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All American Gold Corp. (AAGC) is a dynamic company based in Cheyenne, Wyoming, specializing in the acquisition, exploration, and development of natural resource properties in the United States. Founded in 2006 and previously known as Osprey Ventures, Inc., the company has since evolved and rebranded itself in October 2010 to reflect its broader strategic vision.
Recently, All American Gold Corp. has ventured into the lucrative haircare industry by acquiring Hollywood Star Cuts, a chain of full-service family hair salons with a unique Hollywood/California Beach theme. This exciting business model aims to provide customers with a 'Red Carpet' experience, treating them as the 'Star of the Show' from the moment they walk in until they leave. With locations in Boise, Idaho, the company plans aggressive expansion, including franchise opportunities across the United States, particularly in Southern and Central Florida.
The haircare industry generates nearly $50 billion annually in the U.S., and Hollywood Star Cuts is strategically positioned to capture a significant portion of this market. The company’s innovative approach combines high-quality haircare services with an engaging and fun environment, featuring movie paraphernalia and Southern California beach imagery, enhancing the overall customer experience.
In addition to running corporate-owned stores, Hollywood Star Cuts is also implementing a franchise model aimed at rapid national growth. The strategy has already garnered interest from experienced franchise operators in various regions, including Southern Nevada, Central Texas, and Florida.
In terms of financial health and corporate governance, All American Gold Corp. is committed to becoming a fully reporting entity. They are actively engaging with accounting firms to audit their financials, which will further strengthen investor confidence and corporate transparency. The company is also planning a name change to All American Glamour Corp. to better align with its new business direction.
Exciting developments continue, such as agreements with major tanning booth producers to add private tanning rooms to Hollywood Star Cuts locations, enhancing their service offering. With ongoing efforts to expand through both corporate and franchise locations, All American Gold Corp. aims to operate 100 locations within five years, ultimately increasing to 500 locations nationwide within the next decade.
Follow their progress and updates on Twitter, Facebook, and their website hollywoodstarcuts.com.
All American Gold Corp. (AAGC) reported significant growth for Hollywood Star Cuts, with revenues reaching $1,454,182 in the first half of fiscal year 2024-2025, a 7.5X increase from $199,682 in the same period last year. The growth is attributed to rapid franchise expansion across the United States.
Hollywood Star Cuts operates as a themed family hair and beauty salon with tanning services, treating customers as 'movie stars.' The company maintains corporate-owned locations in Boise and is expanding franchises primarily in Florida, Utah, Texas, and Nevada. Their 'Mega Production Studio' in Boise serves as a training facility for franchise operators, featuring 8 hair-care stations, 2 nail-care stations, tanning facilities, and 2 esthetician stations.
AAGC plans to adjust its 2024-2025 projections to reflect the unexpected growth rate, with the fiscal year ending June 30th, 2025. The company announced a quarterly conference call scheduled for January 23rd, 2025, to discuss current projects and future plans.
All American Gold Corp. (OTC: AAGC) has announced a strategic agreement with a Utah-based hair-care franchise group to expand its Hollywood Star Cuts brand. The deal involves converting 12 existing salons to the Hollywood Star Cuts model, which combines hair care and tanning services. The transition will occur from October 2024 through March 2025, with the Utah group securing first right of refusal for future developments in Utah and Reno, Nevada.
Key financial highlights:
- Utah Group's 2023 revenue: $1,675,000 (projected 20% increase for 2024)
- Combined 2024 projected revenue: $5,000,000
- Total Hollywood Star Cuts locations after expansion: 30 nationwide
AAGC plans to change its name to All American Glamour Corp., maintaining the AAGC ticker symbol. The company has no outstanding debt and is committed to limiting share structure without reverse splits or toxic debt accumulation.
All American Gold Corp. (AAGC) announces its subsidiary, Hollywood Star Cuts, will offer complimentary alcoholic beverages to adult customers in Idaho starting October 17, enhancing the customer experience. This initiative aims to create a differentiated, movie-star-like atmosphere and drive increased revenue per location. Additionally, construction for the first franchised Hollywood Star Cuts in Texas begins on October 13, with plans for three locations in the area by 2023. The expansion reflects Hollywood Star Cuts' commitment to becoming a leader in the hair-care industry.
All American Gold Corp. (AAGC) announced a Letter of Intent to acquire a chain of eight hair salons in the Phoenix area on August 11, 2022. The salons generated over $900,000 in revenue and $125,000 in profit for 2021. Hollywood Star Cuts aims to increase sales by 20-25% and profits by 25-30% through renovations and the addition of tanning booths. The company has begun installing tanning booths which have received positive customer feedback. A shareholder conference call is scheduled for September 8, 2022, to discuss financials and expansion plans.
All American Gold Corp. (AAGC) announces significant growth for its subsidiary, Hollywood Star Cuts. A recent agreement aims to develop at least nine new locations in Central Texas by 2024, potentially generating up to $1.5 million in annual revenue. The franchise group involved has a strong operational background. Hollywood Star Cuts plans to expand its footprint nationally, increasing its target from 100 to 500 locations over the next decade. With solid average revenues and profit margins, the franchise opportunity is positioned as lucrative amid a thriving hair-care market.
All American Gold Corp. (AAGC) announced a transformative agreement for Hollywood Star Cuts, a growing chain of hair salons. The company will acquire a minimum of 25 custom tanning booths over the next year, marking it as the first national chain to offer tanning services alongside hair care. These booths are expected to generate a revenue increase of 10-15% per location without additional labor costs, with a projected ROI of 3X per unit in the first year. The new offerings aim to enhance customer experience and solidify Hollywood Star Cuts' position in the competitive hair salon industry.
All American Gold Corp. (AAGC) announced significant developments for its subsidiary, Hollywood Star Cuts. The company secured a franchise agreement with a Las Vegas group to convert their 7 existing hair salon locations into Hollywood Star Cuts, with plans to expand to a total of 10 locations by the end of 2022. The growth strategy includes 100 locations within 36 months, targeting areas like Tampa and Naples, Florida, and Central Texas. Currently, Hollywood Star Cuts operates 3 locations, projecting an average revenue of $200,000 and 28-30% profit margins per location.
All American Gold Corp. (AAGC) updated investors on Hollywood Star Cuts, which opened its third location in Nampa, Idaho, on April 1, 2022. The company plans to open additional locations in Boise, Idaho, later this year. Notably, agreements with franchise organizations in Western and Southern Florida aim to establish at least six new locations by the end of 2022. Hollywood Star Cuts locations are expected to average $5,000 weekly revenue, with 30% operating profit. The company anticipates raising its operational guidance for 2023 from 8-10 to 20-25 locations due to strong market acceptance.
All American Gold Corp. (AAGC) has engaged an accounting firm to initiate the auditing process, aiming to become a fully reporting entity. The firm's focus will be on Hollywood Star Cuts, the company’s hair salon chain, which currently operates three locations in the Boise, Idaho area with plans for rapid national expansion. The third location is set to open by January 2022, with a goal of establishing ten locations within 18 months. A year-end conference call is scheduled for December 8, 2021, to discuss company updates and future plans.
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