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SuperCuts
Our strategy is simple: give men and busy families what they want. That's why SUPERCUTS Salons offer a contemporary and comfortable atmosphere that appeals to those in search of current hairstyles at affordable prices.
Franchisor Background
Year Established:
1975
Franchising Since:
1975
IFA Member
CFA Member
Operating Units:
Franchised Units:
1,025
47.9%
Company-Owned Units:
1,115
52.1%
______
_____
Total Operating Units:
2,140
100%
Geographic Distribution:
U.S.:
2,070
96.9%
In 48 States
Canada:
50
2.3%
In 1 Canadian Provinces
International:
16
0.7%
In 1 Foreign Countries
______
_____
Total:
2,136
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. California
397
2. Florida
188
3. Texas
164
Registered in Following Registration States:
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$300K/100K Liq
Cash Investment:
$111-239.7K
Total Investment:
$112.6-243.2K
Average Total Investment:
$178K
Fees:
Initial Franchise Fee:
$22.5K
Average Franchise Fee:
$22K
On-Going Royalty:
4% Yr. 1/6% succ. Yrs.
Average Royalty:
5%
Advertising Fee:
4
Average Number of Employees:
5 Full-time, 4 Part-time
Space Needs (in square footage):
1,000
Preferred Sites:
Strip Center
Other Sites:
Encourage Conversions?
Yes
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
Yes
Franchisee Association/Member:
Yes, Member
Size of Corporate Staff:
900
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
Yes, Indirect
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
Yes
Regional Advertising:
No
Local Advertising:
No
Marketing Materials:
Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
