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.
