V’s Barbershop FDD – Franchise Information, Costs and Fees
Type of Business
The franchised business is an upscale barbershop that provides high-quality haircuts, old fashioned shaves and men’s facial services in a uniquely masculine environment under the V’s Barbershop® service marks and trademarks.
Corporate Information
V’s Barbershop Franchise, LLC is an Arizona limited liability company organized on November 17, 2006. They began offering V’s Barbershop franchises in March 2007. Their principal business address is 2320 W. Mission Lane, #3, Phoenix, Arizona 85021.
Investment
The total investment necessary to begin operation of a V’s Barbershop® is between $192,700 and $422,750. This includes $22,500-$30,000 for the initial franchise fee that must be paid to the franchisor or its affiliate(s). You may but are not obligated to sign a multi-unit agreement with the franchisor at the same time that you sign the franchise agreement. You will pay the Initial Franchise Fee for each location included with your Multi-Unit Agreement at the time that you sign the Multi-Unit Agreement. There is no minimum number of units that you are obligated to open pursuant to a Multi-Unit Agreement but if you agree to open at least 3 V’s Barbershop locations, the initial franchise fee for each additional unit (not including the first unit) is reduced to $22,500. The estimated initial investment necessary in connection with your execution of a Multi-Unit Agreement is $0-$45,000.
