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Below is an in-depth analysis and side-by-side comparison of Supercuts vs Cost Cutters Family Hair Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $151,370 - $321,020 | $148,930 - $316,700 |
Franchise Fee | $39,500 | $39,500 |
Royalty Fee | 6% | 6% |
Advertising Fee | 5% | 4% |
Year Founded | 1975 | 1982 |
Year Franchised | 1979 | 1982 |
Term Of Agreement | Conditional | 15 years |
Term Of Agreement | Conditional | 15 years |
Renewal Fee | Remodeling costs | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Training center utilized | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad slicks, National media | Co-op Advertising Ad Templates Regional Advertising Social media SEO |
Operations |
Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8
Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) |
Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8
Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
Supercuts' originator, EMRA Corp. was established in 1975 by Geoffrey M. Rappaport and Frank E. Emmett. The general population organization has been diversifying since 1979. Supercuts Inc. procured EMRA in 1987. It's situated in Minneapolis, Minnesota, and has areas all through the United States.
Owning, working, or diversifying more than 10,000 salons around the world, Regis Corporation has an unmatched profundity of mastery for building salons that flourish. A Fortune 1000 organization, we are headquartered in Minneapolis, Minn. also, publically exchanged on the NYSE (RGS).
Our relentless duty to a positive visitor encounter has made Regis the worldwide pioneer in hair mind administrations and instruction, which you can put to utilize quickly as a franchisee. You won't locate a more grounded partner in the quest for your expert objectives.
Claim a Business Everyone Needs. With a Brand Everyone Loves.
In 1963, Joe Francis opened the first The Barbers Hairstyling for Men salon in Minnesota. Five years later, the salons began styling women's hair. 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 owns a host of other hair salons, including City Looks, Regis Salons, Supercuts and We Care Hair.