The Ultimate Barber - Franchise
There are few industries that are as stable as the barbershop franchise industry, and after 10 years of building The Ultimate Barber brand, an award-winning leader in Northern Virginia, the company is opening up opportunities for franchising nationwide.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Total Investment: | $95,400 - $275,900 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | Discounts on Total Franchise Fee |
Franchisor Details
Facts about this franchise:
| Total Units: | 2 |
|---|---|
| Home Office: | Clinton, MD |
| Year Founded: | 2016 |
| Franchising Since: | 2020 |
What Does a The Ultimate Barber Franchise Cost?
To buy a franchise with The Ultimate Barber, you'll need to have at least liquid capital of $50,000 . Franchisees can expect to make a total investment of $95,400 - $275,900. They also offer financing via 3rd party as well as a discount for veterans (Discounts on Total Franchise Fee) . *
Join the Winning Team
The Ultimate Men's Barbershop Experience
The Ultimate Barber provides a high-margin business model with extensive support for your barbershop franchise both at startup and throughout your business operations. We provide an extensive library of marketing content, helpful interactive operations management spreadsheets, and ongoing education and training to help your men’s salon franchise succeed.
Why The Ultimate Barber?
THE OPPORTUNITY
Hair is always growing, and people will always need a haircut. For the franchisee, this is a great opportunity.
For example, in 2018 the U.S. barber industry garnered $4 billion in combined revenue, with a 5-year CAGR of 1.8%. With the average person spending approximately $30 on each of their haircuts. Owning a The Ultimate Barber franchise opens an opportunity for entrepreneurs to earn a quick return on their investment with potential for high profit margins.
Industry Statistics:
- There are more than 140,000 businesses providing barbershop services in the United States.
- Barber shops generate about $4 billion in total revenues.
- The industry in positioned to reach $26 billion by the end of 2020.
- 71% of men stay loyal to their barber at an average of more than 7 years.
THE CONCEPT
The Ultimate Barber’s concept is based off an appointment-based business model and it is because of this, they have been extremely successful. Although they do welcome walk-ins, appointments are crucial for creating a consistent, steady flow of clients without frustrating them by having them wait for their haircut.
- Simple and High Margin Business Model: The Ultimate Barber's business model is designed for long-term success.
- Low Start-Up Cost: The Ultimate Barber offers an affordable start up cost.
- Recurring Revenue Streams: People will always be looking for their next haircut appointment.
The Ultimate Barber provides its services to men, women, and children and offers a variety of hair services, including cuts with clippers, scissors, hair coloring, scalp treatments for hair renewal, and facial hair grooming. In addition, The Ultimate Barber sells proprietary products under the Vegso Brand, including hair and beard shampoos and conditioners.
Are you ready to bring our ultimate men's grooming experience to your market?
Availability
The Ultimate Barber is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, 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 and Canada
Interested parties should have at least $50,000 in liquid capital to invest.
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