• Investment Required
• Investment Level: $ 125 K
• Training and Support: Yes

After numerous requests from all over the U.S., V's is offering the opportunity of ownership to others by creating V's Barbershop Franchise, LLC.  The company sold its first franchise in 2005.  In 2007, V's Barbershop partnered with the same development team that made Cold Stone Creamery® the fastest-growing ice cream franchise concept in the country. The two concepts remain separate but this partnership allows V's to learn from true franchising veterans.

The franchise fee is $25,000 for a 10-year term with an option to renew.  In addition to the franchise fee, there is a royalty fee of 5% as well as an advertising fee of 3%.  The initial investment in the franchise will vary greatly by geographic region as well as by shop size, but the estimated range for the investment is between $196,000 and $332,000.  This price includes all costs associated with opening a V’s, such as the franchise fee, real estate costs, build out costs, and operating expenses for the first 3 months of business.

Territory rights include the right of first refusal within 3 miles or 50,000 people.  Special locations such as airports, casinos and sports stadiums can be exempted from territorial exclusivity. 

V's comprehensive Owner's Manuals will cover all aspects of developing, owning and operating a V's Barbershop franchise.  V's Employee Handbook will guide the franchise’s employees through the V's employment experience and will cover all aspects of how to service patrons of V’s.  V's Training program will teach the franchisee how to operate a V's Barbershop.  All instructors for the training program have significant experience in the barbershop industry. Franchisees will spend time training in an operating V's Barbershop.

V's state of the art POS system will allow for accurate check out of patrons, booking of appointments, management of inventory, scheduling of employees, and business related reporting. In fact, franchises can access reports for their V's Barbershop at any time and from any computer with broadband Internet capabilities.

V's corporate staff and vendor partners are ready and able to assist the new franchise in any way that they can.  The ongoing support includes the advantage of using the experience already within the company to successfully launch and operate a V’s Barbershop.  Advertising and marketing is handled on a local level by the franchise, but many ad campaigns are already designed that can be used to assist in developing a marketing program that fits the needs of the local franchise.

Business Franchise World is not actively submitting franchise applications to V’s Barbershop at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.