Cookie Cutters Haircuts for Kids Cuts Out Competition in 2016
Children’s salon franchise reached 500 percent growth, sold out multiple markets
February 02, 2017 // Franchising.com // SALT LAKE CITY – Cookie Cutters Haircuts for Kids demonstrated exponential growth by 500 percent in 2016 alone. Cookie Cutters broke into 16 new states, signed 42 new franchisees for 120 units, and sold out territories in numerous markets.
Here is a snapshot of Cookie Cutter’s successful year:
- Rapid Growth: Cookie Cutters opened eight new salons and signed on 42 franchisees—96 percent of which are multi-unit development deals. The amount of development deals signed in 2016 enforced Cookie Cutter’s 500 percent growth in number of units.
- Sold Out Territories: Cookie Cutters sold out in 10 markets totaling 67 units: Austin, Atlanta, Baltimore, Boise, Cincinnati, Charlotte, Pittsburgh, Portland, Raleigh, and San Antonio.
- Corporate Leadership Expands: The Cookie Cutters leadership team also expanded, appointing Lory Meyerson as the Vice President of Business Development.
“At this rate, we are expecting Cookie Cutters Haircuts for Kids to become the fastest growing children’s haircut franchise,” said Cookie Cutters CEO Neal Courtney. “With our strong leadership team paired with our trusted franchise partners, we are dedicated to continuing to give kids across the nation the absolute best haircut experience.”
With Cookie Cutters recent growth they will become the fastest growing children’s haircut franchise. Cookie Cutters expects to continue its rapid growth nationwide. Looking ahead to 2017, Cookie Cutters will open 50 of the 120 units in development. By the end of 2017, there will still be 70 units signed but unopened and based on current momentum this number will likely increase. Additionally, Cookie Cutters is aggressively targeting the following markets to further expand its national footprint: New Jersey, South East and West Florida, California, Chicago, Michigan, Phoenix, Virginia, and throughout Canada.
About Cookie Cutters Haircuts for Kids
Founded in 1994 and franchising since 1995, Cookie Cutter Haircuts for Kids is one of the first and most unique children’s’ haircutting franchises in the country. Our unique store design includes an in-store playground and video games, making a Cookie Cutters haircut a truly interactive experience. With our fantasy chairs that are only available to Cookie Cutters franchisees, our system is designed to keep children coming back to your salon again and again. Currently, there are over 35 salons open and operating in 17 states. For more information, visit www.haircutsarefun.com.
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SOURCE Cookie Cutters Haircuts for Kids