Sit Still Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$124,532 - $400,689
Franchise Fee
$10,000
Total US Locations
17
Business Summary
Sit Still Franchising operates upscale children's hair salons that provide haircuts in a family-friendly environment. Each salon is equipped with a minimum of five cutting stations and employs at least four stylists. Depending on the location, Sit Still salons may also offer additional services like ear piercing and mini-manicures (nail painting only). The business operates under a comprehensive and unique system that covers design, services, operational procedures, and marketing.
Corporate History
Sit Still Franchising, LLC was formed as an Oregon limited liability company on March 23, 2018. The Sit Still brand itself has a longer history, with its affiliate, Sit Still Corporate LLC, and parent company, Sit Still, Inc., operating a Sit Still salon in the Portland, Oregon area since 2007. Nhu Vo is noted as the owner and founder of both Sit Still Franchising, LLC since its inception in 2018, and Sit Still, Inc. since April 2007. Sit Still Franchising began offering franchises in 2024.
Financial Overview
Investment Range
$124,532 - $400,689
Franchise Fee (Low)
$10,000
Franchise Fee (High)
$45,000
Royalty %
6%
Marketing %
1%
Equipment Costs (Low)
$59,066
Equipment Costs (High)
$216,000
Working Capital
$28,750
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Going concern qualification
Financial Health Notes
Sit Still Franchising's financial condition raises questions about its ability to provide services and support to franchisees. The auditors issued an opinion with a 'Going Concern' qualification, indicating substantial doubt about the company's ability to continue operating. This is due to a net loss of $283,786 for the year ended December 31, 2023, and an accumulated deficit of $423,546 as of the same date.
Financing Details
Sit Still Franchising does not offer any direct or indirect financing options to its franchisees. Additionally, Sit Still Franchising does not guarantee any franchisee's notes, leases, or other obligations.
Performance Metrics
Total US Locations
17
Franchised Units
17
Corporate Units
0
Avg Square Footage
1,125
Franchising Since
2024
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Sit Still Franchising has no litigation or other dispute resolution required to be disclosed in Item 3 of its FDD. This means Sit Still Franchising has a clean legal record with no lawsuits or legal disputes to report.
Bankruptcy History
Sit Still Franchising has no bankruptcy information to disclose in Item 4 of its FDD. This indicates that Sit Still Franchising and its key personnel have no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
To renew their franchise agreement, Sit Still Franchising franchisees must provide advance notice, pay a renewal fee equal to 15% of the then-current standard initial franchise fee for new franchisees, be in full compliance with all agreements, renovate their business to meet current brand standards, sign the then-current form of franchise agreement, and execute a general release of claims.
Training & Support Program
Franchisor Assistance
Sit Still Franchising provides various levels of support to its franchisees. Before opening, Sit Still Franchising assists with reviewing potential locations, provides standard building plans and specifications, offers suggested staffing levels and hiring guidelines, conducts an initial training program for owners and managers, manages the grand opening promotional campaign, and provides at least two days of on-site opening support. After opening, Sit Still Franchising offers ongoing advice on business improvement and problem-solving (via phone/electronic communication), provides recommended prices and administrative procedures, manages the Marketing Fund, maintains the brand website, and may offer additional or mandatory group training programs (which may incur additional fees).
Initial Training Hours
57
Training Location
Initial classroom training is conducted in-person in Portland, Oregon or Austin, Texas, and by virtual means. On-site assistance and training are provided at the franchisee's location.
Ongoing Support
After opening, Sit Still Franchising continues to provide support by updating the operating manual and notifying franchisees of policy changes. It offers advice on business development and problem resolution via phone or electronic communication, and may provide in-person support for an additional fee. Sit Still Franchising also recommends prices and administrative procedures, administers the Marketing Fund, maintains the brand's website, and may require franchisees and their managers to attend additional or advanced training programs, as well as optional and mandatory group training sessions (for which fees may apply).
Franchise Requirements
Ideal Candidate Profile
Sit Still Franchising seeks a 'Designated Owner' for each franchise, who must be the executive primarily responsible for the business, possess decision-making authority, and hold at least a 50% ownership interest. While personal day-to-day participation is recommended, the Designated Owner may hire an approved manager to handle daily operations. Sit Still Franchising relies on the franchisee's business skill, financial capacity, personal character, experience, and business ability.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Retail
Owner Participation
Supervisory
Territory Type
Protected
Staff Count
5
Territory Size Requirements
Sit Still Franchising does not grant a minimum territory size. Each protected territory is determined at the time of site approval, based on specific market variables such as population, demographics, growth trends, topography, and local density. The territory may not be circular and can be defined by street map landmarks, compass directions, or other boundaries. For example, in dense metropolitan areas, a territory might be limited to a one-block radius or the building where the premises is located.
Staffing Notes
Each Sit Still Franchising salon must be managed and staffed by at least one individual who has successfully completed the initial training program. This person is typically the Designated Owner or an approved designated manager. Stylists are employees of the franchisee and are responsible for providing their own cutting equipment. For multi-unit owners, each salon must have its own properly trained designated manager. Franchisees are solely responsible for all hiring decisions, employment terms, and compliance with System Standards regarding personnel.