Start-Up Costs and Fees |
||
| V's Barbershop | Supercuts | |
| Investment | 192700 - 423100 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | 3.5%-5% | 6% |
| Advertising Fee | 1% - 3% | 5% |
| Year Founded | 1999 | 1975 |
| Year Franchised | 2005 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| V's Barbershop | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| V's Barbershop | Supercuts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| V's Barbershop | Supercuts | |
| 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. | Training center utilized |
| 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. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 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 slicks, National media |
| Operations | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) | |
Expansion Plans |
||
| V's Barbershop | Supercuts | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, 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, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| V's Barbershop | |
| Supercuts | |
| Franchise Fee | |
| V's Barbershop | |
| Supercuts | |
| Royalty Fee | |
| V's Barbershop | 3.5%-5% |
| Supercuts | 6% |
| Advertising Fee | |
| V's Barbershop | 1% - 3% |
| Supercuts | 5% |
| Year Founded | |
| V's Barbershop | 1999 |
| Supercuts | 1975 |
| Year Franchised | |
| V's Barbershop | 2005 |
| Supercuts | 1979 |
| Term Of Agreement | |
| V's Barbershop | 10 years |
| Supercuts | Conditional |
| Renewal Fee | |
| V's Barbershop | |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| V's Barbershop | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| V's Barbershop | No |
| Supercuts | No |
| Start-up Costs | |
| V's Barbershop | |
| Supercuts | |
| Equipment | |
| V's Barbershop} | |
| Supercuts | |
| Inventory | |
| V's Barbershop | |
| Supercuts | |
| Receivables | |
| V's Barbershop | |
| Supercuts | |
| Payroll | |
| V's Barbershop | |
| Supercuts | |
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. |
| Supercuts | Training center utilized |
| 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. |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 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. |
| Supercuts | Ad slicks, National media |
| Operations | |
| V's Barbershop | |
| Supercuts | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| V's Barbershop | |
| Supercuts | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, 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, |
| Canada Expansion | |
| V's Barbershop | |
| Supercuts | |
| International Expansion | |
| V's Barbershop | |
| Supercuts | |