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V's Barbershop
Remember the days of sitting in the barbershop on a Saturday, sports magazines next to you, a football game on the television, and customers sitting in ornate barber chairs, enjoying a shave? Those days have returned at V’s Barbershop & Shoeshine. The shop blends a nostalgic atmosphere with barbers who are experts in short, traditional haircuts and contemporary/trendy styles. According to the company, “every haircut will include a shampoo, a hot lather neck shave, and will always end with a relaxing massage.” Franchisees receive training in every aspect of running the business and startup/ongoing support that includes site selection and marketing assistance.
Fast Facts
| Year established | 1999 |
| Franchising since | 2005 |
| Can be run from home? | No |
| Number of employees needed | 3 - 6 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | 0% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2012 | 12 | 0 | 3 |
| 2011 | 12 | 0 | 3 |
| 2010 | 8 | 0 | 3 |
Expanding in These Locations
| Total Investment | $170,500 - $294,500 |
| Franchise Fee | $30,000 |
| Royalty Fee | 5% |
| Net Worth | $400,000 |
| Liquid Capital | $100,000 - $150,000 |
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
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