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Updated RecentlyMerle Norman Cosmetics vs V's Barbershop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Merle Norman Cosmetics vs V's Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,471 - $180,888 | $192,700 - $423,100 |
| Franchise Fee | N/A | $30,000 |
| Royalty Fee | 0 | 3.5%-5% |
| Advertising Fee | - | 1% - 3% |
| Year Founded | 1931 | 1999 |
| Year Franchised | 1989 | 2005 |
| Term Of Agreement | Open-ended | 10 years |
| Term Of Agreement | Open-ended | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | Yes/No | No/No |
| Inventory | Yes/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Field training classes, field visits, advanced home office training and point-of-sale software training Classroom Training: 40 hours Additional Training: Online training | You 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | A 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing | The 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 |
Number of employees needed to run franchised unit: 2 Absentee ownership of franchisee is allowed.
| - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Merle Norman Cosmetics
Even before she opened her first studio in Santa Monica in 1931, Merle Norman's philosophy of "Try Before You Buy" was being carried out as she offered free samples of her products to neighbors, hoping they'd discover the benefits and return as paying customers. And return they did. Many even opened their own studios and the company now has studios throughout the United States and Canada. Carrying on the Merle Norman tradition, franchisees now offer skin care, from cleansers and toners to sun defense, and a full line of cosmetics.
Veteran Incentives $5,000 in inventory
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#366 in Franchise 500 for 2020.
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.
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#66 in Gator's Top franchises.
#300 in Franchise 500 for 2021.