Is Regis a franchise?
About Regis Corporation: As of September 30, 2020, the Company franchised, owned or held ownership interests in 6,614 worldwide locations. Regis’ franchised and corporate locations operate under concepts such as Supercuts®, SmartStyle®, Cost Cutters®, Roosters® and First Choice Haircutters®.
How much capital do you need to start a franchise?
When opening a franchise location, franchisees will need to prepare to pay for startup costs, which can range from less than $10,000 to upwards of $5 million, but on average, startup costs come in at about $50,000 to $200,000.
Who owns Regis?
Regis Healthcare
Regis Aged Care is owned and operated by Regis Healthcare, one of the largest aged care operators in Australia.
How much is a Regis haircut?
List of Regis Salon Prices
| Service | Low End | Average |
|---|---|---|
| Women’s Haircut | $30 | $33.50 |
| Women’s Cut & Style | $38 | $38.50 |
| Men’s Haircut | $20 | $23.50 |
| Men’s Cut & Style | $28 | $28.50 |
Can I own a franchise with no money?
It’s not possible to start a franchise without any money. You’ll need to pay an initial franchise fee, and you will have other start-up costs. You might be able to free up some money with a home equity loan or by using your retirement savings.
What do you need to renew a franchise in Virginia?
Applications to renew or amend a franchise registration or exemption should include a cover letter, a check made payable to Treasurer of Virginia to cover the applicable fee (Renewal – $250; Amendment – $100), and a CD Rom or thumb drive containing all required documents in PDF format. Please do not submit paper FDD documents.
Are there any exemptions from franchise registration in Virginia?
Certain exemptions from franchise registration are available. The exemptions are based on the experience and financial condition of the franchisor, or the characteristics of the offer or grant of the franchise. To rely on an exemption, the franchisor may need to make a filing with the Division before offering or selling a franchise.
What is the Retail Franchising Act of Virginia?
The Virginia Retail Franchising Act governs the offer and sale of franchises in Virginia. The goal of the Virginia Retail Franchising Act is to provide presale disclosure and other protections for prospective franchisees. All franchises offered or sold in Virginia must either be registered or exempt from registration. (§ 13.1-560)
What is the royalty fee for a Supercuts franchise?
From first-year anniversary until the Franchise Agreement expires or is terminated, the royalty fee is 6% of combined net service revenue and net merchandise revenue. 5% of net monthly service revenues (i.e. except merchandise sales) with a potential rebate if 75% of stores in specific DMA vote in favor of rebate.