Bishops

Bishops is a new kind of haircare concept for Generations X, Y and Z that delivers high-end salon quality at affordable prices in a casual, fun environment that includes edgy artwork and music, and trend-setting stylists.

Interested in Franchise Ownership?

Request a Consultation

Bishops Franchise Cost and Requirements for 2022

Background

  • Sustainability: Bishops is in its 17th year of business and the 16 locations listed in the Item 19 have been very consistent.
  • Semi-Absentee: As an Executive Model, you can effectively hire someone to Manage the Shop and spend your time developing your other interests.
  • Proven Business Model: The business model has been proven and fine tuned over the last 15 years
  • Demand: People want something different, the don't want average or vanilla, they want an experience like none other, something cool and edgy but reasonably priced...Bishops fills the void.
  • Multiple sources of revenue: color, products, haircuts, grooming services, shaves, gift cards
  • Employer of Choice: We're sought out by highest quality stylists that want to work in a cool creative environment that helps them to market themselves and build their clientele
  • Edgy Cool store design: Local artists paint murals and create local neighborhood feel.
  • Multiple financing options: Equipment lease, SBA, etc.
  • Top of the line Product lines: Swartzkopf, Osis, Joe grooming products
  • Support: Support with all aspects of Real Estate and Buildout for the franchisee. Once the construction is complete, Corporate manages all aspects of marketing for the franchisee.
  • Quick ramp up: BE typically with-in 1 ‐ 3 months
The Bishops Management Team has over 40 years of experience has created the Bishops Blueprint ‐ Bishops provides haircutting, coloring and barbering services to customers at competitive pricing in a unique environment that blends creative design and music, cutting edge style with the highest level of customer service in a consistent, clean and friendly environment for guests

  • Competitive advantage of the product/service
  • Bishops delivers an Exceptional Consistent Services
  • Bishops is NOT Vanilla, Bishops has a cool edgy vibe and is not just a transaction, it's an Experience
  • Bishops services Men AND Women, and Children while the value clip joints and barbershops service mostly men
  • Additional Services ‐ Cuts, Color, Grooming, Shaves, Treatments
It's not too hard to find a salon: Supercuts, Fantastic Sam's or Great Clips, if you are on a budget but want something cool, edgy, not vanilla and relevant...you're in a void. A woman's salon is expensive and inconsistent. All of which reinforces the rationale behind Bishops. People want something different, and want to work with stylists that know the cutting edge trends.

Company Details

Established: 2001
First Unit Franchised: 2016
Franchised Units: 300
Company Owned Units: 11
States Registered In: FDD filed and registering in all states. Not currently accepting in WA, MD, VA, IL
Canada Franchises: No
International Franchises: No

Support and Training Offered By Bishops

Financial Assistance Provided: No Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: Yes Co-Operative Advertising: Yes Training: Franchisor support: initial training, on-going support, help lines, field support, annual meetings, advertising, central purchasing, etc.

Strong Starts
  • Site selection and lease negotiation
  • Studio construction management
  • Franchise University week-long training
  • Initial hiring visit, Grand opening visit 7 days
Ongoing Support
  • Monthly support calls ‐ to track business progress
  • KPI training
  • 2X yearly field support visits ‐ Bi Annual Review
  • Turn key annual marketing calendar
Real Estate and Build-out Support
  • Exceptional National Vendor assist in every aspect of Real Estate
  • Site Evaluation
  • Site Selection
  • Lease Negotiation
  • Lease Review
  • Architecture
  • Engineering
  • Construction Management

2022 Franchise Requirements Needed to Own a Bishops Franchise.

What does a Bishops Franchise Cost?

Bishops franchise fees for 2022:

Cash Investment: $75,000
Total Investment: $213,000 - $294,000
Minimum Net Worth: $350,000
Franchise Fee: $49,500
Royalty: 7%
Ad: 2%
Average Number of Employees: 7-14
Item 19: Yes
Visa Candidates: No
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No

Is Bishops a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Bishops is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Bishops a Home Based franchise?

No. Bishops is not a home based franchise opportunity.

What Do Bishops Franchise Owners Make?

Click here to find out how much Bishops franchisees make. Bishops offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Bishops a Master Franchise Opportunity?

No. Bishops is not a master franchise opportunity.

Does Bishops Offer a Veteran Discount?

No. Bishops franchise does not offer a veteran discount.

Does Bishops Work with E2 Visa and EB-5 Visa Candidates?

No. Bishops franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Bishops Looking for Franchisees in Canada?

No. Bishops franchise is not looking for Canada franchisees.

Is Bishops Looking for International franchisees?

No. Bishops franchise is not looking for International franchisees.

Additional Information

Additional Categories

Hair Care & Beauty Salons

Number of Units Open

50-100 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Bishops Franchises for Sale

Click Here to inquire about existing Bishops franchises for sale. We may have Bishops franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.