Start a Roosters Men's Grooming Centers Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $238K - $373K

Units as of 2023: 85 5% over 3 years

Roosters Men's Grooming Centers is a leader in men's grooming services as part of the Regis Corporation, which is the most prominent hair salon chain globally. Roosters Men's Grooming Centers was founded by Joe Grondin in 1999. There are over 80 franchises located in the United States and several in Canada.

Why You May Want to Start a Roosters Men's Grooming Centers Franchise

A Roosters Men's Grooming Center franchise is expected to offer clients more than a haircut; every client is unique and treated as such. In a classic barbershop environment, Roosters Men's Grooming Centers stylists and barbers create a personal experience. A Roosters Men's Grooming Centers location provides a full range of grooming services such as haircuts, beard trims, hair color, and shaving.

A franchisee with Roosters Men's Grooming Centers does not need to have experience in the beauty industry to open a location. Roosters Men's Grooming Centers values potential franchisees who have a high level of emotional intelligence and show the ability to lead and develop their teams. These qualities imply that a franchisee should have excellent communication skills and a strong business sense.

The ability to develop a strong relationship with your team and your clients is essential to Roosters Men's Grooming Centers’ philosophy in creating repeat customers. Franchisees should also be willing and able to follow the brand's proven business model.

What Might Make Roosters Men's Grooming Centers a Good Choice

A first-time visitor to a Roosters Men's Grooming Centers franchise may discover a welcoming, friendly, and professional salon. Customers should be treated warmly and feel comfortable. As a franchisee, it is your job to ensure that your franchise meets and maintains the high standards that the company set.

Franchisees may have the option to franchise one or multiple Roosters Men's Grooming Centers. Opening a Roosters Men's Grooming Centers franchise may offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

How To Open a Roosters Men's Grooming Centers Franchise

To be part of the Roosters Men's Grooming Centers team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Roosters Men’s Grooming Centers has partnered with third-party financial lenders that may help you cover the costs of the franchise fee, startup, inventory, and equipment if you qualify.

Once Roosters Men's Grooming Centers has accepted you as a franchisee, you will have their support through every step of the opening process. Franchisees have access to support in the grooming business and help with site approval and lease negotiation. Regis, Roosters Men's Grooming Centers’ parent company, has a construction division that has developed a design and décor package to ensure that your new salon aligns with other locations and upholds the brand name.

Company Overview

About Roosters Men's Grooming Centers

Industry	Personal-Care Businesses
Related Categories	Hair Care, Salon & Spa Services
Founded	1999
Parent Company	Regis
Leadership	Matthew Doctor, CEO
Corporate Address	3701 Wayzata Blvd., #500 Minneapolis, MN 55416
Social	Facebook, Twitter, Instagram

Business Overview

Franchising Since	2002 (22 years)
# of employees at HQ	201
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada
# of Units	85 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Roosters Men's Grooming Centers franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$39,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$238,166 - $372,808
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$1,200,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$350,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$2,500 rebate on first-store franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Roosters Men's Grooming Centers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	25-40 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing Support	Ad Templates Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	6
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No