百大连锁店 – Rank no.5 – 新移民致富之路

百大连锁店 – Rank no.5 – 新移民致富之路


Top 200 Franchise by Entrepreneur – Rank no.5 – Supercuts – US

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Products & Services: Hair salon

Number of Locations: 2,327

Total Investment: $103.55K – 196.5K

Founded: 1975

Began Franchising: 1979

Supercuts is a hair salon franchise with over 2,000 locations across the United States. The company was founded in the San Francisco Bay Area in 1975, by Geoffrey M. Rappaport and Frank E. Emmett. The company’s first location, which is still in existence, is in Albany, California. Its headquarters are in MinneapolisMinnesota. It is a wholly owned subsidiary of Regis, which also owns Regis Salons, Mia & Maxx, MasterCuts, Cost Cutters, SmartStyle, and First Choice Haircutters in the United States and Canada.

There are also Supercuts franchises in the United Kingdom that are owned by Regis.

About Supercuts

In 1975, Frank Emmett and Geoffrey Rappaport opened the first Supercuts in Albany, California, as an alternative to both high-fashion salons and neighborhood barbershops. They developed a hair-cutting technique that took only 20 minutes so that they could offer quick and inexpensive haircuts without appointments. They also allowed their customers to pick and choose which particular services they wanted, in order to tailor their experience to their desires and budgets. With this standardized business model in place, the men began franchising in 1979, and their stores soon spread throughout the U.S.

In 1996, Supercuts was acquired by Regis Corp., which also franchises City Looks, Cost Cutters Family Hair Care and Pro-Cuts in the U.S., and Magicuts and First Choice Haircutters in Canada.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 1,099 17 0 1,211
2012 1,027 13 0 1,226
2011 975 12 0 1,160
2010 1,025 10 0 1,098
2009 1,027 1 0 1,116
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $103,550 – $196,500
Franchise Fee: $27,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Conditional, renewable
FINANCIAL REQUIREMENTS

Net Worth: $300,000
Liquid Cash Available: $100,000

OPERATIONS

82% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 – 8. Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators).

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 days. At training center
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media,

Franchise Ranking History

Franchise 500®: #5 (2013), #14 (2012), #5 (2011), #5 (2010), #29 (2009),
Fastest-Growing: #41 (2013), #71 (2010),
America’s Top Global: #11 (2013), #13 (2012), #4 (2011), #4 (2010), #26 (2009),