KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Cost Cutters Family Hair Care has long been a preferred destination for haircare services, renowned for its decades-long presence in the industry. Established in 1982 with its headquarters in Minneapolis, Minnesota, the franchise has grown to become a respected name in the haircare sector.
Shortly after its founding, Cost Cutters began franchising, allowing entrepreneurs to join a brand celebrated for its high-quality services. Customers visiting Cost Cutters Family Hair Care can enjoy a variety of hair services, including haircuts, styling, coloring, and more, all performed by skilled and seasoned hairstylists.
What differentiates Cost Cutters from other haircare providers is its dedication to making professional haircare both affordable and accessible to families. They focus on delivering top-notch services at budget-friendly prices, making it a popular choice for consumers mindful of their spending.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
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Cost Cutters Family Hair Care offers an extensive training program for its franchisees, encompassing all essential aspects of running a Cost Cutters franchise. The training includes:
Training Program
Ongoing Training
The Cost Cutters Family Hair Care franchise agreement implies that while some territorial rights may be offered, these are not explicitly defined as exclusive protections. The agreement places operating restrictions on franchisees, including controls over their business location and operations.
The franchisor reserves the right to compete within the franchisee's territory, and the agreement does not guarantee automatic renewal rights. Post-term non-compete clauses are enforced to protect the interests of the franchisor and existing franchisees.
Additionally, the franchisor retains authority over lease amendments and property-related decisions. This arrangement suggests some territorial rights but does not provide absolute territory protection as seen in other franchise models.