Cost Cutters Family Hair Care - Franchise
Quick Franchise Summary
The Cost Cutters franchise is a leader in the value-salon sector offering expertly trained stylists who provide hairstyles at affordable prices without the need for an appointment. Learn more about the costs, benefits, and available locations today!
Cost Cutters Family Hair Care
Franchise Cost, Fees & Facts
|Minimum Cash Required||$100,000|
|Net Worth Required||$300,000|
|# of Existing Units||827|
Available In These States:
Cost Cutters Family Hair Care - Franchise Information
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 franchises a host of other hair salons, including City Looks, Supercuts, Pro-Cuts, Magicuts and First Choice Haircutters.
Cost Cutters is dedicated to providing you and your family with quick and convenient haircare services, by professional stylists that care about you. You will find Cost Cutters in over 800 locations across the United States - each offering a relaxed haircare experience with no-appointments, no-frills and no-hassles.
To be sure, every Cost Cutters franchise owner has been where you are right now - contemplating the thought of owning a business. You are considering the risk factors, the work involved, the financial investment, and which type of business is best suited for you.
No Experience Necessary
Cost Cutters truly is a business that can boast "no experience necessary" as most of the current 189 franchise owners are not professional stylists. They are accountants, airline pilots, veterans, doctors, lawyers, Realtors, homemakers and so on. Regardless of background, they share in being investors in a proven franchise within a rapidly growing industry.
A Cost Cutters salon is an all-cash business with no receivables, requiring only an inventory of haircare products. A salon is typically a 1,000-1,500 square foot space located in powerstrip centers, neighborhood centers and outlet centers. Truly the height of convenience for everyone - from families to individuals on tight working schedules - we are where they shop.