V's Barbershop vs Hairhouse Warehouse Franchise Comparison

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

Start-Up Costs and Fees
 
V's Barbershop Franchise
Hairhouse Warehouse Franchise
Investment $192,700 - $423,100$350,000 - $550,000
Franchise Fee $30,000$66,000
Royalty Fee 3.5%-5%6%
Advertising Fee 1% - 3%3%
Year Founded 19991992
Year Franchised 20051998
Term Of Agreement 10 years7 years+7
Term Of Agreement 10 years7 years+7
Renewal Fee --


Business Experience Requirements
 
V's Barbershop Franchise
Hairhouse Warehouse Franchise
Experience -Passion; Enthusiasm; Financial Security; Self Motivation; Team Leadership Skills; Willingness to work with a positive attitude.

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

Training & Support
 
V's Barbershop Franchise
Hairhouse Warehouse Franchise
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. Industry leading training and development Every new franchisee goes through a comprehensive induction program. This program covers a range of administrative skills and hands-on training key to a successful Hairhouse Warehouse franchise. All training is run in our most successful, best-practice stores. Our training doesn't stop when we hand you the keys. From day one, new franchisees one-on-one mentoring from a member of the operations team to ensure that you have the knowledge and tools to succeed as a long term franchisee with Hairhouse Warehouse. We take a multi-channel approach to training. We've aligned ourselves with multiple training providers all recognised as leaders in their areas of specialisation. They are there to help you meet some of the more specific needs of your business. We offer the very best training across the core areas of our business: salon services, retail and business management. Access to training and development programs is not dependant on store locations � we ensure that all training is available no matter where you are.
Support 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 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.

National marketing support All our franchises have access to the Hairhouse Warehouse Marketing Fund. This means you can develop marketing and advertising for your franchise, when and where you need it. We've sought out the best and brightest marketing and advertising professionals the industry has to offer to make sure your store does as well as it possibly can. You can develop marketing across a range of mediums: TV Radio Retail catalogues Magazines Press Web
Operations -The majority of our Franchisee's are not hairdresser, their staff are. We look for motivated, enthusiastic people, passionate about the brand and the idea of owning an exciting and rewarding retail business. The HHWH concept has been proven time and time again and replicated continuously throughout Australia so incoming Franchisee's can be confident they will have all the tools necessary to succeed in the franchise operation.

Expansion Plans
 
V's Barbershop Franchise
Hairhouse Warehouse Franchise
US Expansion --
Canada Expansion --
International Expansion -Yes

Company Overviews

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.








About Hairhouse Warehouse

We'll help you get ahead As a part of Hairhouse Warehouse, you'll be able to take advantage of our great buying power. This means you can offer your customers better prices on more brands. You'll also have access to our proven operating system that we've been using for 20 years. With a simple turnkey operation, the Hairhouse network just keeps on growing � we've opened over 130 stores and are always welcoming new branches to the family. Multiple revenue streams As a Hairhouse Warehouse franchisee, you will not only be able to offer your customers a massive array of professional hair care and beauty products, but also a range of industry-leading hair and beauty services. Having a range of revenue streams is a core part of any healthy business. It helps you maintain a steady income year round. With a Hairhouse Warehouse franchise, you can take advantage of well-established business offering a range of strategically-chosen revenue streams: A massive range of hair and beauty products Full-service Matrix salon Hair extensions Body piercing Spray tanning Manicures and pedicures Waxing Makeup and beauty And heaps more! Work for yourself, not by yourself Tap into the expertise of seasoned professionals to get advice from our entire support network including marketing, operations, buying, franchising, IT and finance departments. Hairhouse Warehouse has sourced fully approved bank accreditation with a number of leading Australian banks including CBA, ANZ and Westpac subject to individual application and approval.