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

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

• Hair Care & Cosmetics Franchise Opportunities
• Franchises $50K to $100K

Listing Tags

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http://www.thefranchisemall.com/franchises/details/10234-1-Cost_Cutters_Family_Hair_Care.htm

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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.