Supercuts vs V's Barbershop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Supercuts vs V's Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Supercuts Franchise
V's Barbershop Franchise
Investment $151,370 - $321,020$192,700 - $423,100
Franchise Fee $39,500$30,000
Royalty Fee 6%3.5%-5%
Advertising Fee 5%1% - 3%
Year Founded 19751999
Year Franchised 19792005
Term Of Agreement Conditional10 years
Term Of Agreement Conditional10 years
Renewal Fee Remodeling costs-


Business Experience Requirements
 
Supercuts Franchise
V's Barbershop Franchise
Experience
  • General business experience
  • Marketing skills
  • Retail/service industry experience useful
    		• -

    Financing Options
     
    Supercuts Franchise
    V's Barbershop Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Supercuts Franchise
    V's Barbershop Franchise
    Training Training center utilizedYou 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.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsA 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.
    Marketing Ad slicks, National mediaThe 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.
    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
     
    Supercuts Franchise
    V's Barbershop Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Supercuts

    Supercuts' originator, EMRA Corp. was established in 1975 by Geoffrey M. Rappaport and Frank E. Emmett. The general population organization has been diversifying since 1979. Supercuts Inc. procured EMRA in 1987. It's situated in Minneapolis, Minnesota, and has areas all through the United States.

    Owning, working, or diversifying more than 10,000 salons around the world, Regis Corporation has an unmatched profundity of mastery for building salons that flourish. A Fortune 1000 organization, we are headquartered in Minneapolis, Minn. also, publically exchanged on the NYSE (RGS).

    Our relentless duty to a positive visitor encounter has made Regis the worldwide pioneer in hair mind administrations and instruction, which you can put to utilize quickly as a franchisee. You won't locate a more grounded partner in the quest for your expert objectives.

    Claim a Business Everyone Needs. With a Brand Everyone Loves.

    When you fill a need, and show improvement over the rest, you have the formula for surprising development. That is the magnificence of diversifying with a world pioneer in hair mind.

    Franchisor is seeking new franchisees throughout the U.S., Canada, Western Europe
    Veteran Incentives
    $2,500 rebate on first-store franchise fee

    "Entrepreneur

    #26 in Franchise 500 for 2020.
    #15 in Franchise 500 for 2021.




    About V's Barbershop

    V's Barbershop is an authentic, old-time barbershop offering traditional barbering services in an upscale and uniquely masculine environment. Haircuts, old-fashioned straight-edge shaves, facials, and complimentary shoe shines. Our concept is simple: a real barbershop for real men. Remember the old-time barbershop where Dad took you when you were a kid? By now most of them have vanished. In today's age, men must choose between overpriced women's salons or low-cost, low-experience "chop shops". We've had thousands of guys tell us the same thing: "Until V's, there were no good choices." We've created a concept and an environment that men enjoy. From the real barber chairs to the hot lather old-fashioned shave and the relaxing massage you enjoy before you leave, V's has brought back the best of the old and set a new standard for men's barbershops. Financial Advantages: • Recession resistant industry • Continuous growth  • No matter what the economy looks like, hair keeps growing! • Consistent cash flow  • On average guys get a haircut every 4 weeks. It's predictable. • No waste  • Unlike a restaurant franchise, nothing spoils

    The total investment necessary to begin operation of a V's Barbershop is between $192,700 and $423,100. This includes $22,500-$30,000 for the initial franchise fee that must be paid to the franchisor or its affiliate(s). You may but are not obligated to sign a multi-unit agreement with the farnchisor at the same time that you sign the franchise agreement. You will pay some or all of the Initial Franchise Fee for each location included with your Multi-Unit Agreement at the time that you sign the Multi-Unit Agreement. There is no minimum number of units that you are obligated to open pursuant to a Multi-Unit Agreement but if you agree to open at least 3 V's Barbershop locations, the initial franchise fee for each additional unit (not including the first unit) is reduced to $22,500.

    "Top
    #66 in Gator's Top franchises.

    "Entrepreneur
    #431 in Franchise 500 for 2020.
    #300 in Franchise 500 for 2021.