Rank no.440 – Magicuts – US
Products & Services: Salon services
Number of Locations: 113
Total Investment: $138K – 204.5K
Began Franchising: 1981
Magicuts is a full-service salon with locations in Zellers department stores throughout Canada. Its parent, Regis Corp., also franchises City Looks, Cost Cutters Family Hair Care, First Choice Haircutters, Pro-Cuts and Supercuts.
Startup Costs, Ongoing Fees and Financing
Total Investment: $138,000 – $204,500
Franchise Fee: $27,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $300,000
Liquid Cash Available: $100,000
Franchise Ranking History
Franchise 500®: #440 (2013), #203 (2012), #185 (2011), #305 (2010), #353 (2009),
America’s Top Global: #160 (2012), #147 (2011),
CHOOSE YOUR STYLE
At Magicuts, you can expect the best. We offer excellent, upscale style at prices that won’t stretch your budget. Choose from a full selection of salon services. Whether you need a trendy cut, highlights, or a special style, Magicuts will exceed your expectations.
Conveniently located in local shopping centres throughout Canada, Magicuts is readily accessible and will easily fit into your busy schedule.
Magicuts has all the services you need to create and maintain your personal style. Stop in for a cut, shampoo and style. Why not try something different? A perm or texture service can give limp locks a boost. Highlight any style with a colour service from Magicuts. Whether all-over colour or foil highlights, luminous colour can brighten any look.