V's Barbershop vs Phenix Salon Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of V's Barbershop vs Phenix Salon Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  V's Barbershop Phenix Salon Suites
Investment 192700 - 423100 308130 - 1387420
Franchise Fee
Royalty Fee 3.5%-5% $0.30/sq. ft.
Advertising Fee 1% - 3% $0.06/sq. ft.
Year Founded 1999 2007
Year Franchised 2005 2010
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  V's Barbershop Phenix Salon Suites
Experience

Financing Options
  V's Barbershop Phenix Salon Suites
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  V's Barbershop Phenix Salon Suites
Training You don't have to be a barber! You'll receive a week of on-site training plus 3 separate step-by-step manuals on how to open and operate your shop. On-The-Job Training: 12 hours Classroom Training: 19 hours
Support A Team of Experts The V's management team have a combined 50 years experience in the barbering industry and another 40 years experience in business management and consulting. We're here to help you. It's a Barbershop! A business investment has never before been this fun. *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support
Marketing The V's Buzz - Newspapers, magazines and television networks are already reporting on the success of V's Barbershop. The end result is powerful brand recognition that delivers dynamic results for our franchisees. We provide In-store promotions, direct mail, email campaigns, print advertising and more. Ad Templates National Media Regional Advertising Social media Website development
Operations Absentee ownership is allowed

Expansion Plans
  V's Barbershop Phenix Salon Suites
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
V's Barbershop
Phenix Salon Suites
Franchise Fee
V's Barbershop
Phenix Salon Suites
Royalty Fee
V's Barbershop 3.5%-5%
Phenix Salon Suites $0.30/sq. ft.
Advertising Fee
V's Barbershop 1% - 3%
Phenix Salon Suites $0.06/sq. ft.
Year Founded
V's Barbershop 1999
Phenix Salon Suites 2007
Year Franchised
V's Barbershop 2005
Phenix Salon Suites 2010
Term Of Agreement
V's Barbershop 10 years
Phenix Salon Suites 7 years
Renewal Fee
V's Barbershop
Phenix Salon Suites


Business Experience Requirements
Experience
V's Barbershop
Phenix Salon Suites

Financing Options
 
Franchise Fees
V's Barbershop No
Phenix Salon Suites No
Start-up Costs
V's Barbershop
Phenix Salon Suites
Equipment
V's Barbershop}
Phenix Salon Suites
Inventory
V's Barbershop
Phenix Salon Suites
Receivables
V's Barbershop
Phenix Salon Suites
Payroll
V's Barbershop
Phenix Salon Suites

Training & Support
Training
V's Barbershop You don't have to be a barber! You'll receive a week of on-site training plus 3 separate step-by-step manuals on how to open and operate your shop.
Phenix Salon Suites On-The-Job Training: 12 hours Classroom Training: 19 hours
Support
V's Barbershop A Team of Experts The V's management team have a combined 50 years experience in the barbering industry and another 40 years experience in business management and consulting. We're here to help you. It's a Barbershop! A business investment has never before been this fun.
Phenix Salon Suites *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support
Marketing
V's Barbershop The V's Buzz - Newspapers, magazines and television networks are already reporting on the success of V's Barbershop. The end result is powerful brand recognition that delivers dynamic results for our franchisees. We provide In-store promotions, direct mail, email campaigns, print advertising and more.
Phenix Salon Suites Ad Templates National Media Regional Advertising Social media Website development
Operations
V's Barbershop
Phenix Salon Suites Absentee ownership is allowed

Expansion Plans
US Expansion
V's Barbershop
Phenix Salon Suites Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
V's Barbershop
Phenix Salon Suites
International Expansion
V's Barbershop
Phenix Salon Suites