Change in Units
About Cost Cutters Family Hair Care
In 1982, Francis diversified even more, founding family salon Cost Cutters. Twelve Cost Cutters centers opened that first year, and six years later, the 300th salon opened. Today, Cost Cutters is owned by Regis Corporation, a Minneapolis-based company that also franchises a host of other hair salons, including City Looks, Supercuts, Pro-Cuts, Magicuts and First Choice Haircutters.
Liquid Cash Requirement
Initial Franchise Fee
Ongoing Royalty Fee
Ad Royalty Fee
Cost Cutters Family Hair Care has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment
$2,500 franchise fee rebate on first store
Franchise 500® Rank History
No historical data available.
Highest Rank: 71
Lowest Rank: 198
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.
Operations & Franchisor Support
Training Onsite: 5 days
Training at headquarters: 5 days
Additional Training: As needed
Absentee Ownership Allowed
Number of employees required to run: 6 - 8
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: June 2nd, 2016Reprints & Licensing
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