Hottest New Franchises
2015
There is nothing quite like the Men’s Hair House vibe, and we’ll show you how you can replicate it in your own location(s) – so that customers are sure to feel it, as soon as they walk through your front doors.
Leather armchairs will greet your customers in the lounge area featuring big-screen TVs, complimentary peanuts, refreshing beverages, and men’s magazines. Your customers are then escorted back to private stations, where sports play on personal TVs, and where your friendly, trained staff provides the shampoo, haircut, style, or other related services each dude wants – followed by a relaxing neck and shoulder massage. It’s the ultimate in pampering for men, as only Men’s Hair House can provide!
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2013 | 0 | -- | 7 | 16.67% | 7 | 16.67% |
| 2012 | 0 | -- | 6 | -- | 6 | -- |
Investment Required
The initial fee to purchase a Men's Hair House franchise is $28,000. Men's Hair House provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $28,000 | $28,000 |
| Rent (3 months) | $6,000 | $15,000 |
| Security Deposits | $2,500 | $6,000 |
| Blueprints | $3,500 | $7,000 |
| Leasehold Improvements | $90,000 | $122,000 |
| Furniture, Fixtures, and Equipment | $13,750 | $19,250 |
| Office Equipment and Supplies | $2,300 | $3,500 |
| Computer System, Software, Camera System | $5,270 | $6,670 |
| Insurance | $300 | $1,500 |
| Initial Inventory | $3,200 | $4,000 |
| Training Expenses | $1,800 | $3,400 |
| Signage | $6,000 | $15,000 |
| Grand Opening Marketing | $8,000 | $15,000 |
| Licenses and Permits | $50 | $100 |
| Professional Fees | $1,000 | $2,500 |
| Additional Funds (3 months) | $15,000 | $45,000 |
| Total Initial Investment | $186,670 | $293,920 |
Ongoing Expenses
Men's Hair House franchisees are responsible for a weekly royalty fee of 6% of gross sales and a weekly brand development fee of up to 2% of gross sales. Other fees include a monthly website fee of $30, among others.
What You Get: Training and Support
Men's Hair House provides training for up to two people. Training will be held at their headquarters in Menasha, Wisconsin and will last approximately five days. Topics covered will include responsibilities, daily procedures, retail sales, and maintenance. Men's Hair House will continue to offer ongoing advice and guidance regarding the daily operations of the franchise, as well as offer additional training when needed.
Territory
Men's Hair House does not grant exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2014 FDD.
