FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
FranNet Verified BrandFranchise Costs
| Liquid Capital Required: | $150,000 |
| Net Worth Required: | $750,000 |
| Total Investment: | $195,750 - $334,850 |
| Franchise Fee: | $39,500 |
| Royalty Type: | 6% |
Franchisee Options
| Financing: | Via 3rd party |
| Training: | Available |
| Veteran Discount: | Yes |
Franchisor Details
| Incorporated Name: | Roosters MGC International, LLC |
| Total Units: | 85 |
| Year Founded: | 1999 |
| Home Office: | Minneapolis, Minnesota |
About Roosters Men's Grooming Center
Roosters MGC is the leading provider of men's grooming services, having pioneered a revolutionary business model directed at serving men between the ages of 20 and 65. Professional haircut and grooming services in a relaxed atmosphere — that's the promise that Roosters MGC delivers on. With our focus on quality, value, service, and exceeding the customer's expectations every time, we've developed a unique brand backed by a world-class company that stands above the competition in every way, providing franchise owners with multiple and repeat streams of revenue that will help them to realize their financial and personal success.
Values & History
At Roosters MGC our franchise model is based on building business, not just cutting hair. Positioning ourselves as the “sensible middle” between overpriced independent hair care salons that tend to focus primarily on women and discount operations that offer little more than traditional haircuts, our approach emphasizes quality and value with a dedication to service excellence that our patrons will find more than affordable. Backed by the franchise experience and knowledge of our multi-brand parent company, The Regis Corporation, Roosters MGC operators gain access to industry experts from the largest grooming-focused chain in the world.
Industry Performance
Men's grooming care services are the fastest-growing segment of the $65 billion hair care industry, and this specific market is projected to reach $26 billion in revenue by 2020. As one of the ultimate recession-resistant industries, our franchisees enjoy built-in demand with very little direct competition in the “male-only” segment of the hair care industry.
Purchasing a Roosters Men's Grooming Center Franchise
Investors interested in opening a Roosters MGC location will need to have a minimum net worth of $750,000, access to at least $150,000 in liquid cash, and a credit score of at least 680 in order to be considered for this opportunity. Financing options are currently unavailable. Prospective candidates should expect an initial total investment range between $195,750 and $334,850 for the typical operation.
Ideal Candidate & Qualifications
Roosters MGC represents the ideal semi-absentee business model for prospective entrepreneurs. We are constantly on the lookout for professionally minded men & women who are interested in keeping their full-time job while growing a multi-unit business run by a manager. Ideal candidates will possess exceptional business knowledge and financial understanding, as well as excellent leadership skills. Management experience is essential to success, and our franchise owners should be focused on long-term growth and development while maintaining a strong desire to make a significant positive impact in their communities.
Training & Support
Franchise owners and their staff of managers and employees must complete an intensive Initial Training Program, with a portion of the training being administered at our corporate headquarters in Minnesota. Additional training takes place on-site at your chosen location, and we provide ongoing support and business guidance throughout the life of our business relationship.
FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Available In:
Roosters Men’s Grooming Center is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming