Pro-Cuts
Yes, we actively support the inclusion and development of minority-owned franchises in the Pro-Cuts system.
Pro-Cuts 7201 Metro Blvd.
Minneapolis, MN 55439-2130
800#: (888) 888-7008 Tel: Fax: (952) 995-3406
E-mail: franchisemail@regiscorp.com
Web Site: www.regisfranchise.com
Contact: Ms. Stephanie Theis, Development Coordinator
PRO-CUTS is the salon of choice for men and families looking for the convenience, value and friendliness of a neighborhood salon. PRO-CUTS salons feature a contemporary, new décor package that provides a bright, functional and welcoming atmosphere. Located in high-traffic areas, PRO-CUTS salons offer a pleasant and authentic hometown experience that can't be found in most chain salons.
Franchisor Background
Established: 1982
First Franchise: 1984
Franchise Units: 182
Company-Owned Units: 0
Total Units: 182
Distribution:
> North America -- Operations in 12 States
> States/Provinces with Greatest Density: 136 in TX, 18 in OK, 8 in NM
Units Owned by Minorities:
>African-American: 1%
>Hispanic: 1%
>Asian-American: 7%
>Native American: 0%
>Other:
Average Number of Employees: 5 FT, 4 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $30-36K
Total Investment: $84.6-148.3K
Average Total Investment: $116K
Minimum Net Worth: $300K/100K Liq
Fees
>Franchise: $25K
>Average Franchise Fee: $25K
>Royalty: 4% Yr. 1/6%
>Advertising: 5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements:Yes/3
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 900
On-Going Support: C,D,E,G,h (for an explanation click here)
Training: 4-5 Days Minneapolis, MN.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
|
New
Search: Alphabetical
| Industry
Type | Avg
Total Investment | Avg
Franchise Fee | Total
Units
|
|