Pro-Cuts Classic

Pro-Cuts Classic

Not Ranked

Initial Investment

LOW: $94,500
HIGH: $185,100

Change in Units

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Company Profile

Founded

1982

Franchising Since

1984 (32 Years)

Corporate Address

7201 Metro Blvd. Minneapolis, MN 55439

CEO

Dan Hanrahan

Parent Company

Hawkins Pro-Cuts, Inc.

Ticker Symbol

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.

Financials

Financial Requirements

Initial Investment

$94,500 - $185,100

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$22,500

Ongoing Royalty Fee

6%

Ad Royalty Fee

5%

Financing Options

Pro-Cuts Classic has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Franchise 500® Rank History

Highest Rank: 216

Lowest Rank: 473

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 3-5 days

Additional Training: As needed

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 6 - 8

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Disclaimer

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, 2016

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