Hair Salon & Barbershop Franchise Available

Cost Cutters

16 Locations
Minneapolis, MN, USA
Founded 1982
5,000 Employees

About Cost Cutters

Company overview and description

Cost Cutters is a well-established hair salon chain in the United States, part of the Regis Corporation's diverse portfolio. Since its founding in 1982, the brand has focused on providing affordable, walk-in haircuts and salon services, appealing to families and individuals who value convenience and quality. Initially gaining traction in the Midwest, Cost Cutters expanded its reach by offering straightforward, accessible pricing that resonated with a broad customer base. By the early 2000s, the brand had become a familiar presence in strip centers and suburban retail areas, with hundreds of locations nationwide.

As of November 2025, Cost Cutters operates over 600 salons across more than 35 states, with a strong presence in the Midwest, South, and select Western markets. The brand's growth strategy combines both corporate-owned and franchised locations, allowing it to adapt to local markets and expand efficiently. Headquartered in Minneapolis, Minnesota, Regis Corporation provides Cost Cutters with operational support and industry expertise, enhancing the brand's stability and reach.

The appeal of Cost Cutters lies in its ability to deliver consistent and reliable haircare services at prices accessible to a wide range of customers. This makes the brand a valuable tenant for landlords looking for businesses that generate steady foot traffic and can withstand economic fluctuations. Cost Cutters salons are typically designed to be clean, modern, and efficient, occupying spaces between 1,000 to 1,400 square feet. This flexible format allows for easy integration into various retail environments, including grocery-anchored centers, power centers, and high-visibility outparcels.

In recent years, Cost Cutters has maintained a steady expansion posture, focusing on suburban and secondary markets with strong population growth and retail redevelopment. The brand's franchise-driven model supports its growth, making it an attractive partner for landlords and developers aiming to enhance the service offerings within their properties.

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Company Information

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Contact Information

Corporate Address

Headquarters Location 3701 Wayzata Blvd, Suite 500
Minneapolis, MN 55416
USA
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Key Metrics

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0
Locations
0
Employees
1982
Founded
$100M - $500M
Annual Revenue

Business Type

Hair Salon & Barbershop

Parent Company

Regis Corporation

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Additional Notes

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All data verified as of November 2025. Parent company Regis Corporation is publicly traded (NYSE: RGS). Cost Cutters is actively franchising and expanding in suburban and secondary markets. Real estate contacts are based at corporate headquarters in Minneapolis, MN.

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