Source: Franopolis

Snip-its

Sources2025 FDD Research

Startup Investment$200,470 to $360,825Source Research · Item 7

FDD Edition2025Sources

What It Costs

Sources

Disclosed Startup Investment$200,470 to $360,825

Your location, business format and operating plan can change the total.

Where Your Startup Money Goes

Cost	Disclosed Amount	Source
Staff Recruiting — $500	$500 to $3,500	2025 FDD · PDF Page 20 Staff Recruiting $500 $3,500 As incurred During training Third parties
Exterior Signage — $4300	$4,300 to $6,450	2025 FDD · PDF Page 20 Exterior Signage (10) $4,300 $6,450 Lump sum At time order is placed Suppliers
Base Construction — $47975	$47,975 to $100,775	2025 FDD · PDF Page 20 Base Construction and Leasehold I mprovements (6) $47,975 $100,775 As incurred As incurred Contractors
Audio visual equipment — $2000	$2,000 to $2,900	2025 FDD · PDF Page 20 Audio visual equipment (12) $2,000 $2,900 Installments As incurred Suppliers
Computer Hardware/POS System — $2600	$2,600 to $4,000	2025 FDD · PDF Page 20 Computer Hardware/POS System (9) $2,600 $4,000 Lump sum As incurred Suppliers
Other Initial Inventory — $3550	$3,550 to $7,525	2025 FDD · PDF Page 20 Other Initial Inventory and Salon Supplies (14) $3,550 $7,525 As incurred As incurred Us, suppliers or c arriers
Construction Project Management — $0	$0 to $27,500	2025 FDD · PDF Page 20 Construction Project Management (5) $0 $27,500 As incurred As incurred Contractors or our preferred approved c ontractor
Shipping (15) — $4900	$4,900 to $14,000	2025 FDD · PDF Page 21 Shipping (15) $4,900 $14,000 As incurred As incurred Suppliers or c arriers
Security Deposit and Rent — $7500	$7,500 to $20,000	2025 FDD · PDF Page 20 Security Deposit and Rent (2) $7,500 $20,000 As incurred As incurred Third parties
Furniture, Fixtures, Equipment — $8300	$8,300 to $10,000	2025 FDD · PDF Page 20 Furniture, Fixtures, Equipment and Decor (11) $8,300 $10,000 Lump sum As incurred Suppliers
Proprietary Products — $1830	$1,830 to $3,225	2025 FDD · PDF Page 20 Proprietary Products (13) $1,830 $3,225 Lump Sum Upon delivery Us, parent or any affiliate
Initial Franchise Fee (1) — $35000	$35,000	2025 FDD · PDF Page 20 Initial Franchise Fee (1) $35,000 $35,000 Lump Sum Upon signing Franchise Agreement Us
TOTAL ESTIMATED — $200470	$200,470 to $360,825	2025 FDD · PDF Page 21 TOTAL ESTIMATED INITIAL INVESTMENT (20) $200,470 $360,825
Grand Opening Program — $15000	$15,000	2025 FDD · PDF Page 21 Grand Opening Program (18) $15,000 $15,000 As incurred As incurred Advertising suppliers
“Snipification” of Salon — $20700	$20,700 to $23,100	2025 FDD · PDF Page 20 “Snipification” of Salon (8) $20,700 $23,100 As incurred As incurred Approved s uppliers
POS Software System Fee — $165	$165 to $250	2025 FDD · PDF Page 20 POS Software System Fee (9) $165 $250 As incurred As incurred Us, parent or any affiliate
Staff Wages During Training — $2500	$2,500 to $3,000	2025 FDD · PDF Page 20 Staff Wages During Training (4) $2,500 $3,000 As incurred As incurred Your employees
Professional Fees — $500	$500 to $6,500	2025 FDD · PDF Page 21 Professional Fees (17) $500 $6,500 As incurred As incurred Attorneys, accountants and other professionals
Additional Funds — $5450	$5,450 to $20,600	2025 FDD · PDF Page 21 Additional Funds (3 Months) (19) $5,450 $20,600 As incurred As incurred Suppliers, employees and other creditors
Millwork (7) — $35200	$35,200 to $52,000	2025 FDD · PDF Page 20 Millwork (7) $35,200 $52,000 As incurred Half upon order and the remainder upon shipping Approved millwork suppliers
Initial Training (3) — $1000	$1,000 to $3,000	2025 FDD · PDF Page 20 Initial Training (3) $1,000 $3,000 As incurred As incurred Third parties
Insurance (16) — $1500	$1,500 to $2,500	2025 FDD · PDF Page 21 Insurance (16) $1,500 $2,500 As incurred As incurred Insurance carrier(s)

Line items are shown as disclosed. Some costs overlap or apply to different formats; do not add them together without reviewing the source.

