Concept Description
At CHOP Barbershop, we believe that exceptional barbering should be accessible to both clients and entrepreneurs. Our franchise model offers an affordable entry point, making it possible for individuals with a passion for the craft and limited capital to join our family! Owning a CHOP Barbershop means stepping into a brand defined by its iconic motto, “Classic Hair, Original People,” which resonates with clients seeking an authentic grooming experience.
What sets CHOP Barbershop apart is our deep-rooted industry expertise, led by seasoned barbers who understand the nuances of the trade. As a franchisee, you’ll benefit from comprehensive training programs that equip you with the skills needed to excel. Our ongoing support system ensures you have the resources and guidance necessary to navigate the challenges of business ownership. With CHOP’s easy-to-use remote management platform, you can efficiently oversee your operations from anywhere, allowing you to maintain a healthy work-life balance while actively managing and growing your business.
From day one, our innovative CHOP eHub is at your disposal. This personalized website is packed with operational aids, a comprehensive knowledge base, franchisee training courses, vendor selection assistance, HR support, and financial best practices. The eHub is designed to empower you with the tools needed to succeed, providing a solid foundation upon which to build your franchise.
Finding the perfect location is crucial, and CHOP Barbershop excels in site selection support. Our experienced team conducts thorough demographic analyses to identify target areas with optimal foot traffic and customer potential. We provide personalized assistance to ensure visibility, accessibility, and community synergy for your barbershop. With our real estate development brochures and negotiation pointers, you’ll be well-equipped to secure the best lease terms, maximizing your profitability and minimizing risk.
When it comes to construction and design, CHOP offers comprehensive support every step of the way. You’ll receive detailed elevations, floor plans, and 3D renderings through your personalized website, aiding in visualizing and executing your shop’s transformation. Our outfitting package ensures you receive everything needed to create a thriving, pub-like barbershop atmosphere, complete with top-of-the-line barber chairs, branded accessories, signature wall decor, and all necessary furniture.
With an average store gross of $650K and a net of $110K, CHOP Barbershop is not just a business opportunity; it’s a chance to build a legacy in the barbering industry.
Unit Option
Single, Multiple
Background
FDD Franchised Units: 4
Corporate Owned Units: 5
Projected New Units: 2
Year Established: 2015
First Year Franchised: 2018
Type of Business: Franchise
Number of Employees: Small (1-5)
History:
CHOP Barbershop’s story begins with a husband and wife team, Steve and Sarah, whose diverse backgrounds and shared dreams ignited the creation of a truly unique barbershop experience. Steve, a seasoned barber with over three decades of experience, had always harbored a vision for a different kind of barbershop, one that transcended the traditional model. Meanwhile, Sarah, an attorney, supported Steve’s aspirations and encouraged him to turn his dream into reality.
After welcoming three children into their lives, Steve’s desire to create a distinctive barbershop concept only grew stronger. For years, he had sketched and envisioned what would later become CHOP Barbershop. In 2015, their dream took shape in a modest 500-square-foot space in Tallahassee, Florida. It was here that CHOP Barbershop was born, a testament to Steve and Sarah’s shared vision and complementary strengths.
Steve’s passion for barbering and Sarah’s love for technology converged to create a warm, welcoming atmosphere infused with modern conveniences. Sarah spearheaded the integration of cutting-edge technology, introducing features like online booking, app-based scheduling, and streamlined check-in and check-out processes. Meanwhile, Steve infused the barbershop with a cozy, pub-like ambiance, complete with an energetic soundtrack and a commitment to exceptional customer service.
Their combined efforts led to the development of an 11-shop concept and counting. Despite their rapid growth, Steve and Sarah remain actively involved in the day-to-day operations of each CHOP Barbershop location. They’ve fostered a culture where staff members are treated like family, extending the love and care they have for their own children to their dedicated team.
At the heart of CHOP Barbershop’s ethos is a commitment to redefining the industry standards. Steve and Sarah are passionate about revolutionizing how barbershops treat both their staff and customers. They believe in creating a supportive, family-focused environment where everyone feels valued and appreciated. This dedication extends beyond the franchise model, as CHOP Barbershop strives to provide not only a great opportunity for franchisees but also a rewarding experience for their staff.
In an industry known for its challenges, Steve and Sarah are determined to make a meaningful impact and set a new standard for excellence in the haircare community. Through CHOP Barbershop, they are reshaping the narrative, one haircut at a time, and proving that when passion, innovation, and compassion intersect, remarkable things happen.
Availability
Territories: United States
Financials
Liquidity: $100,000
*Investment Range: $160,600 - $391,100
Minimum Net Worth: $250,001, to $500,000
Franchise Fee: $49500
Royalty: 6%
Royalty Description: 6% of gross revenues due monthly.
Advertising: Local: $250 per month
National Advertising: 1% of Gross Revenues
Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.
Available Discounts
- Veterans
Discount Description: If You are currently an employee and have been employed continuously for more than 8 months or are a licensed cosmetologist or barber, You may qualify for a scholarship of up to $15,000 toward to payment of the initial franchise fee. We offer veterans a $5,000 discount on the initial franchise fee.
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: Available
Lease Negotiation Assistance: N/A
Length of Training: 61 hours
Financing Assistance: Available
