Snip-its
Wellness & Personal Care · Beauty Salons & Barber Shops
- Active units
- 40
- Royalty
- 5.0%
Franchised, year-end 2024
of weekly Net Sales
About Snip-its
Snip-its is the go-to brand for the latest hair trends for boys and girls. Offering a wide range of services, Snip-its is dedicated to providing the coolest and most stylish cuts for children. From their first haircut to inspiration for different hairstyles, Snip-its ensures a fun and memorable experience for every child. The brand also offers additional services such as lice prevention, ear piercing, and spa services. With their commitment to autism support and their Kid-Friendly stylists, Snip-its creates a welcoming environment for all children. In addition to their exceptional services, Snip-its provides a range of products and gift cards for purchase. Whether you're looking for a trendy haircut or planning a party, Snip-its has everything you need for a fantastic experience. Book an appointment at one of their locations and join the Snip-its family today!.
Key terms
- Franchise fee
$35k
- Multi-3 franchise pricing
Up to 3 units for $75,000 total Initial Franchise Fee
- Multi-5 franchise pricing
Up to 5 units for $100,000 total Initial Franchise Fee
- Multi-5 Plus franchise pricing
$100,000 plus $10,000 per additional unit above five
- Brand fund
1.5% of Net Sales
- Local advertising
1875.0% of Net Sales
- Footprint
900 – 1,200 sq ft
- Veteran discount
3500.0% off franchise fee — One-time $3,500 discount on the Initial Franchise Fee for honorably discharged veterans
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations40
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate-4.8%
Net unit growth versus prior year
- 3-year unit CAGR-3.6%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)$212k
Gross Sales means total revenues from all merchandise, products, and services to customers, whether received in cash, in kind, barter, or on credit, including…
- Annual unit volume (75th percentile)$316k
Gross Sales means total revenues from all merchandise, products, and services to customers, whether received in cash, in kind, barter, or on credit, including…
- 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$281k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open8 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
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.