Sources

Fees And Payment Terms

Fee	Disclosed Terms	Source
Multi-5 initial inventory before first salon low — $0	e Snip- its Salon Businesses Low High Low High Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $5,490 $9,675 $9,150 $16,125 Initial Inventory and Salon Supplies $0 $2,150 $0 $6,450 $0 $10,750	2025 FDD · PDF Page 12
Holdover fee per week — $500	{00185896.DOCX. } [2025 FDD v1F] 10 Type of Fee (1) Amount Due Date Remarks Holdover Fee $500 per week As incurred Once we have offered you the opportunity to enter into a successor franchise agreement, then during any portion of the Interim Period (as defined in the Franchise Agreement) that you fail to enter into the successor franchise agreement you will pay us a holdover fee beginning upon 14 day written notice from us (“Holdover Fee”). The Holdover Fee is in addition to all other payments and obligations under the Franchise Agreement and will continue until the earlier of: (i) the date you enter into the Successor Franchise Agreement in accordance with the terms of this Franchise Agreement or; (ii) the date you or we send the other 30-day written notice of intention to term	2025 FDD · PDF Page 17
Multi-5 proprietary products before first salon low — $1,830	hree Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $5,490 $9,675 $9,150 $16,125 Initia	2025 FDD · PDF Page 12
Insurance procurement administration charge — 20%	ce On demand This fee is payable to the Marketing Fund or to us, if you use unauthorized advertising in violation of the terms of the Franchise Agreement. Insurance Reimbursement of our costs, plus a 20% administration charge On demand If you fail to obtain insurance, we may obtain insurance for you, and you must reimburse us for the cost of insurance obtained plus 20% of the premium for an administrative cost of obtaining the insurance. Additional Training or Assistance Fees The then-current fee (currently $500 per additional person for initial training and $500 per attendee per day for additional training) Within ten days after invoicing We provide initial training at no charge for up to three people. We may charge you for training additional persons, newly-hired personnel, refresher training courses, remedial training, advanced training courses, and additional or special assistance or	2025 FDD · PDF Page 14
Multi-three total paid before all salons operate low — $80,985	{00185896.DOCX. } [2025 FDD v1F] 6 Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Amounts paid to us or affiliates before all businesses are operating $36,995 $40,625 $80,985 $91,875 $109,975 $128,125	2025 FDD · PDF Page 13
Advertising cooperative Gross Sales contribution high — 2%	and the required advertising expenditure, which will be contributed to the Marketing Fund, or to us. Local and Regional Advertising Cooperatives (3) Established by cooperative members, between 1% and 2% of Gross Sales Same as Royalty We currently do not have a cooperative but reserve the right to require one to be established in the future. Each Snip-its Salon we own that exists within the cooperative’s area will contribute to the cooperative on the same basis as franchisees. We anticipate that each Snip- its Salon franchisee and each Snip-its Salon Business that we own will have one vote for each Snip-its Salon operated in the designated market. Item 11 contains more information Item 11 contains more information about advertising cooperatives.	2025 FDD · PDF Page 13
First year marketing fund on Gross Sales — 1.5%	n Note 2). Your Royalty is an ongoing payment that allows you to use the Marks and the intellectual property of the System and pays for our ongoing support and assistance. Marketing Fund Contribution 1.5% Gross Sales for the first year and then 2% of Gross Sales for the remainder of the term of the franchise agreement Same as Royalty This “Marketing Fund Contribution” is used for a system-wide “Marketing Fund” for our use in promoting and building the Snip-its Salon brand. See Item 11 for more information. Local Advertising Payment The difference between the amount you spent on local advertising each year and your required local advertising expenditure ($1,875 per calendar quarter) Payable after receipt of invoice If you fail to meet your required local advertising requirement on local advertising, you must pay the difference between the amount you spent and the required advertising expe	2025 FDD · PDF Page 13
Multi-3 initial franchise fee before first salon opens — $75,000	its Salon Business. Type of Expenditure Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 P	2025 FDD · PDF Page 12
Single salon initial franchise fee — $35,000	r different Franchise packages depending on the number of Snip-its Salon Businesses you wish to purchase: Franchise Type Number of Snip-its Salon Businesses “Initial Franchise Fee” Single franchise 1 $35,000 Multi-3 franchise Up to 3 $75,000 Multi-5 franchise Up to 5 $100,000 Multi-5 Plus franchise An agreed upon number $100,000 plus $10,000 per additional Snip-its Salon Business above 5 If you purchase a Multi-3 franchise, Multi-5 franchise, or a Multi-5 Plus franchise, you will sign the Multi-Franchise Addendum. There is no development territory or development schedule to open additional Snip-its Salon Businesses under the Multi-Franchise Addendum. Under a Multi-5 Plus Franchise, we will mutually agree on the number of Snip-its Salons you are permitted to open, and you must pay us a non-refundable Initial Franchise Fee in the amount of $100,000 plus $10,000 per each additional Snip-its	2025 FDD · PDF Page 11
Advertising cooperative Gross Sales contribution low — 1%	spent and the required advertising expenditure, which will be contributed to the Marketing Fund, or to us. Local and Regional Advertising Cooperatives (3) Established by cooperative members, between 1% and 2% of Gross Sales Same as Royalty We currently do not have a cooperative but reserve the right to require one to be established in the future. Each Snip-its Salon we own that exists within the cooperative’s area will contribute to the cooperative on the same basis as franchisees. We anticipate that each Snip- its Salon franchisee and each Snip-its Salon Business that we own will have one vote for each Snip-its Salon operated in the designated market. Item 11 contains more information Item 11 contains more information about advertising cooperatives.	2025 FDD · PDF Page 13
