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 | Cost CuttersFamily Hair Salon |
Business Type
FranchiseMin Liquid Capital
$100,000Total Investment
$100,000Required Net Worth
$300,000Number of Units
865In Business Since
1963* For Current Info See:
Franchise Disclosure Document
Overview
Every Cost Cutters franchise owner has been where you are right now— contemplating the thought of owning a business. You're considering the risk factors, the work involved, the financial investment, and which type of business is best suited for you.
Franchise owners have the advantage of starting immediately with the benefits of name recognition, proven operating practices, shared buying power, marketing support, on-site training, business consulting and more.
Franchise owners have the advantage of starting immediately with the benefits of name recognition, proven operating practices, shared buying power, marketing support, on-site training, business consulting and more.
Products & Services
Cost Cutters is dedicated to providing you and your family with convenient haircare services, by professional stylists who care about your needs. You'll find more than 850 locations across the United States-each offering a relaxed haircare experience with no appointments and no hassles.
Cost Cutters is the perfect choice for busy, value-conscious families and men. Our customers appreciate the range of styles offered, at a price easy-to-afford. Just visit one of our salons and choose the services you want from our menu of cuts, styling, color and perms. Then relax, because Cost Cutters makes things easy and affordable for you and your family.
Cost Cutters is the perfect choice for busy, value-conscious families and men. Our customers appreciate the range of styles offered, at a price easy-to-afford. Just visit one of our salons and choose the services you want from our menu of cuts, styling, color and perms. Then relax, because Cost Cutters makes things easy and affordable for you and your family.
Training & Support
We will not only get you started, we will partner with you for the long run. Training is #1 with Cost Cutters. You are taught customer service, employee relations, sales tracking and just about every aspect of the business that can help with your success. And training doesn't stop when you open your doors. We'll keep you current on operations and business procedures as long as you own your franchise.Technical consultants, artistic directors and vendor experts will frequently visit your location to present the latest hair techniques. We also offer in-salon workshops and an extensive library of educational DVDs. To help improve management skills and promote a positive salon environment, we hold ongoing training programs for store managers.
Our marketing staff is made up of experts who know how to attract customers and keep them there. They have designed a grand opening package that works. On top of that, you can be assured of exciting promotional marketing and in-store signage to attract new customers and build customer loyalty.
Award-winning advertising - including print ads, direct mail, radio and TV - is provided. You will also have an opportunity to take part in merchandising events that are designed to attract attention to your salon and draw new business. All franchisees contribute to an exclusive advertising fund - managed by a group of franchisees and executives - that supports national and local market advertising and promotions.
Why Cost Cutters?
The Growing Value of Convenience
The Cost Cutters franchise concept responds to a universal desire: to get more, pay less and save time. Our insight into customers’ needs has helped us dominate this lucrative value-salon sector—making Cost Cutters an extremely strong brand and a household name. Our convenient locations make us especially appealing to busy families and men. We employ expertly trained stylists who provide current hairstyles at an affordable price without the need for an appointment.
The Cost Cutters franchise concept responds to a universal desire: to get more, pay less and save time. Our insight into customers’ needs has helped us dominate this lucrative value-salon sector—making Cost Cutters an extremely strong brand and a household name. Our convenient locations make us especially appealing to busy families and men. We employ expertly trained stylists who provide current hairstyles at an affordable price without the need for an appointment.
Are You a Good Fit for Cost Cutters?
Cost Cutters at a Glance- Year of inception: 1982
- Number of locations: Approaching 1,000
- Geographic coverage: United States, Canada
- Franchisee profile: Multi-unit operator looking to own three or more units
- Previous experience: No salon experience necessary
- Financial requirements: $100,000 liquid assets and $300,000 net worth
- Initial investment: $22,500 (each additional franchise $12,500)
