Last updated on November 25, 2018 by Franchise Chatter Leave a Comment in FDD Talk 2021: Salon Franchises, Franchise Earnings, Salon Franchise


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10. After developing the pattern that all future Supercuts stores would follow, Rappaport and Emmett started franchising the principle in 1979. The company ongoing to flourish over the next decade, and also by the mid-1980s, Supercuts ended up being the second largest salon chain in the United States, trailing only Memphis-based Fantastic Sam’s.

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11. In 1987, Supercuts was acquired by a group of Chicago-based endeavor capitalists operating under the name Knightsbridge Partners. Under the new leadership, Supercuts increased rapidly, yet this success did not last. To assist save the firm, Knightsbridge offered Supercuts to the Regis Corporation in 1996. Today, Supercuts is still owned by the Regis Corporation and also tright here are over 2,660 Supercuts salons in the United States, Canada, and Western Europe.

Entrepreneur’s Franchise 500

12. Supercuts ranked No. 14 on Entrepreneur’s 2018 Franchise 500 list.

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Section II – Estimated Costs

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

Section IV – Number of Franchised and Company-Owned Outlets

Franchised

2015

Outlets at the Start of the Year: 1,195Outallows at the End of the Year: 1,373Net Change: +178

2016

Outallows at the Start of the Year: 1,373Outlets at the End of the Year: 1,562Net Change: +189

2017

Outlets at the Start of the Year: 1,562Outlets at the End of the Year: 1,671Net Change: +109

Company-Owned

2015

Outallows at the Start of the Year: 1,130Outlets at the End of the Year: 1,056Net Change: -74

2016

Outallows at the Start of the Year: 1,056Outlets at the End of the Year: 1,017Net Change: -39

2017

Outallows at the Start of the Year: 1,017Outlets at the End of the Year: 946Net Change: -71

Section V – Financial Performance Representations (Item 19, 2018 FDD) and also Analysis

Part 1 – Average Store Gross Sales Information

The initially percent of the adhering to financial performance depiction discloses historic average and also median Store gross sales throughout the 12-month duration finishing June 30, 2017 for 1,132 franchised Supercuts Stores operating throughout the USA.The Stores whose gross sales were consisted of in order to calculate the average and also median were open up for at leastern 2 complete years as of July 1, 2016, the beginning of the 12-month duration for which the numbers were calculated (definition that the Stores were open for at leastern 3 full years as of June 30, 2017).As of June 30, 2017, there were a secondary 539 franchised Supercuts Stores operating throughout the United States. However, those Stores’ gross sales were not had in this calculation because they either (a) were not open at all as of July 1, 2016, the start of the 12-month duration for which the numbers were calculated, or (b) had not been open up for 2 complete years as of that date.The adhering to information has actually been compiled from the figures reported on sales and also aristocracy statements submitted by the franchisees of these 1,132 franchised Stores. While Supercuts believes this information to be accurate and also complete, it has actually not separately audited this indevelopment or otherwise confirmed its accuracy.The 1,132 franchised Stores included in this financial performance representation are located in the adhering to states: Alabama (15) Arkansas (13) Arizona (34) The golden state (265) Connecticut (4) Coloracarry out (9) District of Columbia (1) Florida (48) Georgia (19) Idaho (9) Illinois (38) Indiana (8) Iowa (8) Kansas (6) Kentucky (3) Louisiana (18) Maine (16) Maryland (2) Massachusetts (88) Michigan (1) Missouri (11) Mississippi (6) Nebraska (14) Nevada (1) New Hampshire (24) New Jersey (27) New Mexico (15) New York (6) North Carolina (11) Ohio (6) Oklahoma (66) Oregon (17) Pennsylvania (92) South Carolina (9) South Dakota (2) Tenneswatch (13) Texas (127) Utah (2) Vermont (3) Virginia (18) Washington (47) West Virginia (3) Wisconsin (5) Wyoming (2)

Average Gross Sales of Franchised Supercuts Stores


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