V's Barbershop offers upscale haircuts, old-fashioned shaves, and men’s facial services in a masculine environment. Known for high-quality grooming in an elegant setting, it operates as an Arizona-based limited liability company.
The total initial investment necessary to begin operation of a V's Barbershop is between $290,000 and $690,000. This includes an amount ranging from $55,000 to $65,000 that must be paid to the franchisor or its affiliates [p.1].
The initial franchise fee is $40,000, payable by cashiers or certified check upon signing the agreement [p.112]. This amount does not change unless it is Franchisee's second or subsequent Franchised Business or if Franchisee is currently in, or has been honorably discharged from, the U.S. armed forces [p.112].
The ongoing royalties are 4% to 6% of gross sales up to $500,000 and 2.5% to 3.5% of gross sales above $500,000. Additionally, there is a marketing and advertising fee between 1% and 3% of gross sales [p.85].
This isn't specified in the excerpts. The provided pages discuss renewal options but do not mention the length of the initial franchise agreement.
According to the FDD, you cannot sell or otherwise transfer your franchise, including by operation of law, without the prior written consent of the franchisor [p.123]. The franchisor may not unreasonably withhold this consent if the prospective transferee fails to meet current qualifications, if the financial terms are unfavorable, or if there is a default under the agreement [p.123].
The franchisor may terminate the agreement on any grounds available by law, as stated in [p.147], [p.194], and [p.212].
This isn't specified in the excerpts. The provided FDD does not detail specific net worth or liquid capital requirements for franchisees. However, it does indicate that the franchisor may request additional documentation and information regarding your financial condition and may deny approval if you are deemed not financially capable of performing your obligations [p.27].
No, you do not receive an exclusive Territory. You may face competition from other franchisees and from outlets or competitive brands controlled by the company [p.36]. However, the franchisor may grant you a right of first refusal to establish V's Barbershops in a defined but non-exclusive geographic area under certain conditions [p.37].
The franchisor provides a Training Program that includes both online and phone support, on-site training at their corporate office or other designated locations, and may involve instructors Jim Valenzuela, Chris Mitchell, Emily Brown, and Renae Germinaro. This program is conducted on an as-needed basis and covers operational and business procedures, policies, and practices. Ongoing support includes access to certain resources through the franchisor's intranet and online classroom environment. [p.29]
The FDD does not specify the total number of franchised outlets currently in operation. It mentions that as of December 31, 2025, there were two franchise locations that had closed in 2023, one that closed in 2024, and two that closed in 2025. Additionally, four new franchise locations opened in 2025 but none of these closed within the same year [p.53].
The franchisor shares financial performance information for some of their locations but does not make financial performance representations beyond those specified. They provide actual records of existing outlets if a prospective franchisee is purchasing an existing outlet, and written substantiation can be obtained upon reasonable request [p.53]. However, they do not authorize employees or representatives to make any financial performance representations [p.53].
You are restricted to selling all services and products designated by the franchisor at your V's Barbershop. You must purchase certain equipment, inventory, trademarked items, grooming supplies, and other specified items from the franchisor, its Affiliates, or approved vendors prior to opening and throughout the term of the franchise agreement [p.44, p.21]. This includes items like barber uniforms, t-shirts, capes, and specific retail products [p.21].