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LAST UPDATED: September 2024FRANCHISE WEBSITE:&nbsp;<a href="https://www.regiscorp.com/franchise-opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">https://www.regiscorp.com/franchise-opportunities</a>&nbsp;NUMBER OF LOCATIONS: 2,600+REPORTED COST TO GET IN: $150,906 - $312,878REPORTED ROI (Item 19): $199,275 (average gross sales FY 2021)<a href="https://www.regiscorp.com/franchise-opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Supercuts</a> is one of the most well-known salon franchises in the United States. The first Supercuts opened in 1975 in Albany, California, by a pair of hairstylists named Geoffrey Rappaport and Frank Emmett. The brand began as a modern, unisex alternative to the barbershop and the beauty salon business models, ultimately&nbsp;<a href="https://slate.com/business/2021/07/supercuts-history-hair-salon-franchise-david-lipson.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217#:~:text=The%20first%20Supercuts%20opened%20in,Robinson%2C%20a%20longtime%20Supercuts%20franchisee." target="_blank" rel="nofollow">pioneering a new kind of hair salon</a>. It is now owned by the Regis Corporation, which is also the parent company of salon brands such as Cost Cutters, Roosters and First Choice Haircutters.&nbsp;The brand has more than 2,600 no-appointment-required salons across the country that claim to offer “consistent, quality haircuts at a moment’s notice.” Trained stylists provide a range of hair services, including men’s haircuts, women’s haircuts, kids’ haircuts, color services and waxing. Supercuts also offers professional haircare products at affordable prices from brands such as Paul Mitchell, Biolage, Redken, American Crew, Nioxin and more.<h3>How Many Locations Are There?</h3>Supercuts has&nbsp;<a href="https://www.regiscorp.com/franchise-opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">over 2,600 locations</a> across the United States, with under 40 being corporate-owned. There are also stores internationally in Canada, Puerto Rico and the United Kingdom.&nbsp;<h3>What Is the Business Model?</h3>Regis Corporation says that the Supercuts franchisee profile is a multi-unit operator, and the brand prefers franchisees to have ??a multi-unit franchising experience. It&nbsp;<a href="https://www.franchisedirect.com/directory/supercuts/ufoc/237/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">is reported</a> that franchisees will operate the store at a specific location that meets the franchisor’s site selection requirements. Franchisees will not receive an exclusive territory. Franchisees must also designate one of their individual owners holding at least 10% of their ownership interests to serve as the “managing owner, and the store must have at least one on-site manager, whether that be the managing owner or another store manager.&nbsp;Supercuts stores must also offer all products and services the franchisor periodically specifies. The store may not offer, sell, or otherwise distribute any products or services the franchisor has not authorized.<h3>How Much Can Supercuts Franchise Owners Make?</h3>According to Supercuts’ 2022 Item 19,&nbsp;<a href="https://www.franchisechatter.com/2022/01/10/fdd-talk-how-much-does-a-supercuts-franchise-make-average-revenues-and-or-profits/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">the following data</a> discloses the historical average, median, and high/low store gross sales during the 12-month period ending June 30, 2021, for 2,229 franchised Supercuts Stores operating throughout the United States.&nbsp;Top 1/3 (742 Stores)<ul><li>Average Gross Sales: $297,415&nbsp;</li><li>Number and Percentage Exceeding Average: 275/37.06%&nbsp;</li><li>Median Gross Sales: $277,141&nbsp;</li><li>Highest Gross Sales: $675,988&nbsp;</li><li>Lowest Gross Sales: $225,044&nbsp;&nbsp;</li></ul>Middle 1/3 (744 Stores)&nbsp;<ul><li>Average Gross Sales: $186,961&nbsp;</li><li>Number and Percentage Exceeding Average: 378/50.81%&nbsp;</li><li>Median Gross Sales: $187,720&nbsp;</li><li>Highest Gross Sales: $224,706&nbsp;</li><li>Lowest Gross Sales: $151,876</li></ul>Bottom 1/3 (743 Stores)&nbsp;<ul><li>Average Gross Sales: $113,598&nbsp;</li><li>Number and Percentage Exceeding Average: 442/59.49%&nbsp;</li><li>Median Gross Sales: $120,593&nbsp;</li><li>Highest Gross Sales: $151,856&nbsp;</li><li>Lowest Gross Sales:&nbsp;$1,923&nbsp;</li></ul>All (2,229 Stores)&nbsp;<ul><li>Average Gross Sales: $199,275&nbsp;</li><li>Number and Percentage Exceeding Average: 982/44.06%&nbsp;</li><li>Median Gross Sales: $187,715&nbsp;</li><li>Highest Gross Sales: $675,988&nbsp;</li><li>Lowest Gross Sales: $1,923</li></ul><h3>How Much Does it Cost to Open a Supercuts?