V's Barbershop - Franchise
Do you want to own your own business in the high demand grooming industry? Then V's Barbershop is the franchise for you! Demand for our upscale barber services continues to grow as more men try to find that traditional full-service barbershop experience. Come take advantage of our operational training, marketing support and discount vendors today! Your shop will be the talk of the town!
What Does a V's Barbershop Franchise Cost?
To buy a franchise with V's Barbershop, you'll need to have at least liquid capital of $150,000 and a minimum net worth of $400,000. Franchisees can expect to make a total investment of $194,450 - $352,875. They also offer financing via 3rd party as well as a discount for veterans (10% off the initial franchise fee ($3,000 discount)). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $150,000 What does Liquid Capital mean? |
---|---|
Net Worth: | $400,000 What does Net Worth mean? |
Total Investment: | $194,450 - $352,875 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | 10% off the initial franchise fee ($3,000 discount) |
Franchisor Details
Facts about this franchise:
Total Units: | 52 |
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Home Office: | Phoenix, AZ |
Year Founded: | 1999 |
Franchising Since: | 2007 |
Opportunity for Veterans
V’s Barbershop enjoys massive demand for an upscale, stylish, traditional men’s grooming establishment. Veterans get 10% off the initial franchise fee, a $3,000 discount.
Remember the old-time barbershop that Dad took you to when you were a kid for a hair cut? By now, most of them have vanished...
In November 1999, V's Barbershop & Shoeshine® opened in Phoenix and the great old-time barbershop was reborn. From the real barber chairs, to the old fashioned hot lather and straight razor shave, to the head and neck massage, V's Barbershop sets a new standard.
Our barbers provide traditional and short hair cuts, as well as contemporary men's haircut styles. At V's, we bring you the nostalgia of yesteryear with a modern twist.
Why V's Barbershop?
- Phenomenal Success Rate!
- Best Of The Barbershops: Our average sales per store are among the highest in the industry. Take a look at Item 19 of our Franchise Disclosure Document and see the difference! Compare ours against anyone else in our industry.
- Our average unit volumes:
- 2014: $376,851
- 2015: $419,730
- 2016: $451,832
- Keep Your Job: In many circumstances, franchisee's can be 'semi-absentee' owners.
- Protected Territory: Up to 5 mile radius, throughout the term of your franchise agreement.
- Reduced Royalties: 5% rate drops to 2.5% for sales over $500k.
- Three unit program:
- Reduced franchise fees
- Royalty drops from 5% to 4% for all three units
- Dedicated Support: V's places franchisee support at the forefront of our mission. Simply put, we are there with you every step of the way.
- Close Relationship: V's does not view franchisees as a number – you are part of the V's family and treated as such!
- Continuous Growth: No matter what the economy looks like, hair keeps growing!
- No Waste: Unlike a restaurant franchise, nothing spoils.
- Unconsolidated Industry: Our competitors are largely made up of "mom and pop" shops and low-cost, convenience, salon-style shops.
- Old-School Cool: V's Barbershops are upscale venues that resonate with successful men who value their appearance and take pride in their grooming habits. There is no "quick cut" or beauty salon feel to any V's Barbershops.
Training and Support
Don't think of V's Barbershop as just a franchise… It's every bit a Manchise® business opportunity.
Not only do you get to work for yourself in this recession-resistant growth industry, you get to revive an American tradition while serving upscale clientele with your staff of professionally-trained employees — all with the support of the latest technology, proven operating philosophy and an experienced management team at your disposal.
As a V's Barbershop franchisee, you will receive training on all aspects of operating the barbershop from pre-opening, operating and employee training.* V's has created comprehensive, detailed manuals with step-by-step instructions on everything from how to select a site, how to hire and pay barbers to V's distinguished approach to hair cuts, shaves and facials. We also train you how to operate our state-of-the-art computer system, how to market your V's Barbershop and give you access to pre-selected vendors for everything you will need to purchase: barberchairs, cabinetry, artwork, towel warmers, shaving cream, straight razors — literally everything you need!
* Excludes the professional training of your licensed barbers
Corporate Support
The V's professional management team was behind the resurgence of upscale barber shops in the United States with a combined 50 years in business management and consulting. The team is always available to assist you owning a franchise. You will truly be in the barbershop business for yourself, but not by yourself.
Buying Power
V's has the power to purchase in volume and pass the savings onto our barbershop franchisees. We take the effort out of product research, price negotiation and purchasing.
Awards
V's Barbershop has received the following awards and acknowledgements:
Franchise Gator Top 100 (2014, 2015, 2016, 2017, 2018); Franchise Gator Fastest Growing (2016, 2017, 2018); Franchise Gator Top Emerging (2014, 2015, 2016, 2017, 2018)
Availability
V's Barbershop is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $150,000 in liquid capital to invest.
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