Supercuts

Founded: 1975 Franchising since: 1979
In 1975, Frank Emmett and Geoffrey Rappaport opened the first Supercuts in Albany, California, as an alternative to both high-fashion salons and neighborhood barbershops. They developed a hair-cutting technique that took only 20 minutes so that they could offer quick and inexpensive haircuts without appointments. They also allowed their customers to pick and choose which particular services they wanted, in order to tailor their experience to their desires and budgets. With this standardized business model in place, the men began franchising in 1979, and their stores soon spread throughout the U.S.

In 1996, Supercuts was acquired by Regis Corp., which also franchises City Looks, Cost Cutters Family Hair Care and Pro-Cuts in the U.S., and Magicuts and First Choice Haircutters in Canada.

7201 Metro Blvd. Minneapolis, Minnesota 55439

Phone: (952)947-7777

Franchisor has 800 employee(s); 125 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	1027	1	0	1116
2008	995	1	0	1,137
2007	972	23	0	1,096
2006	932	22	0	1,063
2005	1,002	16	0	916

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Market specific

Total investment: $110K-239.7K Franchise fee: $22.5K

Ongoing royalty fee: 6% Term of agreement: Conditional, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $100K
Business Experience:

• General business experience
• Marketing skills
• Retail/service industry experience useful

Operations

• 82% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 6 - 8
• Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators)

Training

• Available at headquarters: 4 days
• Training center utilized

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations

Marketing Support

• Ad slicks
• National media

Franchise 500® rank:
#29 (2009); #34 (2008); #30 (2007); #40 (2006); #33 (2005);

Ranked #1 in category in:
2009; 2007; 2006; 2005;

Fastest-Growing Franchises:
#98 (2008); #65 (2006);

America's Top Global Franchises:
#26 (2009); #44 (2008); #26 (2007); #38 (2006);