Start-Up Costs and Fees |
||
| Snip-Its | V's Barbershop | |
| Investment | 124595 - 220375 | 192700 - 423100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 3.5%-5% |
| Advertising Fee | 2% | 1% - 3% |
| Year Founded | 1992 | 1999 |
| Year Franchised | 2003 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Snip-Its | V's Barbershop | |
| Experience | General business experience | |
Financing Options |
||
| Snip-Its | V's Barbershop | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Snip-Its | V's Barbershop | |
| Training | On-The-Job Training: 80 hours Classroom Training: 34 hours | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | 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 | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 | |
Expansion Plans |
||
| Snip-Its | V's Barbershop | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Snip-Its | |
| V's Barbershop | |
| Franchise Fee | |
| Snip-Its | |
| V's Barbershop | |
| Royalty Fee | |
| Snip-Its | 6% |
| V's Barbershop | 3.5%-5% |
| Advertising Fee | |
| Snip-Its | 2% |
| V's Barbershop | 1% - 3% |
| Year Founded | |
| Snip-Its | 1992 |
| V's Barbershop | 1999 |
| Year Franchised | |
| Snip-Its | 2003 |
| V's Barbershop | 2005 |
| Term Of Agreement | |
| Snip-Its | 10 years |
| V's Barbershop | 10 years |
| Renewal Fee | |
| Snip-Its | 25% of initial fee |
| V's Barbershop | |
Business Experience Requirements |
|
| Experience | |
| Snip-Its | General business experience |
| V's Barbershop | |
Financing Options |
|
| Franchise Fees | |
| Snip-Its | No |
| V's Barbershop | No |
| Start-up Costs | |
| Snip-Its | |
| V's Barbershop | |
| Equipment | |
| Snip-Its} | |
| V's Barbershop | |
| Inventory | |
| Snip-Its | |
| V's Barbershop | |
| Receivables | |
| Snip-Its | |
| V's Barbershop | |
| Payroll | |
| Snip-Its | |
| V's Barbershop | |
Training & Support |
|
| Training | |
| Snip-Its | On-The-Job Training: 80 hours Classroom Training: 34 hours |
| V's Barbershop | 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 | |
| Snip-Its | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| V's Barbershop | 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 | |
| Snip-Its | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| V's Barbershop | 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 | |
| Snip-Its | 75% of all franchisees own more than one unit Absentee Ownership Allowed Number of Employees Required to Run: 6 - 10 |
| V's Barbershop | |
Expansion Plans |
|
| US Expansion | |
| Snip-Its | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| V's Barbershop | |
| Canada Expansion | |
| Snip-Its | |
| V's Barbershop | |
| International Expansion | |
| Snip-Its | |
| V's Barbershop | |