V'S BARBERSHOP

Item 7 lays out the financial entry: total initial investment spans $326,500 to $602,450, covering build-out for that masculine lounge atmosphere, equipment, and $50,000 franchise fee. Ongoing fees include 6% royalty on gross sales plus 1% marketing fund. Item 19 shines here—average gross revenue hit $542,750 for 2023, with median at $519,529 across reporting units. For a service like haircuts and shaves, this suggests strong per-chair productivity in prime locations, potentially yielding owner benefits after expenses if ops run tight, though no direct profit figures mean validating costs locally.

System health metrics reveal a maturing brand: 55 total locations, up 25% from 12 in 2022 to 15 in 2023, with 5 projected new units signaling franchisor confidence. Just 4 terminations and 1 transfer indicate low churn versus peers, bolstered by Phoenix HQ support. At this scale, V's offers a path for multi-unit developers, but the upper investment tier demands high-traffic spots to hit those revenue marks—ideal for experienced operators chasing $500K+ top lines in grooming.