Wednesday
May262010
Pro-Cuts Franchise
Hair salon for families
Since 1982, Pro-Cuts has provided families throughout the South and Midwest with affordable haircuts. The company, which was founded by a family of professional barbers and cosmetologists, began franchising in 1984.
Start-up Costs & Franchises Fees
What is the total cost to open a Pro-Cuts Franchises?
Total Cost: $84,600-$148,300
Total Franchise Fees: $12,500-$22,500
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $2500
Contact Information for Pro-Cuts
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Pro-Cuts |
Phone Number: (952)947-7777 |
Historical Expansion
In what year did Pro-Cuts begin operations? 1982
When did Pro-Cuts begin selling franchises? 1984
Year United States Canada International Corporate 2004189 0 0 0 0 2006 177 0 0 0 2005 186 0 0 0 2004 189 0 0 0 2003 198 0 0 9
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes