Cost Cutters Family Hair Care Franchise

Hair salon for families

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.

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Please Note: The operators of Cost Cutters Family Hair Care, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Cost Cutters Family Hair Care website.

How much does it cost to open a Cost Cutters Family Hair Care Franchise?

The investment required to open a Cost Cutters Family Hair Care Franchise is between $148,930-$316,700. There is an initial franchise fee of $39,500 which grants you the license to run a business under the Cost Cutters Family Hair Care name.

Individual Unit Costs

Initial Investment:
$148,930-$316,700
Initial Franchise Fee:
$39,500
Royalty Fee:
6%
Advertising Fee:
4%
Term of Agreement:
15 years

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News and Press Releases

Cost Cutters Family Hair Care Ranks #125 On Franchise 500 List
Cost Cutters salons are dedicated to providing you and your family with convenient hair-care services by professional stylists who care about your needs. You'll find more than 700 salon locations across the United States, each offering a relaxed hair-care experience with no appointments and no hassl...

Cost Cutters Family Hair Care News & Press Releases

Cost Cutters Family Hair Care Franchise Growth History

When did the first Cost Cutters Family Hair Care open? 1982
When did Cost Cutters Family Hair Care start Franchising? 1982

Cost Cutters Family Hair Care Franchise Expansion Plans

United States: Nationwide

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

Third Party Financing Source(s): ILC & WINR

Training & Support

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

Business 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)

Qualifications & Business Experiences

Business Experience:

General business experience

Marketing skills

Retail/service industry experience useful

How much does a Cost Cutters Family Hair Care Franchise owner make?

To calculate how much income a franchise owner can do at Cost Cutters Family Hair Care Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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Listing Tags

cost cutters, self employment opportunities, regis corporation, beauty salon, hair salons

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Legal Disclaimer: This information is not a franchise offering for Cost Cutters Family Hair Care and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Cost Cutters Family Hair Care franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.