Supercuts

Supercuts

Hair salons
Find out what franchise is right for you
2021 Franchise 500 Rank
#15 Ranked #26 last year
See the Full List
Initial investment
$151K - $321K
Units as of 2021
2,505 10.6% over 3 years

Company Overview

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.

About Supercuts

Related Categories
Hair Care, Salon & Spa Services
Founded
1975
Parent Company
Regis
Leadership
Felipe Athayde, CEO
Ticker Symbol
rgs

Franchising Overview

Franchising Since
1979 (42 years)
# of employees at HQ
340
# of Units
2,505 (as of 2021)

Franchisor Information

Corporate Address
3701 Wayzata Blvd., #500
Minneapolis, MN 55416

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Supercuts franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$39,500
Initial Investment
$151,370 - $321,020
Net Worth Requirement
$1,000,000 - $1,200,000
Cash Requirement
$250,000 - $350,000
Veteran Incentives
$2,500 rebate on first-store franchise fee
Royalty Fee
6%
Ad Royalty Fee
5%
Term of Agreement
Conditional
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Supercuts has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
24 hours
Additional Training
At training center
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
6-8
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Supercuts landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Supercuts ranked on other franchise lists? Find out below.

Ranked #15

Franchise 500 Ranking

Ranked #25

Top Global Franchises

Ranked #12

Fastest-Growing Franchises (U.S. & Canada)

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Supercuts.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

How You Can Leverage the Power of a Franchise Network

This piece explores why entrepreneurs have several reasons to consider the opportunities of franchise ownership and how you can leverage the power of a franchise network.

Ben Richmond

He worked in a maquiladora in Ciudad Juárez for 10 years. This is how he forged a new path with a franchise

In the framework of the International Day of the Entrepreneurial Woman, Araceli Meraz, who for more than 10 years decided to undertake through a franchise, shares her story with us.

Can't Rush a Good Thing: Effective Franchise Digital Marketing Takes Time

There are real advantages to giving your marketing the time it truly takes to provide a strong ROI.

5 Sales and Marketing SaaS Solutions That Will Empower Franchise Owners

Despite the global pandemic, franchise revenue and growth projections remain strong.

Max Pecherskyi

Lawsuit Over Subway Tuna Now Alleges the Meat Contains Chicken, Pork and Cattle DNA

The plaintiffs seek unspecified damages for fraud and violations of California consumer-protection laws.

Amanda Breen

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021