V's Barbershop vs Cost Cutters Family Hair Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of V's Barbershop vs Cost Cutters Family Hair Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  V's Barbershop Cost Cutters Family Hair Care
Investment 192700 - 423100 148930 - 316700
Franchise Fee 0
Royalty Fee 3.5%-5% 6%
Advertising Fee 1% - 3% 4%
Year Founded 1999 1982
Year Franchised 2005 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  V's Barbershop Cost Cutters Family Hair Care
Experience General business experience Marketing skills Retail/service industry experience useful

Financing Options
  V's Barbershop Cost Cutters Family Hair Care
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  V's Barbershop Cost Cutters Family Hair Care
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. On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed
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. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
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. Co-op Advertising Ad Templates Regional Advertising Social media SEO
Operations Franchisees required to buy multiple units/master licenses; 95% 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
  V's Barbershop Cost Cutters Family Hair Care
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
V's Barbershop
Cost Cutters Family Hair Care
Franchise Fee
V's Barbershop
Cost Cutters Family Hair Care
Royalty Fee
V's Barbershop 3.5%-5%
Cost Cutters Family Hair Care 6%
Advertising Fee
V's Barbershop 1% - 3%
Cost Cutters Family Hair Care 4%
Year Founded
V's Barbershop 1999
Cost Cutters Family Hair Care 1982
Year Franchised
V's Barbershop 2005
Cost Cutters Family Hair Care 1982
Term Of Agreement
V's Barbershop 10 years
Cost Cutters Family Hair Care 15 years
Renewal Fee
V's Barbershop
Cost Cutters Family Hair Care


Business Experience Requirements
Experience
V's Barbershop
Cost Cutters Family Hair Care General business experience Marketing skills Retail/service industry experience useful

Financing Options
 
Franchise Fees
V's Barbershop No
Cost Cutters Family Hair Care No
Start-up Costs
V's Barbershop
Cost Cutters Family Hair Care
Equipment
V's Barbershop}
Cost Cutters Family Hair Care
Inventory
V's Barbershop
Cost Cutters Family Hair Care
Receivables
V's Barbershop
Cost Cutters Family Hair Care
Payroll
V's Barbershop
Cost Cutters Family Hair Care

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.
Cost Cutters Family Hair Care On-the-job training: 46.5 hours Classroom training: 24 hours Additional training: As needed
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.
Cost Cutters Family Hair Care Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
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.
Cost Cutters Family Hair Care Co-op Advertising Ad Templates Regional Advertising Social media SEO
Operations
V's Barbershop
Cost Cutters Family Hair Care Franchisees required to buy multiple units/master licenses; 95% 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
V's Barbershop
Cost Cutters Family Hair Care 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
Cost Cutters Family Hair Care
International Expansion
V's Barbershop
Cost Cutters Family Hair Care