V's Barbershop Franchise LLC

V's Barbershop Franchise LLC

Upscale barbershops
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2021 Franchise 500 Rank
#300 Ranked #431 last year
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Initial investment
$193K - $423K
Units as of 2020
47 30.6% over 3 years

Company Overview

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.

About V's Barbershop Franchise LLC

Related Categories
Hair Care
Founded
1999
Parent Company
V's Barbershop Holdings LLC
Leadership
Jim Valenzuela, President & CEO

Franchising Overview

Franchising Since
2005 (16 years)
# of employees at HQ
7
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
47 (as of 2020)

Franchisor Information

Corporate Address
2320 W. Mission Ln., #3
Phoenix, AZ 85021

Information for Franchisees

Here’s what you need to know if you’re interested in opening a V's Barbershop Franchise LLC franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$192,700 - $423,100
Net Worth Requirement
$500,000
Cash Requirement
$100,000
Veteran Incentives
10% off franchise fee
Royalty Fee
3.5-5%
Ad Royalty Fee
1-3%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
25 hours
Classroom Training
20 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where V's Barbershop Franchise LLC landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where V's Barbershop Franchise LLC ranked on other franchise lists? Find out below.

Ranked #300

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021