Supercuts FDD – Franchise Information, Costs and Fees
Type of Business
You will have the right to own and operate one or more retail hair care establishments providing haircutting and related services under the “SUPERCUTS” mark and other distinctive marks.
Supercuts, Inc. is a Delaware corporation established on July 9, 1987, and is a wholly-owned subsidiary of Regis Corporation, a Minnesota corporation. Regis, Regis is a publicly-held company on the New York Stock Exchange trading under the symbol “RGS.” Supercuts’ and Regis’ principal business address is 3701 Wayzata Boulevard, Suite 500, Minneapolis, Minnesota 55416. They began offering SUPERCUTS franchises in January 1988.
The total investment necessary to begin operation of a new Supercuts franchise is $150,906 to $312,878 (including initial real estate lease costs). This includes $32,356 to $79,878 that must be paid to the franchisor or affiliate (for a new Supercuts Store to be developed, not an existing company-owned Store to be purchased). You generally sign a Development Agreement even if you want only a one Store franchise. If you want to develop more than one Supercuts Store, you will sign a Development Agreement. The development fee depends on the number of Stores you want to develop and whether you are an existing franchisee or a new franchisee.