Question 1

How many V's Barbershop franchise locations are there?

Accepted Answer

V's Barbershop currently has 60 total units, including 60 franchised locations and 0 company-owned locations.

Question 2

Is the V's Barbershop franchise system growing or shrinking?

Accepted Answer

V's Barbershop has experienced positive net growth of +3.5% over the past year, with a 3-year compound annual growth rate (CAGR) of +2.9%.

Question 3

What is the franchise vs. company-owned ratio for V's Barbershop?

Accepted Answer

V's Barbershop has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many V's Barbershop franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), V's Barbershop had 3 units opened and 1 units closed.