V's Barbershop vs Men's Hair House Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of V's Barbershop vs Men's Hair House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$192,700 - $423,100 | $159,310 - $351,770 |
Franchise Fee |
$30,000 | $35,000 |
Royalty Fee |
3.5%-5% | 4%-4.5% |
Advertising Fee |
1% - 3% | 2% |
Year Founded |
1999 | 2013 |
Year Franchised |
2005 | 2015 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
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. | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
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.
#66 in Gator's Top franchises.
#431 in Franchise 500 for 2020.
#300 in Franchise 500 for 2021.
About Men's Hair House
There is nothing quite like the Men’s Hair House vibe, and we’ll show
you how you can replicate it in your own location(s) - so that customers
are sure to feel it, as soon as they walk through your front doors.
Leather armchairs will greet your customers in the lounge area featuring
big-screen TVs, complimentary peanuts, refreshing beverages, and men’s
magazines.
As a men’s salon franchise owner, you can do it all: be your own boss,
cultivate your team’s and your business’ growth, and meet the growing
demand for men’s salon services! And whether you have experience in the
salon industry or not, or even if you currently own a salon or
barbershop and are looking to take it to the next level, Men’s Hair
House provides you with the business model, tools, and support you need
to run an efficient and effective men’s salon franchise operation. Find
out more about how you provide best-in-class men’s salon services - as
you operate your own Men’s Hair House franchise.
The total investment necessary to begin operation of a Men’s Hair House
start-up franchise is $186,170 to $351,770. This includes $28,000 that
must be paid to the franchisor and/or its affiliate, as appropriate. The
total investment necessary to begin operation of a Men’s Hair House
conversion franchise is $159,310 to $311,170. This includes $22,400 that
must be paid to the franchisor and/or its affiliate, as appropriate.