Transfer fee deposit due at application — 50%	dentify your Snip- its Salon Franchise upon its termination, relocation or expiration. Transfer Fee 50% of the then-current Initial Franchise Fee plus any applicable broker/referral commission or fee 50% of the Transfer Fee is due as a non- refundable deposit at time of transfer application submittal and the remaining balance of fee at time of the approved transfer Payable in connection with the transfer of your Snip-its Salon Business, a transfer of ownership of your legal entity, or the Franchise Agreement If we are not offering Franchises at the time of your transfer, the transfer fee will be 50% of the initial franchise fee listed in the most recent Franchise Disclosure Document. If your transfer is to a current Snip-its franchisee, the transfer fee will be 25% of the then-current Initial Franchise Fee. Liquidated Damages (4) Will vary under the circumstances Within 15 days after ter	2025 FDD · PDF Page 17
Late payment simple interest per month, subject to legal maximum — 1.5%	ith a complaint and we provide a gift card, refund or other value to the customer as part of our addressing the issue. Late Payment Fee $100 per occurrence, plus the lesser of the daily equivalent of 1.5% per month simple interest or the highest rate allowed by law As incurred Payable if any payment due to us or our affiliate is not made by the due date. Interest accrues from the original due date until payment is received in full. Non-Sufficient Funds Fee $50 per occurrence As incurred Payable if any check or electronic payment is not successful due to insufficient funds, stop payment or any similar event. Failure to Submit Required Report Fee $100 per occurrence and $100 per week Your bank account will be debited for failure to submit any requested report or financial statement when due Payable if you fail to submit any required report or financial statement when due. You will continue	2025 FDD · PDF Page 15
Multi-5 initial franchise fee before first salon opens — $100,000	ss. Type of Expenditure Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 Proprietary Produ	2025 FDD · PDF Page 12
Insurance procurement premium surcharge — 20%	mbursement of our costs, plus a 20% administration charge On demand If you fail to obtain insurance, we may obtain insurance for you, and you must reimburse us for the cost of insurance obtained plus 20% of the premium for an administrative cost of obtaining the insurance. Additional Training or Assistance Fees The then-current fee (currently $500 per additional person for initial training and $500 per attendee per day for additional training) Within ten days after invoicing We provide initial training at no charge for up to three people. We may charge you for training additional persons, newly-hired personnel, refresher training courses, remedial training, advanced training courses, and additional or special assistance or training you need or request. You are responsible for any expenses incurred by you or your employees in connection with attending training, including transportation, l	2025 FDD · PDF Page 14
Multi-3 initial inventory before first salon low — $0	rating Five Snip- its Salon Businesses Low High Low High Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $5,490 $9,675 $9,150 $16,125 Initial Inventory and Salon Supplies $0 $2,150 $0 $6,450 $	2025 FDD · PDF Page 12
Missing required report continuing weekly fee — $100	ce As incurred Payable if any check or electronic payment is not successful due to insufficient funds, stop payment or any similar event. Failure to Submit Required Report Fee $100 per occurrence and $100 per week Your bank account will be debited for failure to submit any requested report or financial statement when due Payable if you fail to submit any required report or financial statement when due. You will continue to incur this fee until you submit the required report. Audit Expenses Cost of audit and inspection, any understated amounts, and any related accounting, legal and travel expenses On demand You will be required to pay this if: (i) an audit reveals that you understated weekly Gross Sales by more than 2%; (ii) you fail to submit required reports; or (iii) you fail to provide information we reasonably request within 30 days of our request.	2025 FDD · PDF Page 15
Non-sufficient funds fee per occurrence — $50	law As incurred Payable if any payment due to us or our affiliate is not made by the due date. Interest accrues from the original due date until payment is received in full. Non-Sufficient Funds Fee $50 per occurrence As incurred Payable if any check or electronic payment is not successful due to insufficient funds, stop payment or any similar event. Failure to Submit Required Report Fee $100 per occurrence and $100 per week Your bank account will be debited for failure to submit any requested report or financial statement when due Payable if you fail to submit any required report or financial statement when due. You will continue to incur this fee until you submit the required report. Audit Expenses Cost of audit and inspection, any understated amounts, and any related accounting, legal and travel expenses On demand You will be required to pay this if: (i) an audit reveals that you und	2025 FDD · PDF Page 15
Current noncompliance fee per day — $100	{00185896.DOCX. } [2025 FDD v1F] 11 Type of Fee (1) Amount Due Date Remarks Non-Compliance Fee $100 per day On demand We have the right to impose this fee if you are not in compliance with your Franchise Agreement or our standards and specifications. This fee will be contributed to the Marketing Fund and will be incurred each day from your receipt of written notice from us until the earlier of the date you bring your Snip-its Salon Business back into compliance or we terminate your Franchise Agreement according to the provisions of the Franchise Agreement. We may increase this fee upon 30 days’ written notice to you, to up to $200 per day. This fee will not waive any right we have under the Franchise Agreement including the right to terminate. Broker Fees Our actual cost of the broker	2025 FDD · PDF Page 18
