Rooster’s Mens Grooming Center
Roosters MGC is a leader in the emerging male segment of the $65 Billion hair care industry. We have created a unique business model that serves men between the ages of 20-65 (and their sons) by providing quality haircuts and men’s grooming services, in a relaxed, upscale, male oriented environment. Roosters MGC is uniquely positioned in the “sensible middle” between over priced independent salons that focus primarily on women and the discounters that provide a no-frills experience and compete on price. Rooster’s operates in the ultimate recession resistant industry and enjoy a high level of built-in demand. We are pioneering the re-emergence of the “male only” segment of the hair care industry and have very little direct competition. We stand above the competition by focusing on quality, value, service and the customer experience!
Industry Characteristics:
* $65 Billion a year industry
* Recession Resistant
* Built-in Demand
* Under Competitive business
* Cash Business with no Receivables
* Technology Resistant
* Cyclically Stable Industry
Roosters Advantage
Unique focus on Male Customer
Pioneering new segment of industry
Franchisee keeps full-time job
Manager runs locations
Open multiple units
Limited time commitment
Low startup requirements ($180k-$240k)
Background
Year Established: 1999
Year First Franchised: 2004
Franchised Units: 30
Company Owned Units: 1
Projected New Units (12 months): 10
States/Countries Registered In: CA, WA, NY, VA, The only states that we are NOT registered are: MD, IL, MN, RI, SD, ND at this time
Availability in Canada: Masters / Area Developer: No.
States, from which Broker Referrals are not being accepted: MD, IL, MN, RI, SD, ND at this time
Financial/Terms
Cash Investment: $60-$90K per location
Total Investment: $200K per location
Minimum Net Worth: $350K
Franchise Fee: $35K
Discounts: VetFran, Women, Minorities? Yes. ($1,000. discount)
VetFran Program Participant: Yes. ($1,000. discount)
Royalty: 5%
Ad: 1%
Average # of Employees: 6-10
Passive Ownership Allowed: Yes. Locations are manager run and franchisees open multiple locations.
Earnings Claims: Yes
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