Hair Care (General)

Cost Cutters

Minneapolis, MN · Founded 1982 · CCST

The Barbers, Hairstyling for Men & Women, Inc. grants franchises to qualified individuals and business entities to develop and operate retail hair care establishments identified by the COST CUTTERS® trademark, offering haircutting, styling, and related salon services as well as selling hair care and styling products.

2026 Franchise 500
Unranked
405
units (2025)
-12.5%
year over year

Units by Year

644
2021
605
2022
521
2023
463
2024
405
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$180,990 – $342,340
FDD Item 7
Franchise fee
$39,500
FDD Item 5
Ad fund
4%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

Cost Cutters requires you to pay these fees by direct bank transfer to Cost Cutters’ bank account.

Leadership

  • Michael J. Merriman

    Chairman of the Board of Directors

  • Lockie Andrews

    Director

  • Mark S. Light

    Director

  • Michael Mansbach

    Director

  • M. Ann Rhoades

    Director

  • Nancy Benacci

    Director

  • Susan Lintonsmith

    Director

  • Jim Lain

    Interim President and Chief Executive Officer, Regis Corporation

  • Kersten Zupfer

    Executive Vice President and Chief Financial Officer, Regis Corporation

  • Michael Ferranti

    Executive Vice President Brand Operations – Smartstyle, First Choice Haircutters, Roosters, and Portfolio Brands, Regis Corporation

On File

FDD years
Select a year to open the FDD
Franchisee records
37
Current roster rows
Signed, not open
7
FDD Item 20, Table 5
Franchising for
55 yrs

Franchise Disclosure Documents

Also in Hair Care (General)

More in Personal-Care Businesses

Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.