Multi-five total paid before first salon low — $101,995	Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625	2025 FDD · PDF Page 12
Multi-5 Plus fee per salon beyond five — $10,000	its Salon Businesses “Initial Franchise Fee” Single franchise 1 $35,000 Multi-3 franchise Up to 3 $75,000 Multi-5 franchise Up to 5 $100,000 Multi-5 Plus franchise An agreed upon number $100,000 plus $10,000 per additional Snip-its Salon Business above 5 If you purchase a Multi-3 franchise, Multi-5 franchise, or a Multi-5 Plus franchise, you will sign the Multi-Franchise Addendum. There is no development territory or development schedule to open additional Snip-its Salon Businesses under the Multi-Franchise Addendum. Under a Multi-5 Plus Franchise, we will mutually agree on the number of Snip-its Salons you are permitted to open, and you must pay us a non-refundable Initial Franchise Fee in the amount of $100,000 plus $10,000 per each additional Snip-its Salon Business beyond the initial five. If you are an honorably discharged veteran who meets our qualifications for a Franchise, you wi	2025 FDD · PDF Page 11
Monthly POS software low — $165	d to third-party vendors and it may be adjusted to reflect upgrades, modifications, additional software and third party vendor price increases. POS Software System Fee The then-current fee (currently $165 to $250 per month) On the first business day of every month This fee covers the POS Software System used in the operation of your Snip-its Salon Business. This fee may include fees paid to third-party vendors and it may be adjusted to reflect upgrades, modifications, additional POS software and third party vendor price increases. You will begin paying this fee when the software is activated, which typically happens one month before you open your Snip-its Salon Business.	2025 FDD · PDF Page 14
Unauthorized advertising fee per occurrence — $500	{00185896.DOCX. } [2025 FDD v1F] 7 Type of Fee (1) Amount Due Date Remarks Unauthorized Advertising Fee $500 per occurrence On demand This fee is payable to the Marketing Fund or to us, if you use unauthorized advertising in violation of the terms of the Franchise Agreement. Insurance Reimbursement of our costs, plus a 20% administration charge On demand If you fail to obtain insurance, we may obtain insurance for you, and you must reimburse us for the cost of insurance obtained plus 20% of the premium for an administrative cost of obtaining the insurance. Additional Training or Assistance Fees The then-current fee (currently $500 per additional person for initial training and $500 per attendee per day for additional training) Within ten days after invoicing We provide initial training at no c	2025 FDD · PDF Page 14
Additional training per attendee per day — $500	us 20% of the premium for an administrative cost of obtaining the insurance. Additional Training or Assistance Fees The then-current fee (currently $500 per additional person for initial training and $500 per attendee per day for additional training) Within ten days after invoicing We provide initial training at no charge for up to three people. We may charge you for training additional persons, newly-hired personnel, refresher training courses, remedial training, advanced training courses, and additional or special assistance or training you need or request. You are responsible for any expenses incurred by you or your employees in connection with attending training, including transportation, lodging, meals, wages and other incidentals. If the training program is conducted at the premises of your Snip-its Salon Business, then you must reimburse us for the expenses we or our representativ	2025 FDD · PDF Page 14
Proprietary products cost low estimate — $1,830	ing our last fiscal year ended December 31, 2024, we collected Initial Franchise Fees of $35,000. Proprietary Products You will purchase Proprietary Products from us or FSS at a cost of approximately $1,830 to $3,225 depending on the size of your Salon. These amounts are payable when you place your opening order of “Snip-its” branded Proprietary Products, which must be placed prior to opening your Salon. You must purchase these Proprietary Products before opening each Snip-its Salon Business you will operate. These amounts are uniform, fully earned once paid and non-refundable under any circumstances.	2025 FDD · PDF Page 11
CPI fixed-fee adjustment trigger, increase more than — 5%	I Increase”) in the United States. We may periodically review and increase these fees based on changes to the CPI (in addition to any other increase), but only if the increase to the CPI is more than 5% higher than the corresponding CPI in effect on: (a) the effective date of your Franchise Agreement (for the initial fee adjustments); or (b) the date we implemented the last fee adjustment (for subsequent fee adjustments). We will notify you of any CPI adjustment at least 60 days before the fee adjustment becomes effective. We will implement no more than one CPI Increase during any calendar year. 2. Royalty. “Gross Sales” means the total of all of your revenues, sales and other income and consideration from the sale of all Snip-its Salon merchandise, products and services to your customers whether or not sold or performed at or from the physical location of the Snip-its Salon Business, an	2025 FDD · PDF Page 18
Multi-five total paid before all salons operate low — $109,975	{00185896.DOCX. } [2025 FDD v1F] 6 Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Amounts paid to us or affiliates before all businesses are operating $36,995 $40,625 $80,985 $91,875 $109,975 $128,125	2025 FDD · PDF Page 13
Multi-three total paid before first salon low — $76,995	Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625	2025 FDD · PDF Page 12
