
Cash Investment (Liquid): $150,000
Minimum Investment: $145,000
Maximum Investment: $298,000
Minimum Net Worth: $500,000
Franchise Fee: $39,500
Royalty Type: Scalable
Royalty Fee Structure:
4% weeks 1-52 and 6% from week 53 to remainder of term
Ad Fee Structure:
5%
Business Type
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Retail
B2B/B2C
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B2C
Discounts:
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Vet Fran
Average # of Employees:
5-7
Participation Type:
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Executive Model
Background
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Year Established: 1976
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Year First Franchised: 1980
Supercuts
WHO ARE WE?
Supercuts, part of the Regis Corporation family of brands, is the premier brand in the hair care industry! With 2,600 salons and brand recognition above 90%, Supercuts is the flagship brand of Regis Corporation, the global leader in hair care with 9,000 salons worldwide and system-wide revenue of $2 billion.
Why US?
The hair care industry is a $65 billion dollar-a-year business that most people know little about. The industry is highly fragmented, with little organized competition. Approximately 70% of the market share is controlled by independent operators, where the owner of the business cuts hair and generally lacks a sophisticated approach to running his or her business; the other 30% is controlled by national brands like ours! Our growth at Supercuts continues to come primarily from these independent salons that are not able to effectively compete in the marketplace, creating an enormous growth opportunity for franchisees in markets throughout North America!
Support
Strong lifetime sales start before a salon even opens its doors.
A dedicated Regional Marketing Manager will help you:
1.Establish and execute a comprehensive Grand Opening strategy
2.Gain awareness and affinity in the local community
3.Attract prospective customers to your location
4.Build and maintain relationships with existing customers
5.Plan for ongoing marketing efforts
Each Supercuts salon also gets its own web page and employee recruitment materials.
Ideal Candidate
Being a Supercuts franchisee is not about cutting hair, it's about growing a multi-unit business! We are looking for professional men and women who like the idea of keeping their full-time job and growing a multi-unit, manager run business on the side. Ideal candidates will have good business and financial acumen and strong management and leadership skills. They should be long-term focused and possess a strong desire to succeed while impacting their community all while having fun!
You’ll spend your time working on your business, not in it, dedicating your time to:
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Recruiting a strong staff
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Establishing ties to your local community
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Selecting and implementing marketing plans
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Building income by executing company strategies
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Empowering employees by delegating responsibility
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Working with Regis to help the growth of your company
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Providing vision and accountability for operational excellence
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