Pro-Cuts Classic

At a Glance

Products & Services: Hair salon

Number of Locations: 133

Total Investment: $94.5K - $185.1K

Founded: 1982

Began Franchising: 1984

About Pro-Cuts Classic

Since 1982, Pro-Cuts has provided families, primarily throughout the South and Midwest, with affordable haircuts. The company, which was founded by a family of professional barbers and cosmetologists, began franchising in 1984. In 2003, Pro-Cuts was acquired by Regis Corp., which also franchises City Looks, Cost Cutters Family Hair Care, First Choice Haircutters, Magicuts and Supercuts.

Franchise Units

Year U.S. Canadian International Company Owned
2013 133 0 0 0
2011 150 0 0 0
2010 165 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $94,500 - $185,100
Franchise Fee: $22,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Operations
38% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 8. Absentee ownership of franchise is allowed. (25% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3-5 days. At franchisee's location: 5 days. As needed
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks,

Franchise Ranking History

Franchise 500®: #473 (2014), #403 (2012), #345 (2011), #216 (2010),