Missing required report fee per occurrence — $100	nds Fee $50 per occurrence As incurred Payable if any check or electronic payment is not successful due to insufficient funds, stop payment or any similar event. Failure to Submit Required Report Fee $100 per occurrence and $100 per week Your bank account will be debited for failure to submit any requested report or financial statement when due Payable if you fail to submit any required report or financial statement when due. You will continue to incur this fee until you submit the required report. Audit Expenses Cost of audit and inspection, any understated amounts, and any related accounting, legal and travel expenses On demand You will be required to pay this if: (i) an audit reveals that you understated weekly Gross Sales by more than 2%; (ii) you fail to submit required reports; or (iii) you fail to provide information we reasonably request within 30 days of our request.	2025 FDD · PDF Page 15
Multi-5 franchise initial fee — $100,000	alon Businesses you wish to purchase: Franchise Type Number of Snip-its Salon Businesses “Initial Franchise Fee” Single franchise 1 $35,000 Multi-3 franchise Up to 3 $75,000 Multi-5 franchise Up to 5 $100,000 Multi-5 Plus franchise An agreed upon number $100,000 plus $10,000 per additional Snip-its Salon Business above 5 If you purchase a Multi-3 franchise, Multi-5 franchise, or a Multi-5 Plus franchise, you will sign the Multi-Franchise Addendum. There is no development territory or development schedule to open additional Snip-its Salon Businesses under the Multi-Franchise Addendum. Under a Multi-5 Plus Franchise, we will mutually agree on the number of Snip-its Salons you are permitted to open, and you must pay us a non-refundable Initial Franchise Fee in the amount of $100,000 plus $10,000 per each additional Snip-its Salon Business beyond the initial five. If you are an honorably dis	2025 FDD · PDF Page 11
Transfer fee of then-current initial franchise fee plus broker fees — 50%	ication All amounts incurred by us related to de- identification As incurred Payable if we must de-identify your Snip- its Salon Franchise upon its termination, relocation or expiration. Transfer Fee 50% of the then-current Initial Franchise Fee plus any applicable broker/referral commission or fee 50% of the Transfer Fee is due as a non- refundable deposit at time of transfer application submittal and the remaining balance of fee at time of the approved transfer Payable in connection with the transfer of your Snip-its Salon Business, a transfer of ownership of your legal entity, or the Franchise Agreement If we are not offering Franchises at the time of your transfer, the transfer fee will be 50% of the initial franchise fee listed in the most recent Franchise Disclosure Document. If your transfer is to a current Snip-its franchisee, the transfer fee will be 25% of the then-current Init	2025 FDD · PDF Page 17
Convention operating partner fee maximum — $500	{00185896.DOCX. } [2025 FDD v1F] 8 Type of Fee (1) Amount Due Date Remarks Convention Fee The then-current fee (up to $500 for your Operating Partner and up to $300 for your staff member) Upon receipt of written notice that such convention is being held You, your “Operating Partner” or “Salon Manager,” (both defined in Item 15) may be required to attend any national or regional conferences we hold. This fee defrays the cost of your attendance. It is due regardless of whether or not you attend. Supplier Testing The reasonable costs of inspection and the actual cost of any tests conducted Within ten days after invoicing Payable if we inspect or test a new product, service or proposed supplier nominated by you. Customer Issue Resolution The reasonable costs we incur for responding to a customer complaint Withi	2025 FDD · PDF Page 15
Maximum noncompliance fee per day — $200	n Business back into compliance or we terminate your Franchise Agreement according to the provisions of the Franchise Agreement. We may increase this fee upon 30 days’ written notice to you, to up to $200 per day. This fee will not waive any right we have under the Franchise Agreement including the right to terminate. Broker Fees Our actual cost of the brokerage commissions, finder’s fees or similar charges As incurred If you transfer your Snip-its Salon Business to a third party or purchaser, you must reimburse all of our actual costs for commissions, finder’s fees and similar charges. Notes: 1. Fees. All fees paid to us or our affiliates are uniform and not refundable under any circumstances once paid. Fees paid to vendors or other suppliers may be refundable depending on the vendors and suppliers. We currently require you to pay fees and other amounts due to us or our affiliates via e	2025 FDD · PDF Page 18
Convention staff member fee maximum — $300	{00185896.DOCX. } [2025 FDD v1F] 8 Type of Fee (1) Amount Due Date Remarks Convention Fee The then-current fee (up to $500 for your Operating Partner and up to $300 for your staff member) Upon receipt of written notice that such convention is being held You, your “Operating Partner” or “Salon Manager,” (both defined in Item 15) may be required to attend any national or regional conferences we hold. This fee defrays the cost of your attendance. It is due regardless of whether or not you attend. Supplier Testing The reasonable costs of inspection and the actual cost of any tests conducted Within ten days after invoicing Payable if we inspect or test a new product, service or proposed supplier nominated by you. Customer Issue Resolution The reasonable costs we incur for responding to a customer complaint Within 5 days of receipt of invoice Payable if	2025 FDD · PDF Page 15
Proprietary products before first salon opens low — $1,830	se Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $5,490 $9,675 $9,150	2025 FDD · PDF Page 12
