V's Barbershop Franchise LLC

V's Barbershop Franchise LLC

V's Barbershop Franchise LLC
#426

Initial Investment

LOW: $194,450
HIGH: $352,875

Change in Units

+30.0% +9 UNITS (1 Year)
+36.7% +11 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1999

Franchising Since

2005 (11 Years)

Corporate Address

4801 E. Indian School Rd., #3 Phoenix, AZ 85018

CEO

Jim Valenzuela

About V's Barbershop Franchise LLC

V's Barbershop was inspired by founder Jim Valenzuela's fond memories of going to barber shops with his father, and his desire to recreate that experience with his own son. He opened his first shop in 1999, and in 2005, he began franchising. V's Barbershops offer hair cutting, shaving, massages and facials.

Financials

Financial Requirements

Initial Investment

$194,450 - $352,875

Net-worth Requirement

$400,000

Liquid Cash Requirement

$100,000 - $150,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Veteran Incentives


$5,000 off franchise fee

Franchise 500® Rank History

  • 2013 - 384
  • 2016 - 426

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 2 days

Additional Training: At an existing shop

Ongoing Support
Purchasing Co-ops
Newsletter
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 5 - 9

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 24th, 2015

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