
Franchise Costs
Liquid Capital Required: | $120,500 - $283,000 |
Franchise Fee: | $15,000 |
Franchisee Options
Financing: | Via 3rd party |
Training: | Available |
Franchisor Details
Incorporated Name: | Hair Cuttery |
Home Office: | Vienna, VA |
About Hair Cuttery
At Hair Cuttery, we provide more than 16 million hair and beauty services each year to our clients. Clients can easily walk into our salons without an appointment and receive affordable haircuts with a full array of hair and beauty services, from coloring and styling to straightening, permanent waves, conditioning treatments, and waxing, as well as a wide selection of professional haircare products.
Values & History
Hair Cuttery was established in 1974, Virginia; Today, it represents the largest privately-held salon chain in North America.
The brainchild of Dennis and Ann Ratner, Hair Cuttery, now encompasses approximately 12,000 Associates with over 850 Salons in 16 states. The phenomenal growth of the company can be traced back to its original business model, which consisted of three concepts—convenience, price, and consistency.
Industry Performance
According to the report, spas and beauty salons market has a considerable potential comprising of both men and women's beauty and personal care products and services.
This industry was valued at around USD 128.59 billion in 2017 and is expected to reach approximately USD 190.81 billion in 2024, growing at a CAGR of slightly above 5.80% between 2018 and 2024.
Purchasing a Hair Cuttery Franchise
The estimated investment required to purchase a Hair Cuttery Franchise ranges from $120,500 to $283,000. There is also an initial franchise fee of $15,000-$25,000, which grants you the license to run a business under the Hair Cuttery brand name.
Ideal Candidate & Qualifications
You don't necessarily need experience in the hair and beauty industry. We are looking for potential franchise owners that have a strong commitment to customer service and strong business management skills.
Training & Support
To enhance revenues and customer satisfaction, we provide comprehensive training (financial, operational, and management) as well as assistance with site selection, lease negotiation, layout, and interior décor, onsite training, marketing, and advertising assistance, and product and merchandising support.