Monthly POS software system fee low — $165	g our POS Software System Fee when the POS Software is activated, which is typically one month prior to the opening of your Snip-its Salon Business. Our current POS Software System Fee ranges between $165 and $250 per month, which we estimate will be your payment to us prior to opening your Snip-its Salon Business. The POS Software System Fee is payable for each Snip-its Salon Business you operate. This fee is fully earned once paid and is non-refundable under any circumstances. If you sign a Multi-Franchise Addendum, some of these fees and amounts are not paid to us or our affiliates until each additional Snip-its Salon Business is ready to begin operations. For example, if you purchase a Multi-3 Franchise, you will purchase the Proprietary Products before you open your first Snip- its Salon Business. Before you open your second Snip-its Salon Business, you will need to purchase additio	2025 FDD · PDF Page 12
Audit cost trigger, weekly Gross Sales understatement more than — 2%	any understated amounts, and any related accounting, legal and travel expenses On demand You will be required to pay this if: (i) an audit reveals that you understated weekly Gross Sales by more than 2%; (ii) you fail to submit required reports; or (iii) you fail to provide information we reasonably request within 30 days of our request.	2025 FDD · PDF Page 15
Royalty on Gross Sales after first year — 6%	ITEM 6 OTHER FEES Type of Fee (1) Amount Due Date Remarks Royalty (2) 5% of Gross Sales for the first year and then 6% of Gross Sales for the remainder of the term of the franchise agreement Due on the fifth business day of each Accounting Period The “Royalty” is based on “Gross Sales” during the previous Accounting Period (as defined in Note 2). Your Royalty is an ongoing payment that allows you to use the Marks and the intellectual property of the System and pays for our ongoing support and assistance. Marketing Fund Contribution 1.5% Gross Sales for the first year and then 2% of Gross Sales for the remainder of the term of the franchise agreement Same as Royalty This “Marketing Fund Contribution” is used for a system-wide “Marketing Fund” for our use in promoting and building the Snip-its Salon brand.	2025 FDD · PDF Page 13
Qualified veteran one-time initial fee discount — $3,500	plus $10,000 per each additional Snip-its Salon Business beyond the initial five. If you are an honorably discharged veteran who meets our qualifications for a Franchise, you will receive a one-time $3,500 discount on the Initial Franchise Fee, whether you purchase a single Snip-its Salon Business or multiple Snip-its Salon Businesses under a Multi-Franchise Addendum. The Initial Franchise Fee is payment for all of our pre-opening assistance that we provide to allow you to open your Snip-its Salon Business and also offsets some of our franchisee recruitment expenses. The Initial Franchise Fee is uniform, fully earned by us once paid, payable when you sign your Franchise Agreement(s) and is non-refundable under any circumstances. During our last fiscal year ended December 31, 2024, we collected Initial Franchise Fees of $35,000. Proprietary Products You will purchase Proprietary Products	2025 FDD · PDF Page 11
Initial training per additional person — $500	t reimburse us for the cost of insurance obtained plus 20% of the premium for an administrative cost of obtaining the insurance. Additional Training or Assistance Fees The then-current fee (currently $500 per additional person for initial training and $500 per attendee per day for additional training) Within ten days after invoicing We provide initial training at no charge for up to three people. We may charge you for training additional persons, newly-hired personnel, refresher training courses, remedial training, advanced training courses, and additional or special assistance or training you need or request. You are responsible for any expenses incurred by you or your employees in connection with attending training, including transportation, lodging, meals, wages and other incidentals. If the training program is conducted at the premises of your Snip-its Salon Business, then you must r	2025 FDD · PDF Page 14
Initial franchise fees collected last fiscal year — $35,000	once paid, payable when you sign your Franchise Agreement(s) and is non-refundable under any circumstances. During our last fiscal year ended December 31, 2024, we collected Initial Franchise Fees of $35,000. Proprietary Products You will purchase Proprietary Products from us or FSS at a cost of approximately $1,830 to $3,225 depending on the size of your Salon. These amounts are payable when you place your opening order of “Snip-its” branded Proprietary Products, which must be placed prior to opening your Salon. You must purchase these Proprietary Products before opening each Snip-its Salon Business you will operate. These amounts are uniform, fully earned once paid and non-refundable under any circumstances.	2025 FDD · PDF Page 11
Monthly POS software system fee high — $250	Software System Fee when the POS Software is activated, which is typically one month prior to the opening of your Snip-its Salon Business. Our current POS Software System Fee ranges between $165 and $250 per month, which we estimate will be your payment to us prior to opening your Snip-its Salon Business. The POS Software System Fee is payable for each Snip-its Salon Business you operate. This fee is fully earned once paid and is non-refundable under any circumstances. If you sign a Multi-Franchise Addendum, some of these fees and amounts are not paid to us or our affiliates until each additional Snip-its Salon Business is ready to begin operations. For example, if you purchase a Multi-3 Franchise, you will purchase the Proprietary Products before you open your first Snip- its Salon Business. Before you open your second Snip-its Salon Business, you will need to purchase additional Propr	2025 FDD · PDF Page 12
Multi-5 POS software before first salon low — $165	Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $5,490 $9,675 $9,150 $16,125 Initial Inventory and Salon Supplies $0 $2,150 $0 $6,450 $0 $10,750 POS Software System Fee $ 165 $ 250 $ 495 $ 75	2025 FDD · PDF Page 12
