Supercuts FDD – Franchise Information, Costs and Fees
Type of Business
The name of the franchisor is Supercuts, Inc. (“SUPERCUTS”). You, as a franchisee, will have the right to own and operate a retail hair care establishment providing haircutting and related services under the “SUPERCUTS” mark and other distinctive marks. SUPERCUTS also gives to qualified persons (“Developers”) the right, subject to certain terms and conditions, to own and operate “SUPERCUTS” stores within a designated geographical area in accordance with its standard Development Agreement.
SUPERCUTS was incorporated under the laws of the state of Delaware 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.” Regis’ principal business address is 7201 Metro Boulevard, Minneapolis, Minnesota, 55439-2103. SUPERCUTS’ principal business address is 7201 Metro Boulevard, Minneapolis, Minnesota, 55439-2103, and its telephone number is 952-947-7777. The predecessor of SUPERCUTS, EMRA Corporation, was incorporated in California on September 1, 1976. The sole subfranchisor of EMRA Corporation, DION Corporation, was incorporated in California on December 24, 1980. EMRA’s predecessor in interest was a California general partnership, originally formed on October 1, 1975. The partners of this general partnership were Geoffrey M. Rappaport and Frank E. Emmett, who were the sole shareholders of EMRA Corporation. On September 1, 1976, the respective interests of Geoffrey M. Rappaport and Frank E. Emmett in the partnership were transferred to EMRA Corporation. Supercuts, Inc. acquired the stock of EMRA Corporation and the assets of DION Corporation and related franchisor obligations on September 3, 1987. On October 2, 1987, EMRA Corporation was merged into Supercuts, Inc. SUPERCUTS operated as a publicly held company from October 30, 1991 until October 25, 1996 when it was merged with Regis Merger Corporation, a wholly owned subsidiary of Regis. The principal business address of the predecessors was 555 Northgate Drive, San Rafael, California, 94903. As of June 30, 2011 there were 975 franchised Supercuts® salons and 1,123 Supercuts® salons owned and operated by Supercuts.
The total investment necessary to begin operation of a SUPERCUTS franchise is $106,050 to $199,000.