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General

Industry

Health and Beauty

Category

Beauty Salon

Works with Franchise Brokers

Yes

Year of Founding

1987

Fees

Marketing Fee

5%

Royalty Fee

VARIES

Franchise Fee

$10,000-$39,500

Investment Range

$151K-$313K

Location units

Total U.S. Locations

2410

U.S. Franchised Units

2376

U.S. Corporate Units

34

Headquarters (City)

Minneapolis

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

1988

Issuance of FDD Data

05/10/2022

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$151K-$313K

Franchise Fee

$10,000-$39,500

What to know about Supercuts franchise?

Supercuts is a popular hair salon chain in the United States. The company was founded in 1975 and has multiple locations across the country. Supercuts offers a variety of services including haircuts, color, styling, and waxing. They are known for their affordable prices and convenient locations. Supercuts is a great place to get a quality haircut at an affordable price. Their stylists are trained to provide clients with the best possible service. They offer a variety of services, so customers can find what they need. Supercuts is a convenient option for those who want to get their hair done quickly and without appointments. The franchisor's name is Supercuts, Inc. ("Supercuts"). You will have the right to own and operate one or more retail hair care establishments providing haircutting and related services under the "SUPERCUTS" mark and other distinctive marks. All Supercuts outlets are franchised and independently owned and operated. As a Supercuts franchisee, you will receive certain benefits, including the use of the Supercuts name, logo, identity and trademarks; proprietary methods and systems for operating a successful hair care business; and extensive training program. You must also agree to maintain high standards of appearance and operation for your Supercuts outlet.

Supercuts is based in Minneapolis, MN. Scroll down to learn more!

How much does a Supercuts franchise cost?

Are you wondering how much is a Supercuts franchise? Before starting a Supercuts franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Supercuts franchise is $150,906 and can go all the way up to $312,878. Keep in mind, you should also allocate additional funds to live off of while the Supercuts business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Supercuts franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Supercuts business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Supercuts franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Supercuts. Hotels to the Beauty Salon, Outdoor Health and Beauty industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 1373 211 21 1562
2017 1562 151 41 1671
2018 1671 113 69 1715
2019 1714 679 73 2318
2020 2318 274 143 2449
2021 2449 144 217 2376

Additional Details

How much does a Supercuts franchise owner make?

Supercuts franchise earnings and revenue can vary significantly from one franchisee to another.
The Supercuts franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Supercuts discloses financials at the unit level. In other words, they show how much Supercuts franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Supercuts franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Supercuts. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Supercuts owners were making.

Visit the Supercuts metrics tab to explore the financials for this business.

What is the Supercuts franchise fee?

Owning a Supercuts franchise requires a variable royalty fee and 5% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Supercuts Franchise Disclosure Document

Keep in mind, there is also an initial Supercuts franchise fee of $10,000 that is included in the initial investment amount of $150,906 to $312,878. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Supercuts franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Supercuts franchise fee of $10,000.

Visit the Supercuts metrics tab to explore the financials for this business, royalty and marketing fees compare to other Health and Beauty franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Supercuts founded?

Supercuts started offering franchises in 1988. Supercuts was founded 35 years ago in 1987.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Supercuts locations are in the U.S.?

As of 2022, there were 2376 locations across the U.S. There are also 34 corporate locations. Most Health and Beauty franchises like Supercuts have more franchised locations than corporate locations.

How many Supercuts franchises opened over the past few years?

Over the prior 3 years we have data for, Supercuts has opened 1097 outlets throughout the U.S. Visit the Supercuts metrics tab to explore how the openings compare to other Health and Beauty franchises.

How many Supercuts franchises closed over the past few years?

Over the prior 3 years we have data for, Supercuts has closed 433 outlets throughout the U.S

Visit the Supercuts metrics tab to explore how the openings compare to other Health and Beauty franchises.

Is Supercuts growing? Are they opening more locations than they are closing?

The net unit growth rate for Supercuts over the past 3 years is 39%. Over the last year we have data for, Supercuts had a net unit growth rate of -3%.

Without a comparison, this number doesn’t mean much. Compare how the Supercuts growth rate compares to 2,000+ other franchises and Industry franchises like Supercuts. More info in the Supercuts metrics tab.

Is Supercuts franchise eligible for an SBA Loan?

Supercuts is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Supercuts franchise was assigned the SBA Franchise ID of S1648 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Supercuts that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Supercuts a franchise in the United States?

According to the SBA, Supercuts meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Supercuts provides you with an FDD if you are in discussion to buy a Supercuts.

What is the Supercuts Franchise for Sale Rate?

The Supercuts systemwide health and franchisee satisfaction can be measured by the Supercutsfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Supercuts franchise for sale rate over the past 3 years is 10%. Over the last year we have data for, Supercuts had a franchise for sale rate of 5%.

Without a comparison, this number doesn’t mean much. Compare how the Supercuts franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Supercuts. More info in the Supercuts metrics tab.

What is the Supercuts Franchise Failure Rate?

Supercuts franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Supercuts failure rate over the past 3 years is 18%. Over the last year we have data for, Supercuts had a franchise failure rate of 9%.

Without a comparison, this number doesn’t mean much. Compare how the Supercuts franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Supercuts. More info in the Supercuts metrics tab.

How can I find out more details on Supercuts franchise?

Visit the Supercuts metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Supercuts

$231,892

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Supercuts

VARIES

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Supercuts

$24,750

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Health and Beauty

Category

Beauty Salon

Works with Franchise Brokers

Yes

Year of Founding

1987

Fees

Marketing Fee

5%

Royalty Fee

VARIES

Franchise Fee

$10,000-$39,500

Investment Range

$151K-$313K

Location units

Total U.S. Locations

2410

U.S. Franchised Units

2376

U.S. Corporate Units

34

Headquarters (City)

Minneapolis

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

1988

Issuance of FDD Data

05/10/2022

Detailed Franchise metrics for Supercuts

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Supercuts below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Supercuts

6%

39%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Supercuts

NA

10%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Supercuts

NA

18%

Industry median

All franchises median

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Business details

Website

https://www.supercuts.com/

Business email

F*******************@regiscorp.com

Mailing address

3701 Wayzata Boulevard, Suite 500, Minneapolis, Minnesota 55416

State headquarters

Minnesota

Contact Name

Supercuts

Phone

+1 (000) 0********00

City

Minneapolis

Zip code

55416
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