Single salon total paid before operating low — $36,995	{00185896.DOCX. } [2025 FDD v1F] 6 Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Amounts paid to us or affiliates before all businesses are operating $36,995 $40,625 $80,985 $91,875 $109,975 $128,125	2025 FDD · PDF Page 13
Multi-3 franchise initial fee, up to three salons — $75,000	ending on the number of Snip-its Salon Businesses you wish to purchase: Franchise Type Number of Snip-its Salon Businesses “Initial Franchise Fee” Single franchise 1 $35,000 Multi-3 franchise Up to 3 $75,000 Multi-5 franchise Up to 5 $100,000 Multi-5 Plus franchise An agreed upon number $100,000 plus $10,000 per additional Snip-its Salon Business above 5 If you purchase a Multi-3 franchise, Multi-5 franchise, or a Multi-5 Plus franchise, you will sign the Multi-Franchise Addendum. There is no development territory or development schedule to open additional Snip-its Salon Businesses under the Multi-Franchise Addendum. Under a Multi-5 Plus Franchise, we will mutually agree on the number of Snip-its Salons you are permitted to open, and you must pay us a non-refundable Initial Franchise Fee in the amount of $100,000 plus $10,000 per each additional Snip-its Salon Business beyond the initial	2025 FDD · PDF Page 11
Marketing fund on Gross Sales after first year — 2%	that allows you to use the Marks and the intellectual property of the System and pays for our ongoing support and assistance. Marketing Fund Contribution 1.5% Gross Sales for the first year and then 2% of Gross Sales for the remainder of the term of the franchise agreement Same as Royalty This “Marketing Fund Contribution” is used for a system-wide “Marketing Fund” for our use in promoting and building the Snip-its Salon brand. See Item 11 for more information. Local Advertising Payment The difference between the amount you spent on local advertising each year and your required local advertising expenditure ($1,875 per calendar quarter) Payable after receipt of invoice If you fail to meet your required local advertising requirement on local advertising, you must pay the difference between the amount you spent and the required advertising expenditure, which will be contributed to the Mar	2025 FDD · PDF Page 13
Required local advertising per calendar quarter — $1,875	ts Salon brand. See Item 11 for more information. Local Advertising Payment The difference between the amount you spent on local advertising each year and your required local advertising expenditure ($1,875 per calendar quarter) Payable after receipt of invoice If you fail to meet your required local advertising requirement on local advertising, you must pay the difference between the amount you spent and the required advertising expenditure, which will be contributed to the Marketing Fund, or to us. Local and Regional Advertising Cooperatives (3) Established by cooperative members, between 1% and 2% of Gross Sales Same as Royalty We currently do not have a cooperative but reserve the right to require one to be established in the future. Each Snip-its Salon we own that exists within the cooperative’s area will contribute to the cooperative on the same basis as franchisees. We anticipate	2025 FDD · PDF Page 13
First year royalty on Gross Sales — 5%	ITEM 6 OTHER FEES Type of Fee (1) Amount Due Date Remarks Royalty (2) 5% of Gross Sales for the first year and then 6% of Gross Sales for the remainder of the term of the franchise agreement Due on the fifth business day of each Accounting Period The “Royalty” is based on “Gross Sales” during the previous Accounting Period (as defined in Note 2). Your Royalty is an ongoing payment that allows you to use the Marks and the intellectual property of the System and pays for our ongoing support and assistance. Marketing Fund Contribution 1.5% Gross Sales for the first year and then 2% of Gross Sales for the remainder of the term of the franchise agreement Same as Royalty This “Marketing Fund Contribution” is used for a system-wide “Marketing Fund” for our use in pro	2025 FDD · PDF Page 13
Optional initial inventory and supplies paid to franchisor high — $2,150	initial inventory and salon supplies from us or FSS, but you may also purchase these and the remaining amount from other suppliers. For that reason, we estimate you may pay $0 or up to approximately $2,150 to us for certain initial inventory and salon supplies. You will need to purchase these initial inventory and salon supplies before opening each Snip-its Salon Business you operate. These amounts are payable when you place your opening order initial inventory and salon supplies. Inventory and salon supplies purchased from us or FSS are non-refundable under any circumstances. POS Software System Fee You will begin paying our POS Software System Fee when the POS Software is activated, which is typically one month prior to the opening of your Snip-its Salon Business. Our current POS Software System Fee ranges between $165 and $250 per month, which we estimate will be your payment to us p	2025 FDD · PDF Page 12
Transfer fee if franchises unavailable, most recent disclosed initial fee — 50%	sfer of your Snip-its Salon Business, a transfer of ownership of your legal entity, or the Franchise Agreement If we are not offering Franchises at the time of your transfer, the transfer fee will be 50% of the initial franchise fee listed in the most recent Franchise Disclosure Document. If your transfer is to a current Snip-its franchisee, the transfer fee will be 25% of the then-current Initial Franchise Fee. Liquidated Damages (4) Will vary under the circumstances Within 15 days after termination of the Franchise Agreement Due only if we terminate the Franchise Agreement before the end of the term because of your material breach, or you terminate the Franchise Agreement without legal cause. Liquidated damages will not be owed by you if your lease expires through no fault of your own prior to the end of your term and you are unable to renew your lease despite using commercially reason	2025 FDD · PDF Page 17
