Start-Up Costs and Fees |
||
| V's Barbershop | Cherry Blow Dry Bar | |
| Investment | 192700 - 423100 | 218600 - 392500 |
| Franchise Fee | ||
| Royalty Fee | 3.5%-5% | 7% |
| Advertising Fee | 1% - 3% | 2% |
| Year Founded | 1999 | 2012 |
| Year Franchised | 2005 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| V's Barbershop | Cherry Blow Dry Bar | |
| Experience | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. | |
Financing Options |
||
| V's Barbershop | Cherry Blow Dry Bar | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| V's Barbershop | Cherry Blow Dry Bar | |
| 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. | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. |
| 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. | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
| 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 |
||
| V's Barbershop | Cherry Blow Dry Bar | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
| Franchise Fee | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
| Royalty Fee | |
| V's Barbershop | 3.5%-5% |
| Cherry Blow Dry Bar | 7% |
| Advertising Fee | |
| V's Barbershop | 1% - 3% |
| Cherry Blow Dry Bar | 2% |
| Year Founded | |
| V's Barbershop | 1999 |
| Cherry Blow Dry Bar | 2012 |
| Year Franchised | |
| V's Barbershop | 2005 |
| Cherry Blow Dry Bar | 2013 |
| Term Of Agreement | |
| V's Barbershop | 10 years |
| Cherry Blow Dry Bar | |
| Renewal Fee | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
Business Experience Requirements |
|
| Experience | |
| V's Barbershop | |
| Cherry Blow Dry Bar | We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support. |
Financing Options |
|
| Franchise Fees | |
| V's Barbershop | No |
| Cherry Blow Dry Bar | No |
| Start-up Costs | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
| Equipment | |
| V's Barbershop} | |
| Cherry Blow Dry Bar | |
| Inventory | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
| Receivables | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
| Payroll | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
Training & Support |
|
| Training | |
| 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. |
| Cherry Blow Dry Bar | *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum. |
| Support | |
| 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. |
| Cherry Blow Dry Bar | *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees |
| Marketing | |
| 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. |
| Cherry Blow Dry Bar | |
| Operations | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |
Expansion Plans |
|
| US Expansion | |
| V's Barbershop | |
| Cherry Blow Dry Bar | 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 | |
| V's Barbershop | |
| Cherry Blow Dry Bar | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| V's Barbershop | |
| Cherry Blow Dry Bar | |