THE GUY'S PLACE A HAIR SALON FOR MEN

THE GUY'S PLACE A HAIR SALON FOR MEN

The Guy's Place A Hair Salon for Men franchise operates casual hair salons offering haircuts, color and highlights, beard trims, and waxing services specifically geared toward the hair care needs of men and boys, although females are welcome. Franchisees use a comprehensive system including distinctive signage, interior design, operational procedures, employee training, and marketing materials under trademarks like 'The Barbershop a Hair Salon for Men' or 'The Guy’s Place A Hair Salon for Men.' The business model supports single-unit franchises or area development agreements for 3-5 units, targeting male clients in a highly competitive hair care market.

47
Locations
$155K–$282K
Investment
ServicesDe Pere, WIwww.thebarbershops.comDisclaimer

Franchise Costs


Franchise Fee
$35,000
Item 5 of FDD
Initial Investment Range
$154,600 $282,000
Low: $154,600High: $282,000
Item 7 of FDD
Royalty Rate
4.50%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$83 – $83
Item 6 of FDD

4.5% royalty + up to 2% ad fund + $83/mo website & SEO fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 34 franchised salons that were open during the entire 2023 calendar year, representing approximately 72% of the 47 franchised Salons open as of December 31, 2023.

* The document states that 'The information from the 34 Salons reported in the table below' represents the financial performance for 2023. However, the 'Average of Top 100% of Salons' is explicitly stated as being based on 18 units, and the 'Median of Top 100% of Salons' is based on 17 units. The provided average and median of $460,555 and $472,574 respectively are extracted as presented in the table, but the sample sizes for these specific overall metrics (18 and 17) do not match the stated total of 34 salons. The 'Average of Top 25% of Salons' and 'Average of Bottom 25% of Salons' are taken directly from the table.

Extracted Item 19 Section

How THE GUY'S PLACE A HAIR SALON FOR MEN Compares


Key Insights

  • Lower investment than 86% of Beauty & Spa Services franchises
FranchiseInvestmentFeeRoyaltyLocations
THE GUY'S PLACE A HAIR SALON FOR MEN
Current
$155K – $282K$35K4.5%47
SPORTS CLIPS (SINGLE UNIT)$289K – $475K$30K6.0%1,754
SUPERCUTS$186K – $323K$40K6.0%1,701
DaVi Nails and Em Lash Studio$61K – $144K$65KN/A400
PALM BEACH TAN$648K – $1.1M$30K6.0%397
DAVI NAILS$57K – $125K$65K0.0%387
Beauty & Spa Services Average
49 franchises
$411K – $755K$48K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 49 Beauty & Spa Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1WI
21
2MN
8
3NC
6
4MO
3
5MI
2
6FL
2
7IN
2
8AL
1
9SD
1
10HI
1

SBA Loan History


Historical SBA 7(a) loan data for THE GUY'S PLACE A HAIR SALON FOR MEN franchisees (20102014)

Total Loans
5
Average Loan
$167,600
Total Volume
$0.8M
Default Rate
0.0%

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.

Franchisee Contacts


47 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

47 Contacts Available

Unlock all THE GUY'S PLACE A HAIR SALON FOR MEN franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
2
Transfers
0
Sold to Franchisees
0
Projected New
1

Frequently Asked Questions


The total initial investment to open a THE GUY'S PLACE A HAIR SALON FOR MEN franchise ranges from $154,600 to $282,000. This includes a franchise fee of $35,000. Ongoing royalty fees are 4.5% of gross sales.

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