Is Supercuts a franchise? How much does a Supercuts franchise cost? Do you need info on Supercuts franchise price and fee to open one?
If you have always loved to open and own a trendy haircut salon but are afraid of the success of the business since it will be your first time, that is where Supercuts franchise comes into play.
You don’t need to bother yourself about drawing a business plan for the business, you just buy into Supercuts franchise and you are good to go. In case you don’t know anything about Supercuts franchise, I will be giving you full details about them and how you can buy into the franchise and own the haircut salon business of your dream.
Supercuts was founded in 1975 by Frank Emmett and George Rappaport. They opened their first establishment in California offering an alternative for people who want to indulge in high fashion salon and barbershops.
Over the years, Supercuts franchise has won millions of hearts by the sheer excellence of its service and brilliant follow up with its customers. The franchisees of Supercuts outnumber the mark 2000 going by the current statistic, and are bound to increase even further, owing to the growing demand of the people for availing impeccable services in hair cutting and styling.
It is indeed a noble idea to start up a Supercuts franchise by putting in handsome investment in the initial stages. The returns are, to be modest, quite considerable provided good planning and application.
The Supercuts already bears goodwill in the market, hence the newly begun franchise would not face any real problem on that part. The details of the running the business are finely dealt with mutual operations of the mother company Supercuts and the franchisees. A portion of the profit is to be given to the Supercuts in lieu of functioning under its banner.
Supercuts Franchise Offers
Supercuts franchise gives franchisees the right to own and operate a retail haircare salon under the Supercuts brand delivering haircutting and other related services to customers. Franchisees can also sell the various products of the company under a certain licenses and provisions.
So how much does it cost to open a Supercuts?
Total Investment: $112,550 – $296,200
Development/Franchise Fee: $29,500
Net Worth: $300,000
Cash Liquidity: $150,000
Royalty Fee: 6%
Term of Agreement: Conditional/Renewable.
Getting break even returns would take no time and very soon the owner will experience considerable profits.
Supercuts Franchise Financial Assistance
Supercuts does not offer direct financial assistant to its franchisees. They already have a relationship with third-party source that offer financial assistance that covers equipment, inventory and startup cost.
Supercuts Franchise Veteran Incentives
Supercuts give veteran a $2500 debate on first store franchise fee.
Supercuts Training and Assistance
Supercuts do assist in training the franchisee on the running and operation of the business. They also allow one additional person to attend the training course at no additional fee charge.
Any stylist that must work in your haircut salon must attend the hairstylist academy training program/certification. The training days goes between 2 to 5 days to complete.
All your employees will be offer a refresher course regarding the uniform and haircutting techniques applied in all Supercuts haircutting salon. All franchisees will also go through the Manager’s course at no cost.
Supercuts Terms of Agreement and Renewal
The supercuts franchise term of agreement expires upon expiration of right to lease or sublease franchise location or upon termination that the franchise is not complying to the rules given.
How to Join Supercuts Franchise?
To apply for Supercuts franchise, you need to fill up a form on their website providing your personal information and someone will get back to you to discuss your qualification. If Supercuts think you will be a good franchisee, they will send you a UFOC (Uniform Franchise Offering Circular).
Everything you need to know about the business is enclosed with the form. You will be given the opportunity to ask questions in areas that you would need clarification on so you don’t get upset when you start seeing them introducing some policy that will look new to you.
After some few days of submitting your form, you will receive a call from the qualification manager of Supercuts to discuss with about the qualities you will need to possess to be able to run your salon effectively and see if you possess them.
If you pass the qualification manager test conversation, you will then be able to see if you would be able to proceed with the financial requirement to get your haircut salon standing.
Go for the training program at Minneapolis and get certified. And which, you need to sign the franchise agreement and you are good to go.
With each passing day, the popularity of the Supercuts franchisees tends to increase. The brand has expansion plans for the future and aims for further upgrading of its facilities and deliverables. One is always ready to have a haircut at a Supercuts franchise by paying a reasonable price.