $271K | $487K | $794K |
| US locations | 40 | 26 | 21 |
| Shares earnings figures | Yes | 75 of 101 | 2,147 of 3,352 |
Typical is the median across the 101 brands in salon franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 46 (−3) | 1 | – | – |
| 2022 | 43 (−3) | 0 | 0 | −3 |
| 2023 | 42 (−1) | 0 | 0 | −1 |
| 2024 | 40 (−2) | 0 | +1 | −3 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Over 4 years, from the start of 2021 to the end of 2024, franchised locations went from 49 to 40 (−9, −18%). The earlier years come from the brand's 2024 filing.
Source: The Snip-its Franchise Company, LLC, 2025 filing, page 48
2021: The Snip-its Franchise Company, LLC, 2024 filing, page 51
Where Snip-its locations are
At the end of 2024, Snip-its had franchised locations in 15 states. The most are in Texas, Massachusetts and Arizona.
- Texas10
- Massachusetts6
- Arizona3
- South Carolina3
- California2
- Nevada2
| State | Franchised |
|---|---|
| Texas | 10 |
| Massachusetts | 6 |
| Arizona | 3 |
| South Carolina | 3 |
| California | 2 |
| Nevada | 2 |
| New York | 2 |
| North Carolina | 2 |
| Ohio | 2 |
| Oklahoma | 2 |
All 15 states
| Washington | 2 |
|---|---|
| Connecticut | 1 |
| Maryland | 1 |
| New Jersey | 1 |
| Rhode Island | 1 |
Source: The Snip-its Franchise Company, LLC, 2025 filing, page 49
Who owns Snip-its?
Snip-its franchises are sold by The Snip-its Franchise Company, LLC.
From The Snip-its Franchise Company, LLC’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: The Snip-its Franchise Company, LLC, 2025 filing, litigation on page 10, bankruptcy on page 11
Snip-its filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from The Snip-its Franchise Company, LLC’s 2025 filing, issued May 5, 2025; the earlier ones below are on record with the Minnesota Department of Commerce and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | May 5, 2025 | Minnesota | Costs, fees and locations, 2022–2024 |
| 2024 filing | – | Minnesota | Locations, 2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other salon franchises
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