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Pro-Cuts

Hair salon

Background

Founded: 1982 Franchising since: 1984
Since 1982, Pro-Cuts has provided families, primarily throughout the South and Midwest, with affordable haircuts. The company, which was founded by a family of professional barbers and cosmetologists, began franchising in 1984. In 2003, Pro-Cuts was acquired by Regis Corp., which also franchises City Looks, Cost Cutters Family Hair Care, First Choice Haircutters, Magicuts and Supercuts.
7201 Metro Blvd.
Minneapolis, Minnesota 55439
Phone:
(952)947-7777


Franchisor has 1000 employee(s); 150 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 170 0 0 0
2008 179 0 0 0
2007 177 0 0 0
2006 177 0 0 0
2005 186 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Market driven

Special Programs
Pro-Cuts participates in the Light the Night Walk, a national fundraiser benefiting The Leukemia and Lymphoma Society. Walks are held throughout the United States, raising money to fight blood-related cancers.

Costs and Fees

Total investment: $94.1K-195.8K
Franchise fee: $22.5K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience

Operations
  • 38% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 6 - 8
  • Absentee ownership of franchise is allowed. (25% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3-5 days
  • At franchisee's location: 5 days
  • As needed

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks

Rankings

Franchise 500® rank:
#287 (2009); #408 (2008); #400 (2007); #406 (2006); #224 (2005);


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