Supercuts, one of the largest and most iconic salon brands in the country, has been ranked the number one hair-care franchise in the U.S. and the fifth best franchise opportunity overall in Entrepreneur magazine's annual "Franchise 500" issue. The Regis Corporation, parent company of Supercuts, is the authority on franchise business ownership in the hair care industry and offers a time-tested business model for anyone looking to start building a business of their own - no prior business or hair-care experience necessary. Supercuts will train you to run the business, and how to hire the right professional stylists to perform the actual services. If you are a professional considering business ownership, inquire about opening a hair care franchise with Supercuts!
Why Choose the Hair Care Industry?
The success of any franchise is dependent on the nature of the business. Unlike food service franchises with perishable inventory, round the clock hours, and unskilled labor, hair care is an industry worthy of consideration because it:
- Is fundamental service in any community and any economic climate.
- Most people choose not to ‘do it themselves’
- Resists technological obsolescence
- Is staffed by professionals – employees are educated, certified and trained
- Has low, non-perishable inventory requirements.
- Cannot be outsourced
- Is about making people look and feel good about themselves.
A strong relationship between franchiser and franchisee is imperative to the success of any franchise, as well as the capability of your franchisor -- their financial health and their ability to keep products, services, and marketing current and relevant. Supercuts is owned by Regis Corporation. Regis is the global leader in hair care service. They are a Fortune 1000 company with almost 13,000 salon locations among 60 brands in hair care services, products, and education. Supercuts is Regis Corporation’s flagship franchise brand. Since 1922, Regis’s success has stemmed from their continued ability to innovate according to demand. Even in 2009’s economic uncertainty, Supercuts provided franchisees with the knowledge and confidence to open eighty new Supercuts across the country, bringing the franchise to over 2,100 locations throughout North America.
To foster a symbiotic relationship with franchisees, Regis uses total transparency to provide learning opportunities and offer access to the latest information and best practices on financial performance, incremental revenue opportunities, operational improvements, marketing, hiring, retention and business growth strategies. Regis is equally as invested in the success of franchised salons as their franchisees are.
Gary Grace, president of the Supercuts Franchise Association and a multi-unit franchisee himself, attributes the salon brand's success to the excellent working relationship that franchisees have with Regis Corporation. "This franchise has a tremendous, built-in support system that is hard to create on your own," Grace said. "We have strong leadership, attend conferences, share best practices and even have an online community bulletin board where we post questions, help each other out, and offer advice. Overall, this recognition reflects how well we all work together – from each Supercuts stylist to our franchisee network to Regis Corporation and their support."
How Can I Franchise a Supercuts?
Just like any other business, a franchise business will take sufficient capital to run while you’re getting to profitability as well as a willingness to be part of team, tenacity, making sound decisions, leadership and execution.
A potential franchisee must have the following qualifications:
- $150K net worth minimum
- Some business experience
- Willing to open multiple units (Minimum of 3)
I received a sample bag and the information from the Regis Corporation in exchange for this post. No other compensation was received.