Cost Cutters Family Hair Salon Franchise Opportunity
Discover the business potential of opening a Cost Cutters Family Hair Salon franchise. Learn about the initial investment, business model, and the exceptional support provided by the Regis Corporation.
About Cost Cutters Family Hair Salon
Founded in 1982, Cost Cutters Family Hair Salon is committed to providing quality hair care services at affordable prices for the entire family. With over 600 locations across the United States, Cost Cutters is a part of the Regis Corporation, one of the largest hair salon chains globally.
Why Choose Cost Cutters Family Hair Salon?
- Established Brand: Leverage the reputation and marketing power of an established brand.
- Comprehensive Services: Cost Cutters offers not just haircuts but also a full range of coloring services and hair care products.
- Community Engagement: Promotions, special deals, and social media engagement help build a loyal customer base.
- Convenience: Walk-ins are welcome, making the service accessible for busy families.
What Makes It a Good Franchise Choice?
- Non-Technical Requirements: You don’t need to be a qualified hairstylist. The focus is on leadership and managing the business.
- Training and Support: Benefit from a comprehensive training program and continuous support from the Regis Corporation.
- Strategic Location Assistance: Receive expert help in selecting a high-potential location for your salon.
- High Standards: Setup guidance ensures your salon meets the company's quality standards.
Financial Requirements & Ongoing Fees
- Initial Franchise Fee: $39,500
- Initial Investment: $150,466 - $308,558
- Net Worth Requirement: $1,000,000 - $1,200,000
- Cash Requirement: $250,000 - $350,000
- Veteran Incentives: $2,500 rebate on the first-store franchise fee
- Ongoing Fees:
- Royalty Fee: 6%
- Ad Royalty Fee: 4%
- Term of Agreement: 15 years, with an option to renew
Training & Support Offered
- Classroom Training: 24 hours of initial training
- Ongoing Support:
- Purchasing Co-ops
- Newsletter
- Meetings & Conventions
- Toll-Free Line
- Grand Opening assistance
- Online Support
- Security & Safety Procedures
- Lease Negotiation
- Field Operations
- Site Selection
- Proprietary Software
- Franchisee Intranet Platform
- Marketing Support:
- Co-op Advertising
- National Media
- Regional Advertising
- Social Media Operations
Additional Details
- Employees Needed: 6-8 per salon
- Exclusive Territories: Not available
- Absentee Ownership: Not allowed
- Home or Mobile Operation: Not applicable
- Part-Time Operation: Not applicable
- Franchise Term Renewable: Yes
Ready to Learn More?
If you're ready to make an informed decision, we encourage you to download the franchise disclosure document or fill out the free information request form on this page. Join the Cost Cutters Family Hair Salon franchise and style your way to success!
Key Takeaways
- Cost Cutters Family Hair Salon offers a well-established brand and comprehensive support from the Regis Corporation.
- Financial requirements include an initial investment ranging from $150,466 to $308,558 and a net worth of $1,000,000 to $1,200,000.
- The franchise offers extensive training and continuous support to ensure your success.
- Opportunities are available across the United States, with no requirement for franchisees to be professional stylists.
Cost Cutters Family Hair Salon Franchise Disclosure Documents
Franchise Disclosure Documents are available for free download. 3-page PDF files are available without entering your name and email address, and full-length PDF files are available for free download after entering your name, phone, and email address.
The Most Recent FDD for Cost Cutters Family Hair Salon is From 2021.
Previous Franchise Disclosure Document Versions: