Supercuts Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$39,500
Investment required
$185,000 - $318,000
Royalty fee
4% to 6%

Supercuts: Leading the Way in Haircare Franchising

Supercuts, a well-established hair salon franchise, was founded in 1975 and started franchising in 1979. Based in Minneapolis, Minnesota, Supercuts is part of the Regis Corporation and has become a prominent name in the U.S. haircare franchise market.

Supercuts stands out by providing a variety of services such as haircuts, color treatments, highlights, perms, and styling, appealing to a diverse customer base. The Supercuts franchise model is designed to be user-friendly, even for those without prior hair care experience.

As a franchisee, your primary responsibilities will include effectively managing the business, recruiting a competent staff, fostering community connections, executing marketing strategies, and motivating employees.

Supercuts presents a strong opportunity for entrepreneurs aiming to enter the stable and expanding hair care industry.

Initial investment

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.

Type of Expenditure Amount
Development Fee/Franchise Fee $39,500
Leasehold Improvements $60,000 - $120,000
Furniture, Fixtures & Equipment $25,000 - $50,000
Construction Management Services Fee $5,500 - $7,500
Construction and Design Plan Review $500 - $1,000
Post Build Review $1,500 - $3,000
Computer Software (Point of Sale System) $2,040 ($170 per month)
Computer Hardware/Installation and Onsite Training $1,876 - $2,418
Opening Inventory $5,000 - $10,000
Hairstylists Academy (HSA) Training Fees (for 6 to 8 people) $1,440 - $1,920
Travel and Living Expenses during Franchisee Orientation Training $2,050 - $4,500
One Month's Rent and Security Deposit $4,000 - $12,000
Grand Opening Advertising Expenses $10,000
Signs $6,000 - $12,000
Professional Fees $6,000 - $12,000
Additional Funds (3 months) $15,000 - $30,000
Estimated Initial Investment (including initial lease costs) $185,406 - $317,878

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Number of units

2024
Franchised units

2,373

2,252

2,070

Company-owned units

34

18

7

Total units

2,407

2,270

2,077

Franchise Disclosure Document

Training 

The franchisor offers its franchisees a detailed training program encompassing several vital components:

Initial Training Course: Franchisees are required to attend and successfully complete an initial training course focused on operating a "Supercuts" location. Additional managerial employees are also welcome to attend this course.

Haircutting Employee Training: All new haircutting employees must complete a 5-day initial training course, conducted by either the franchisor or a Certified Technical Trainer (CTT) designated by the franchisee. Employment for haircutting staff is contingent upon completing this training.

Recertification Course: Employees must attend a recertification course provided by the franchisor before their "Certificate of Competency" expires. Successfully completing this course renews their certificate for another year.

Management Training: The franchisor may require any management employee of the franchisee to attend training courses relevant to their job responsibilities. The franchisee is responsible for all costs associated with this training.

Ongoing Training: Additional or specialized training, guidance, and assistance may be provided by the franchisor upon request, though there is no obligation to offer specific ongoing training.

Territory Protection

Franchisees are not granted exclusive territorial rights. While they are required to operate their Supercuts store at a location approved by the franchisor, they do not receive exclusive rights to any particular geographic area or territory.

This means that the franchisor has the discretion to open additional Supercuts locations or approve new franchisees within the same region. As a result, franchisees must focus on delivering excellent service and building a loyal customer base to maintain a competitive edge within their market.

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