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Cost Cutters Family Hair Care

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.

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, customers are strongly recommended to visit the official Cost Cutters Family Hair Care website.

Start-up Costs & Franchises Fees

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

Total Investment: $82,300-$175,100
Initial Franchise Fee: $12,500-$22,500
Royalty Fee: 6%
Advertising Fee:
Term of Agreement: 15 years

How to contact Cost Cutters Family Hair Care

Cost Cutters Family Hair Care
7201 Metro Blvd.
Minneapolis, MN
55439

Phone: (952)947-7777
Toll Free: (888)888-7008
Fax: (952)947-7300

Website: Visit Website

Franchise History

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

Year U.S.A. Canada International Corporate
2005 626 0 0 231
2004 681 0 0 185
2003 669 0 0 170
2002 722 0 0 118
2001 713 0 0 115

Expansion Plans

United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,

Financing Options

Expense In-House Third Party
Franchise Fee No Yes
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
As needed
Support
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Ad slicks, Regional advertising

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 Experience

Business Experience:
  • General business experience
  • Marketing skills
  • Retail/service industry experience useful
  • 5 Other Franchises in this Family

    Related Franchise Categories

    Listing Tags

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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. TheFranchiseMall.com 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 Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.

    COMPANY INFORMATION

    Cost Cutters Family Hair Care
    7201 Metro Blvd.
    Minneapolis, MN
    55439

    Phone: (952)947-7777
    Toll Free: (888)888-7008
    Fax: (952)947-7300

    Website: Visit Website

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