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Hair Salon
About Us
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.
Why Choose a Cost Cutters'?
For more than 20 years, we have pioneered the
lucrative value-salon sector - making
Cost Cutters an extremely strong brand and a household name.
By providing this desirable service and marketing to busy, value-conscious families and men, Cost Cutters has grown dramatically over the years.
Considering this growth, along with its convenient strip center locations, it's not surprising that Cost Cutters has established a very loyal customer base. Research shows that one-third of Cost Cutters' customers visit salons an average of seven times each year and have returned to Cost Cutters for five or more years!
Training & Support
- Available at headquarters: 4 days
- At franchisee's location: 5 days
- As needed
- ONGOING SUPPORT
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
Marketing
Ad slicks
Regional advertising
Financial
Cash Investment: $50,000
Total Investment: $82,333-175,100
Minimum Net Worth: $300K Net Worth, $100K cash/liquid
Franchise Fee: $22,500 for first location / $12,500 for each
additional
FINANCE AVAILABLE
We often include opportunities that are above your selected amount
of capital as up to 70% borrowings are usually available from banks
for those considering investing in a franchise
opportunity.
- Finance Requirements
- Franchise fee:$22,500
- Working capital:$100,000
- Total investment:$82,333 - $175,100
- Available areas
- All areas throughout the USA
