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Updated RecentlyCost Cutters Family Hair Care vs American Male Salon Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cost Cutters Family Hair Care vs American Male Salon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $148,930 - $316,700 | $172,250 - $356,500 |
| Franchise Fee | $39,500 | N/A |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 4% | 1% |
| Year Founded | 1982 | - |
| Year Franchised | 1982 | - |
| Term Of Agreement | 15 years | 5 years |
| Term Of Agreement | 15 years | 5 years |
| Renewal Fee | - | - |
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/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO | - |
| Operations |
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 | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Cost Cutters Family Hair Care
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.
Veteran Incentives $2,500 rebate on first-store franchise fee
#244 in Franchise 500 for 2020.About American Male Salon
In 1997, American Male set out to change the way men thought about a haircut. Not a typical barber shop and not a typical salon, American Male is a hybrid of both. At each of our men’s hair salon locations in Reading, Berwyn, Lebanon, and Las Vegas, we have successfully taken the best elements from both experiences to create a comfortable place for men to not only get a haircut, hand detailing or waxing service but also learn the best way to handle all their grooming concerns.
We take special care to ensure all our staff goes through detailed training and is an expert in their profession. Our stylists love what they do and are honored to have guys from all walks of life as their clients.