</h3>To buy a Supercuts franchise, owners need to have liquid capital of at least $80,000 and a minimum net worth of $500,000.&nbsp;The total investment range to open a Supercuts franchise is anywhere from $150,906 to $312,878.&nbsp;These costs include:&nbsp;<ul><li>Development Fee/Franchise Fee: $10,000 - $39,500</li><li>Leasehold Improvements: $60,000 - $120,000</li><li>Furniture, Fixtures and Equipment: $25,000 - $50,000</li><li>Construction Management Services: $5,500 - $7,500</li><li>Construction and Design Plan Review: $500 - $1,000</li><li>Post Build Review: $1,500 - $3,000</li><li>Computer Software: $2,040</li><li>Computer Hardware/Installation and Onsite Training: $1,876 - $2,418</li><li>Opening Inventory: $5,000 - $10,000</li><li>Hairstylists Academy Training Fees (6-8 people): $1,440 - $1,920</li><li>Travel and Living During Franchisee Orientation Training: $2,050 - $4,500</li><li>One Month’s Rent and Security Deposit: $4,000 - $12,000</li><li>Grand Opening Advertising Expenses: $5,000</li><li>Signs: $6,000 - $12,000</li><li>Professional Fees: $6,000 - $12,000</li><li>Additional Funds (3 Months): $15,000 - $30,000</li></ul>For new stores, there is a combined service and merchandise royalty fee of 4% of the combined net service revenue and net merchandise revenue from the opening date until the first year anniversary. From the first year anniversary until the Franchise Agreement expires or is terminated, the royalty fee is 6% of combined net service revenue and net merchandise revenue.<h3>What Is the Franchise Fee for Supercuts?</h3>The franchise fee for Supercuts ranges from $10,000 to $39,500.<h3>Who Are the Leaders of Supercuts (Regis Corp.)?</h3><ul><li><a href="https://www.linkedin.com/in/matthew-d-1a06ba13/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Matthew Doctor, President and CEO</a></li><li><a href="https://www.linkedin.com/in/jim-lain-64063a141/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Jim Lain, EVP and COO</a></li><li><a href="https://www.linkedin.com/in/kersten-zupfer-cpa-inactive-950b762/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Kersten Zupfer, EVP and CFO&nbsp;</a></li><li><a href="https://www.linkedin.com/in/johndavi/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">John Davi, EVP and Chief Digital Officer&nbsp;</a></li><li><a href="https://www.linkedin.com/in/michael-ferranti/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Michael Ferranti, EVP and Chief People Officer&nbsp;</a></li><li><a href="https://www.linkedin.com/in/jamie-suarez/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Jamie Suarez, SVP, Merchandising and Education</a></li><li><a href="https://www.linkedin.com/in/michellestlawrence/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Michelle DeVore, SVP &amp; Head of Marketing</a></li></ul><h3>What Helpful Articles Can I Read to Learn More?&nbsp;</h3><ul><li><a href="https://slate.com/business/2021/07/supercuts-history-hair-salon-franchise-david-lipson.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217#:~:text=The%20first%20Supercuts%20opened%20in,Robinson%2C%20a%20longtime%20Supercuts%20franchisee." target="_blank" rel="nofollow">Supercuts Pioneered a New Kind of Hair Salon</a></li><li><a href="https://www.franchisedirect.com/directory/supercuts/ufoc/237/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Supercuts Franchise Costs &amp; Fees</a></li><li><a href="https://www.franchisechatter.com/2022/01/10/fdd-talk-how-much-does-a-supercuts-franchise-make-average-revenues-and-or-profits/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">FDD Talk: How Much Does a Supercuts Franchise Make</a></li><li><a href="https://1851franchise.com/5-hair-care-franchises-we-love-2716533#stories">5 Hair Care Franchises We Love</a></li><li><a href="https://www.entrepreneur.com/franchises/directory/supercuts/282848?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">Start a Supercuts Franchise in 2024</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings?utm_source=1851franchise.com&amp;utm_medium=article&amp;utm_campaign=Power%20Rankings">Power Rankings&nbsp;</a>to read more on brands making moves.&nbsp;Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&amp%3Butm_medium=article&amp%3Butm_campaign=franchise-deep-dive-mcdonalds-franchise-costs-fees-profit-and-data-2720737&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-supercuts-franchise-costs-fees-profit-and-data-2721217" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey. Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: Supercuts Franchise Costs, Fees, Profit and Data

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Franchise Deep Dive: Supercuts Franchise Costs, Fees, Profit and Data

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