Start-Up Costs and Fees |
||
| Bishops Barbershop | Supercuts | |
| Investment | 213000 - 294000 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 5% | |
| Year Founded | 0 | 1975 |
| Year Franchised | 2008 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bishops Barbershop | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Bishops Barbershop | Supercuts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bishops Barbershop | Supercuts | |
| Training | Training center utilized | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks, National media | |
| Operations | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Bishops Barbershop | Supercuts | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bishops Barbershop | |
| Supercuts | |
| Franchise Fee | |
| Bishops Barbershop | |
| Supercuts | |
| Royalty Fee | |
| Bishops Barbershop | |
| Supercuts | 6% |
| Advertising Fee | |
| Bishops Barbershop | |
| Supercuts | 5% |
| Year Founded | |
| Bishops Barbershop | 0 |
| Supercuts | 1975 |
| Year Franchised | |
| Bishops Barbershop | 2008 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Bishops Barbershop | |
| Supercuts | Conditional |
| Renewal Fee | |
| Bishops Barbershop | |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Bishops Barbershop | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Bishops Barbershop | |
| Supercuts | |
| Start-up Costs | |
| Bishops Barbershop | |
| Supercuts | |
| Equipment | |
| Bishops Barbershop} | |
| Supercuts | |
| Inventory | |
| Bishops Barbershop | |
| Supercuts | |
| Receivables | |
| Bishops Barbershop | |
| Supercuts | |
| Payroll | |
| Bishops Barbershop | |
| Supercuts | |
Training & Support |
|
| Training | |
| Bishops Barbershop | |
| Supercuts | Training center utilized |
| Support | |
| Bishops Barbershop | |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Bishops Barbershop | |
| Supercuts | Ad slicks, National media |
| Operations | |
| Bishops Barbershop | |
| Supercuts | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Bishops Barbershop | |
| Supercuts | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Bishops Barbershop | |
| Supercuts | |
| International Expansion | |
| Bishops Barbershop | |
| Supercuts | |