#203
At a Glance
Products & Services: Salon services
Number of Locations: 221
Total Investment: $111.3K - 169.3K
Founded: 1981
Began Franchising: 1981
Public Owned rgs
About Magicuts
Magicuts is a full-service salon with locations in Zellers department stores throughout Canada. Its parent, Regis Corp., also franchises City Looks, Cost Cutters Family Hair Care, First Choice Haircutters, Pro-Cuts and Supercuts.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 0 | 91 | 0 | 130 |
| 2010 | 0 | 94 | 0 | 130 |
| 2009 | 0 | 84 | 0 | 131 |
| 2008 | 0 | 81 | 0 | 131 |
Startup Costs, Ongoing Fees and Financing
Total Investment: $111,300 - $169,300
Franchise Fee: $22,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Term of agreement not renewable
Franchise Fee: $22,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Term of agreement not renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Franchise Ranking History
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