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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.

ServicesDe Pere, WIwww.thebarbershops.com
2024 FDDItem 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$154,600 - $282,000
Franchise Fee
$35,000
Locations
47

Financial Requirements

Franchise Fee$35,000
Initial Investment Range$154,600 - $282,000
Royalty Rate4.50%
Brand Fund2.00%
Fixed Monthly Fees$83 - $83

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

Franchise Stats

Franchise Locations47
Corporate Locations2
States Operating11
Franchising SinceN/A
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$460,555
Median Gross Revenue
$472,574
Top Quartile Revenue
$702,055
Bottom Quartile Revenue
$241,881

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 to Other Beauty & Spa Services Franchises

Key Insights

  • Lower investment than 87% of Beauty & Spa Services franchises
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
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
45 franchises
$397K - $729K$49K6.1%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 45 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 by Outlet Count
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 (2010 - 2014)

Total Loans
5
Average Loan Amount
$167,600
Total Loan Volume
$838,000
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
2
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
1

Frequently Asked Questions

How much does it cost to open a THE GUY'S PLACE A HAIR SALON FOR MEN franchise?

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.

How much revenue does a THE GUY'S PLACE A HAIR SALON FOR MEN franchise make?

According to the 2024 FDD, the average gross revenue for a THE GUY'S PLACE A HAIR SALON FOR MEN franchise is $460,555. The median revenue is $472,574.

How many THE GUY'S PLACE A HAIR SALON FOR MEN franchise locations are there?

As of the 2024 FDD, THE GUY'S PLACE A HAIR SALON FOR MEN has 47 franchise locations.

Can you get an SBA loan for a THE GUY'S PLACE A HAIR SALON FOR MEN franchise?

Yes, SBA loans are available for THE GUY'S PLACE A HAIR SALON FOR MEN franchises. Historical data shows 5 SBA 7(a) loans have been approved for THE GUY'S PLACE A HAIR SALON FOR MEN franchisees, with an average loan amount of $167,600. The historical default rate is 0.0%.

Is THE GUY'S PLACE A HAIR SALON FOR MEN a good franchise to buy?

THE GUY'S PLACE A HAIR SALON FOR MEN shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in THE GUY'S PLACE A HAIR SALON FOR MEN?

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