V's Barbershop Franchise LLC
At a Glance
Products & Services: Upscale men's barbershop
Number of Locations: 9
Total Investment: $190.95K - 373K
Founded: 1999
Began Franchising: 2005
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2009 | 6 | 0 | 0 | 3 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Georgia, Idaho, Illinois, Kansas, Massachusetts, Minnesota, Missouri, Mississippi, Montana, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, United States, Utah, Vermont, West Virginia, Wyoming.
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Georgia, Idaho, Illinois, Kansas, Massachusetts, Minnesota, Missouri, Mississippi, Montana, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, United States, Utah, Vermont, West Virginia, Wyoming.
Startup Costs, Ongoing Fees and Financing
Total Investment: $190,950 - $373,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $50,000
Operations
Number of employees needed to run franchised unit: 5 - 9. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters. At franchisee's location: 2 days. At an existing shop
Ongoing Support: Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks, Regional advertising,