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Franchise: Supercuts

Initial Investment
LOW:$144,280
HIGH: $296,900
Change in Units
+8.6% +221 UNITS (1 Year)
+19.1% +446 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training at headquarters: 5 days

Additional Training: At training center

Number of employees required to run: 6 - 8

About Supercuts

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.

Founded

1975

Franchising Since

1979 (38 Years)

Corporate Address

7201 Metro Blvd. Minneapolis, MN 55439

CEO

Hugh Sawyer

Parent Company

Regis

Ticker Symbol

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Financial Requirements

Initial Investment

$144,280 - $296,900

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$29,500 - $29,500

Ongoing Royalty Fee

6%

Ad Royalty Fee

5%

Financing Options

Supercuts has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives


$2,500 rebate on first-store franchise fee

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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: August 23rd, 2017

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