Question 1

Does V's Barbershop franchise offer exclusive territory?

Accepted Answer

V's Barbershop offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the V's Barbershop franchise agreement term length?

Accepted Answer

The initial franchise agreement term for V's Barbershop is 10 years. The total potential term is 10 years.

Question 3

What is the non-compete clause for V's Barbershop franchise?

Accepted Answer

The V's Barbershop franchise non-compete clause extends for 1 year within a 7-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a V's Barbershop franchise?

Accepted Answer

Yes, V's Barbershop allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $5,000 applies.