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SuperCuts

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SuperCuts
7201 Metro Blvd.
Minneapolis, MN 55439-2103
800#: (888) 888-7008
Tel: (952) 947-7394
Fax: (952) 995-3406
E-Mail: [email protected]
Web Site: www.regisfranchise.com
Contact: Ms. Stephanie Theis, Franchise Coordinator


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


Established: 1987
First Franchise: 1988
Franchise Units: 971
Company-Owned Units: 1,032
Total Units: 2,003

Distribution:
U.S. -- 1937; Canada -- 48; International -- 18
-North America -- Operations in 48 States
-States/Provinces with Greatest Density: 387 in CA, 177 in FL, 164 TX

Projected New Units Over Next 12 months: 100
Franchisee Qualifications: 5, 5, 1, 3, 4, 5
(Click here for an explanation)

Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 5 FT, 4 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; SC (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $30-35K
Total Investment: $106.9-197.9K
Average Total Investment: $152.4K
Minimum Net Worth: $300K

Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 4-6%
-Average Royalty: 5.0%
-Advertising: 4%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): Evergreen
Passive Ownership: Allowed
Area Development Agreements: Yes/3
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: Yes
Size Of Corporate Staff: 900
On-Going Support: C,D,E,G,H (Click here for an explanation)
Training: 4-5 Days Minneapolis, MN.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: No

Note: NR = No Response by Franchisor.
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