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SuperCuts
Supercuts' predecessor, EMRA Corp. was founded in 1975 by Geoffrey M. Rappaport and Frank E. Emmett. The public company has been franchising since 1979. Supercuts Inc. acquired EMRA in 1987. It's based in Minneapolis, Minnesota, and has locations throughout the United States. By resonating with the smart, cost-conscious male market, Supercuts has established a strong leadership position within the value-salon sector. Supercuts offers a contemporary and comfortable atmosphere and appeals to men in search of a quality haircut, featuring current hairstyles at affordable prices. Its strategic locations make it convenient for customers and help to promote repeat business.
Facts & figures
The capital required to open a unit is $100,000. SuperCuts expects new franchisees to have a net worth of at least $300,000. The lowest you can expect to invest is $97,000 if you want to become a franchisee. The most you would expect to invest in a SuperCuts location is $208,000. $22,500 is the franchise fee new franchisees pay the franchisor. There are currently 2121 SuperCuts units in operation.
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