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.
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 & Franchise Fees
How much does it cost to open a Cost Cutters Family Hair Care franchise?
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
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Cost Cutters Family Hair Care
7201 Metro Blvd.
Minneapolis,
MN
55439
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Phone: (952)947-7777
Toll Free: (888)888-7008
Fax: (952)947-7300
Website: Visit Website
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Franchise History
When did the first Cost Cutters Family Hair Care open? 1982
When did Cost Cutters Family Hair Care start franchising? 1982
| 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
| 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
Listing Tags
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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.
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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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