Scissors & Scotch
Wellness & Personal Care · Beauty Salons & Barber Shops
- Active units
- 20
- Royalty
- 6.5%
Franchised, year-end 2022
of weekly Net Sales
About Scissors & Scotch
Scissors & Scotch is the ultimate grooming experience that every man deserves. Combining traditional barbering with modern spa services, it's the best damn part of your day. Sit back, relax, and enjoy grooming services while sipping on a cocktail, coffee, or cold one in our private lounge. Located in Reston, VA, Scissors & Scotch offers a friendly and talented team, an impressive range of grooming services, and a fully-stocked bar. Whether you're in need of a haircut, shave, or spa treatment, we've got you covered. We also offer gift cards if you're looking for a good-looking gift. With over 4,000+ Google reviews and an average rating of 4.9/5, our customers love us. And while you don't need a membership to enjoy our services, our exclusive packages come with special discounts, guest passes, and member-only events. Book your appointment now and experience what you've been missing at Scissors & Scotch.
Key terms
- Franchise fee
$50k
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Footprint
1,800 – 2,200 sq ft
- Area Development Agreement
$110k
- Veteran discount
5000.0% off franchise fee — $5,000 discount on all franchises
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2022 filing).
Growth
- Total locations20
Franchised units open at year-end
- New openings7
Gross new units opened during the calendar year
- 1-year unit growth rate53.8%
Net unit growth versus prior year
- 3-year unit CAGR49.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio7.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$690k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open9 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.5%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.