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Updated RecentlyV's Barbershop vs Cirque Salon Studios Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of V's Barbershop vs Cirque Salon Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $192,700 - $423,100 | $572,837 - $743,085 |
| Franchise Fee | $30,000 | $40,000 |
| Royalty Fee | 3.5%-5% | 5% |
| Advertising Fee | 1% - 3% | 1% Nat'l + At least $500/mo local |
| Year Founded | 1999 | - |
| Year Franchised | 2005 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Management and real estate experience is a plus for Cirque Salon Studios owner/operators. Some of the people who'd make optimal franchisees include real estate professionals (anyone involved in leasing, buying, selling or managing property) and other business professionals with sales, marketing or management experience. |
Financing Options |
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| 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 |
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| 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. | Comprehensive pre-opening training and marketing assistance, such as helping you to develop an appropriate local marketing plan and materials to attract studio owners, and conducting recruiting and sales efforts. |
| 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. | As a Cirque Salon Studios franchise owner, you can take advantage of an established system that is focused on quality, consistency, and growth. Our track record is supported by an experienced team that can assist with all phases of your commercial real estate franchise growth: - Site selection and build-out guidance, including our approach to identifying appropriate sites, as well as help with facility designs, architectural resources, and equipment packages. - Comprehensive pre-opening training and marketing assistance, such as helping you to develop an appropriate local marketing plan and materials to attract studio owners, and conducting recruiting and sales efforts. - Confidential operations manual, a detailed, proprietary guide with the critical information you need to operate your franchise business, including daily operating procedures, management functions, reporting, forms, and more. - Ongoing support, including remote support by phone and email, plus webinars, newsletters, and also periodic field visits from a dedicated corporate support rep. - Technology tools, including automated facility entry systems to other tech-based operational tools, to help you manage your commercial real estate franchise business. |
| 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 | - | Operate an efficient, technology-driven, real estate-based business, as they lease space to 25 to 30 independent studio owners. The franchise operation is designed to be far less complex and time-consuming than other opportunities, and allows franchise owners to better manage their investments, as well as their personal and professional schedules. |
Expansion Plans |
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| 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.
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#66 in Gator's Top franchises.
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#300 in Franchise 500 for 2021.
About Cirque Salon Studios
Cirque Salon is part of a unique niche within two immense industries: the $12 trillion commercial real estate industry and the $42 billion hair salon industry . Our real estate investment franchise model is not only highly attractive to studio owners; it is also relatively resistant to economic fluctuations. Plus, our real estate investment franchise is a risk-adjusted, market tested concept with established standards and procedures. Our model is designed to be fully replicable and relatively simple to implement and follow - and it is backed by a full suite of support services and tools. Best of all, with Cirque Salon Studios' built-in automation, minimized staffing needs (no receptionist or other employed staff required), and focus on tenant retention, once your location reaches optimized occupancy rates, you won't have to spend a lot of time managing it.