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Bishops
Bishops franchises distinctive retail hair care outlets offering haircutting, coloring, barbering services, and related products under the BISHOPS® trademark in a unique environment blending creative design, music, and cutting-edge style. The business model utilizes a proprietary system with standardized interior/exterior design, operations, customer service, and marketing procedures, with stores typically 800-1,500 sq ft in retail shopping centers. It targets customers seeking affordable, trendy hair services in a competitive market against other salons and barbershops.
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Franchise Costs
6% royalty + 2% ad fund + $200/mo technology + $499/mo POS + $570-$670/mo software/licenses (bookkeeping, email, music)
Financial Performance
Item 19 Financial Performance
Data Based On: 40 locations by quartile that operated for the entire 2025 calendar year
* Average gross revenue calculated as the simple average of the average revenues for Q1, Q2, Q3, and Q4, as each quartile contains an equal number of units (10). Overall median gross revenue estimated by averaging the median values of Q2 and Q3.
Extracted Item 19 Section
Avg. Revenue: $542,361
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How Bishops Compares
Key Insights
- Lower than average SBA loan default rate in Beauty & Spa Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Bishops Current | $373K – $544K | $50K | 6.0% | 40 |
| SPORTS CLIPS (SINGLE UNIT) | $237K – $581K | $30K | 6.0% | 1,702 |
| SUPERCUTS | $186K – $323K | $40K | 6.0% | 1,701 |
| DaVi Nails and Em Lash Studio | $61K – $144K | $65K | N/A | 400 |
| PALM BEACH TAN | $648K – $1.1M | $30K | 6.0% | 397 |
| DAVI NAILS | $57K – $125K | $65K | 0.0% | 387 |
Beauty & Spa Services Average 52 franchises | $413K – $743K | $48K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 52 Beauty & Spa Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
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SBA Loan History
Historical SBA 7(a) loan data for Bishops franchisees (2017 – 2020)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
38 SBA loans on record
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Franchisee Contacts
38 franchisee contacts on file from official FDD filings.
38 Contacts Available
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Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Frequently Asked Questions
The total initial investment to open a Bishops franchise ranges from $373,442 to $544,293. This includes a franchise fee of $50,000. Ongoing royalty fees are 6.0% of gross sales.
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