Investment Information

INVESTMENT
To ensure that Pigtails & Crewcuts store owners have sufficient funds to market and support a new business in its pre-opening and initial operating stages, we require a net worth of $150,000 for the initial store. Financial assessment for multi-store development agreements will be considered on a case-by-case basis.
FULL SERVICE PIGTAILS & CREWCUTS STORE
Item Description Estimated Cost Method of Payment When Due To Whom Payment is Made
Initial Franchise Fee $25,000 Lump Sum Upon Signing of Franchise Agreement Us
Real Estate and Construction $15,000 to $82,000 As Arranged Prior to Opening Landlord, Contractors
Rent (3 months) $7,500 to $18,000 As Incurred Before opening And ongoing Landlord
Travel and Living Expenses while Training $1,250 to $2,500 As Incurred During Training Third-party Vendors (e.g., Hotels, Restaurants, Airlines)
Furnishings, Equipment and Decorating $18,000 to $23,000 As Arranged Prior to Opening Suppliers, Contractors, Us
Exterior Signage $1,500 to $6,000 As Arranged Prior to Opening Suppliers, Landlord (possibly), Us
Interior Graphics / Signage $2,000 to $2,500 As Arranged Before Opening Us
Opening Inventory $5,000 to $10,000 As Arranged Prior to Opening Us, Suppliers
Opening Supplies $3,000 to $3,500 As Arranged Prior to Opening Suppliers
Initial Supply of Marketing and Promotional Materials $500 to $750 Lump Sum Prior to Opening Us
Computer Hardware/Software $4,000 to $4,500 As Arranged Prior to Opening Us
Grand Opening Advertising $3,000 to $4,000 As Arranged Prior to Opening and Ongoing Suppliers
Professional Fees $1,000 to $3,500 As Arranged Prior to Opening and Ongoing Your Accountants, Attorneys, Real Estate Broker, Architect
Miscellaneous Opening Costs $2,000 to $5,000 As Arranged As Arranged Suppliers, Utilities, Tradesmen
Additional Funds – 3 months $5,000 to $15,000 As Arranged As Arranged Suppliers, Employees
TOTAL ESTIMATED INITIAL INVESTMENT $93,750 to $205,250
ONGOING FEES: Royalty Fee: 5% of gross sales Advertising Fee: 2% of gross sales