Total investment:

$ 192,500

Franchise fee:

$ 30,000

Royalty fee:

3,5-%

Marketing fee:

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Year founded: 1999

Franchise since: 2005

Company owned units:

Franchise owned units: 43

Total number of units:

Number of employees per unit: 3

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

V’s Barbershop franchise incorporates the best traditional practices of grooming services with the high-end feel of an exclusive men’s club environment. V’s Barbershop franchise opportunities are due to the support of the latest technology, well-established operating approaches, and an experienced management team. A new franchisee starts receiving pre-opening, operating and employee trainings before opening a V’s Barbershop hair salon franchise. How to start the V’s Barbershop franchise? Familiarize yourself with the barber shop franchise cost and profit and investment information, initial fees, franchise requirements and locations available for sale.

How to open a V’s Barbershop franchise?
Ensure you have adequate capitalization.
In order to open the V’s Barbershop hair salon franchise, you must have a net worth of $500,000.
Appreciate the investment required for a restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a V’s Barbershop franchise owner.
Assess market availability.
You will want to look at the market availability for V’s Barbershop franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
Submit your application.
Your application will be reviewed by the V’s Barbershop franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
Receive approval & opening your V’s Barbershop franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

On-The-Job Training: 24 hours
Classroom Training: 20 hours

Net-worth Requirement: $500,000
Liquid Cash Requirement: $100,000; Ad Royalty Fee: 1-3%


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