Multi-3 POS software before first salon low — $165	igh Low High Initial Franchise Fee $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $ 1,830 $3,225 Initial Inventory and Salon Supplies $0 $2,150 $0 $2,150 POS Software System Fee $ 165 $ 250 $ 165 $ 250 Amounts paid to us or affiliates before your first Snip-its Salon Business is operating $76,995 $80,625 $101,995 $105,625 The table below shows the amounts paid to us or our affiliates before all your Snip-its Salon Business are operating. Type of Expenditure Single Snip-its Salon Business Multi-3 Franchise Operating Three Snip-its Salon Businesses Multi-5 Franchise Operating Five Snip- its Salon Businesses Low High Low High Low High Initial Franchise Fee $35,000 $35,000 $75,000 $75,000 $100,000 $100,000 Proprietary Products $1,830 $3,225 $5,490 $9,675 $9,150 $16,125 Initial Inventory and Salon Supplies $0 $2,150 $0 $6,450 $0 $10,750 POS Software System Fee $ 165 $ 25	2025 FDD · PDF Page 12
Liquidated damages minimum — $30,000	ied by the lesser of: (i) 78; or (ii) the number of Accounting Periods remaining in the term of the Franchise Agreement, except that liquidated damages will not, under any circumstances, be less than $30,000. Liquidated damages will not be owed by you if your lease expires through no fault of your own prior to the end of your term and you are unable to renew your lease despite using commercially reasonable efforts.	2025 FDD · PDF Page 19
Optional initial inventory and supplies paid to franchisor low — $0	purchase a portion of your initial inventory and salon supplies from us or FSS, but you may also purchase these and the remaining amount from other suppliers. For that reason, we estimate you may pay $0 or up to approximately $2,150 to us for certain initial inventory and salon supplies. You will need to purchase these initial inventory and salon supplies before opening each Snip-its Salon Business you operate. These amounts are payable when you place your opening order initial inventory and salon supplies. Inventory and salon supplies purchased from us or FSS are non-refundable under any circumstances. POS Software System Fee You will begin paying our POS Software System Fee when the POS Software is activated, which is typically one month prior to the opening of your Snip-its Salon Business. Our current POS Software System Fee ranges between $165 and $250 per month, which we estimate wi	2025 FDD · PDF Page 12
Transfer fee to current franchisee, of then-current initial fee — 25%	sfer, the transfer fee will be 50% of the initial franchise fee listed in the most recent Franchise Disclosure Document. If your transfer is to a current Snip-its franchisee, the transfer fee will be 25% of the then-current Initial Franchise Fee. Liquidated Damages (4) Will vary under the circumstances Within 15 days after termination of the Franchise Agreement Due only if we terminate the Franchise Agreement before the end of the term because of your material breach, or you terminate the Franchise Agreement without legal cause. Liquidated damages will not be owed by you if your lease expires through no fault of your own prior to the end of your term and you are unable to renew your lease despite using commercially reasonable efforts.	2025 FDD · PDF Page 17
Multi-5 Plus fee per additional salon beyond five — $10,000	a Multi-5 Plus Franchise, we will mutually agree on the number of Snip-its Salons you are permitted to open, and you must pay us a non-refundable Initial Franchise Fee in the amount of $100,000 plus $10,000 per each additional Snip-its Salon Business beyond the initial five. If you are an honorably discharged veteran who meets our qualifications for a Franchise, you will receive a one-time $3,500 discount on the Initial Franchise Fee, whether you purchase a single Snip-its Salon Business or multiple Snip-its Salon Businesses under a Multi-Franchise Addendum. The Initial Franchise Fee is payment for all of our pre-opening assistance that we provide to allow you to open your Snip-its Salon Business and also offsets some of our franchisee recruitment expenses. The Initial Franchise Fee is uniform, fully earned by us once paid, payable when you sign your Franchise Agreement(s) and is non-re	2025 FDD · PDF Page 11
Late payment fee per occurrence plus interest — $100	able if a customer of your Snip-its Salon Business contacts us with a complaint and we provide a gift card, refund or other value to the customer as part of our addressing the issue. Late Payment Fee $100 per occurrence, plus the lesser of the daily equivalent of 1.5% per month simple interest or the highest rate allowed by law As incurred Payable if any payment due to us or our affiliate is not made by the due date. Interest accrues from the original due date until payment is received in full. Non-Sufficient Funds Fee $50 per occurrence As incurred Payable if any check or electronic payment is not successful due to insufficient funds, stop payment or any similar event. Failure to Submit Required Report Fee $100 per occurrence and $100 per week Your bank account will be debited for failure to submit any requested report or financial statement when due Payable if you fail to submit any re	2025 FDD · PDF Page 15

Some fees apply only to a specific event or service. These are not all monthly expenses.

Sources

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Inside The FDD

Sources

Plain-language summaries of the available FDD information. Each summary links to its source, with original excerpts available to review.

Sources

Research Data: Franopolis

The Franopolis report provides the source research. FDD page references identify the supplied excerpts when available.

07Estimated Startup Investment

The FDD estimates a total startup investment of $200,470 to $360,825. Review the listed costs and any conditions before setting your own startup budget.

2025 FDD · PDF Page 21 · Item 7 · View Source

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TOTAL ESTIMATED INITIAL INVESTMENT (20) $200,470 $360,825
2025 FDD · PDF Page 21 · Item 7

Source Notes

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