How many franchise locations do they have?
What is Supercuts grade?
What is franchise grade?
How do franchise profits work?
How Much Does a Supercuts Franchise Make (Average Revenues/Profits ...
10. In early August 2021, Regis Corporation announced that it is outsourcing product distribution, as part of an asset-light, fully-franchised model, to Beauty Systems Group and SalonCentric, Inc.
Supercuts - Average Revenues, Expenses, Operating Income (2015 FDD)
Prior to the 2012 resurgence, Supercuts rose from No. 29 in 2009 to enjoy back-to-back years at No. 5 in 2010 and 2011, but the chain fell to No. 14 in 2012 before its comeback.
SUPERCUTS Franchise Disclosure Document (FDD/UFOC)
New FDD Document for SUPERCUTS franchises. The SUPERCUTS FDD contains detailed information every prospective franchsiee should see. This Uniform Franchise Disclosure Document Report includes the SUPERCUTS franchise agreements, SUPERCUTS executive business experience + much more.
How much does it cost to franchise a supercut?
A single Supercuts franchise location requires $150,000 liquid cash and $500,000 net worth. The total investment ranges between $151,370 and $321,020. Prospective owners should have the ability to support themselves while starting their new salon. Supercuts can help well-qualified candidates secure funding through FranFund®, Inc., the nation’s fastest growing provider of franchise and small business funding solutions. Supercuts is seeking investors for corporate conversions or new locations.
What is a franchise business consultant?
A dedicated Franchise Business Consultant who visits your salons regularly to provide ongoing analysis, coaching, and assistance in meeting key objectives and achieving results.
What is the annual Regis franchise convention?
Annual Regis Franchise Convention for all Regis franchisees — an extraordinary opportunity to network, learn, and adopt proven strategies for growing your salon.
Do you need scissors for Supercuts?
What you can expect as a Supercuts franchise owner is that you won't need to pick up a pair of scissors. You’ll spend your time working on your business, not in it, dedicating your time to:
Does Supercuts have a hair care business?
No hair care experience needed. Supercuts is seeking investors for corporate conversions, as well as new locations. You can't find a stronger ally in the pursuit of your professional goals than Supercuts' parent company, the Regis Corporation. You'll have the world's most seasoned experts in the hair care business helping you build success, one salon at a time.
Who manages grand openings?
Robust grand-opening programs managed by an experienced Regional Marketing Manager who will oversee the key phases of a successful opening.
Is Regis a Fortune 1000 company?
Supercuts benefits from Regis' affiliation with 80 years of experience and expertise gained by owning, operating or franchising around 9,000 salons worldwide. A Fortune 1000 company and publicity traded on the NYSE (RGS), last year alone, Regis served over 154 million guests worldwide.
Who supervises Supercuts?
It is the franchisor’s policy, however, that the Supercuts store must at all times be under the direct, on-premises supervision of a manager (who may be the franchisee) who has completed the training program and devotes his/her entire time during business hours to managing the store.
How long does it take to become a Supercuts stylist?
All new Supercuts stylists must attend a hairstylists academy training course/certification for five days. All store managers must attend managers training, which generally requires between two and five days to complete.
Where is franchise training held?
Training is held at the franchisor’s corporate offices ( or another location the franchisor designates).
Do franchisees have to offer all products and services?
Franchisees must offer all products and services that the franchisor uniformly requires of all Supercuts stores. Franchisees may not offer or sell any products or services that the franchisor does not authorize or use the premises for any purpose other than the operation of Supercuts store.
Does Supercuts have a territory?
Territory Granted: The Franchise Agreement does not grant franchisees any territory, whether exclusive or non-exclusive. The Franchise Agreement grants franchisees the limited right and license to operate one Supercuts store at a specific location that the franchisor must approve within a specific designated marketing area (DMA). The DMA’s size will vary among prospects and, for example, may be one or more counties in rural areas or a portion of a statistical area in heavily populated major cities.
Does a franchise lease expire?
Term of Agreement and Renewal: Provided the lease or sublease has not expired and the franchisee is in good standing and not in default of any of the relevant agreements, the term extends indefinitely.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Who owns Supercuts?
In 1996, Supercuts was acquired by Regis Corp., which also franchises City Looks, Cost Cutters Family Hair Care and Pro-Cuts in the U.S., and Magicuts and First Choice Haircutters in Canada.
Where was the first supercut?
Company Overview. In 1975, Frank Emmett and Geoffrey Rappaport opened the first Supercuts in Albany, California, as an alternative to both high-fashion salons and neighborhood barbershops. They developed a hair-cutting technique that took only 20 minutes so that they could offer quick and inexpensive haircuts without appointments.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long is a franchise agreement?
Conditional. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
When did franchising start?
With this standardized business model in place, the men began franchising in 1979, and their stores soon spread throughout the U.S.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How much money do you need to buy a Supercuts franchise?
To buy a franchise with Supercuts, you'll need to have at least $80,000 in liquid capital and a minimum net worth of $500,000. Franchisees can expect to make a total investment of at least $200,000. They also offer financing via 3rd party. *
What is supercuts in hair?
Supercuts is the instantly competitive, branded choice in a marketplace full of mom-and-pop hair salons, which work for a certain segment — but not for business owners who understand the scalable potential of this need-based industry.
What is the annual Regis franchise convention?
Annual Regis Franchise Convention for all Regis franchisees — an extraordinary opportunity to network, learn, and adopt proven strategies for growing your salon
Can you grow your own supercuts?
With complete operating, marketing, and financial systems, you can focus your talents on growing your Supercuts stores. While competitors are cutting hair, you're leveraging a proven franchise system to create successful manager-run stores.
Section I – Background Information
1. In early September 2021, Leasecake, an Orlando, Florida-based commercial real estate location-management platform, announced that it is now the preferred software for tracking business-critical events at about 400 Supercuts locations in the United States.
Section II – Estimated Costs
Detailed estimates of Supercuts franchise costs, based on Item 7 of the company’s 2021 FDD.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
Detailed information on Supercuts’ initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2021 FDD.
Section V – Financial Performance Representations (Item 19, 2021 FDD) and Analysis
This Item 19 discloses the following historical financial performance information for franchised Supercuts Stores:
How many franchise locations do they have?
As of the 2021 Franchise Disclosure Document, there are 2479 franchised Supercuts locations in the USA.
What is Supercuts grade?
Supercuts is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
How do franchise profits work?
Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
Now's The Time to Make Your Move
Benefits
- A proven system
- Scalable opportunity
- Award-winning brand
- In-demand service
Investment
- $150,000 cash required $500,000 net worth $151,370 - $321,020 total investment $442,656* average revenue per salon
Training and Support
- Supercuts is dedicated to providing the best-in-class training to support you and maximize your profitability. 1. World-class training modules in business management, customer service, and recruiting. 2. Regularly scheduled phone calls to discuss service, retail, and training needs. 3. Annual Regis Franchise Convention for all Regis franchisees — a...
Ideal Candidates
- In more than 35 years of franchising success, Supercuts has found that the candidates who make the best franchisees possess: 1. Previous or current leadership experience 2. A willingness to implement and execute company strategies 3. The vision and desire to open multiple locations Of course, these aren’t mandatory. But historically, the Supercuts franchisees who have found the …