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Roosters Men's Grooming Centers

2014 Franchise 500
#249
At a Glance

Products & Services: Men's grooming services and products

Number of Locations: 76

Total Investment: $181.3K - $255.4K

Founded: 1999

Began Franchising: 2002

About Roosters Men's Grooming Centers

After 30 years as a barber, Joe Grondin opened the first Roosters Men's Grooming Center in Lapeer, Michigan, in 1999. Roosters franchises offer men's haircuts, shaves and other grooming services in a traditional barbershop setting. In 2011, Roosters became part of Regis Corp., which franchises multiple other hair care franchises, including Supercuts, Cost Cutters and Pro-Cuts.

Franchise Units

Year U.S. Canadian International Company Owned
2014 76 0 0 0
2013 64 0 0 0
2012 54 0 0 0
2011 33 0 0 0
2010 24 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $181,250 - $255,350
Franchise Fee: $29,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $150,000
Operations
15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is allowed..
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: as needed. At franchisee's location: 10 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: Radio & TV ads

Franchise Ranking History

Franchise 500®: #249 (2014), #236 (2013), #310 (2012),

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