Regis Signs Sale, Conversion Agreement for 190 Ohio Salons

Regis (RGS) on Wednesday said it has agreed to sell and convert a further 190 company-owned salons to its asset-light franchise portfolio located in Ohio and surrounding areas to Super C Group.

No financial terms were disclosed.

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The salons will be remodeled and converted to Supercuts and Cost Cutters over the coming months, and the transitions will begin in the Cleveland area in June. The salons are currently branded as Famous Hair, Best Cuts, Fiesta Salons, First Choice Haircutters and BoRics Hair Care.

The agreement makes Super C the largest Cost Cutters franchisee for Regis.

Earlier in 2019, the Super C Group bought and converted 66 salons in Michigan to Supercuts, making them the largest Supercuts franchisee in the Midwest.