Diesel Barbershop is a retail hair care outlet specializing in haircutting, grooming, coloring, and barbering services by licensed professionals. The franchise offers individual and multiple locations.
Key Insights
- Diesel Barbershop began as a vision to redefine the traditional barbershop experience, focusing on a relaxed atmosphere and premium grooming services. This approach has cultivated a loyal customer base and established a unique brand identity within the men's grooming sector.
- The franchise operates through a network of stylish, modern barbershops offering a range of services from classic haircuts and shaves to beard trims and specialized grooming treatments. Each location emphasizes a customer-centric approach, ensuring a comfortable and professional experience.
- The business operates within the men's grooming industry, a sector experiencing consistent growth driven by increasing male attention to personal care and style. This segment benefits from a demand for skilled professionals and dedicated grooming spaces.
Franchise Fee and Costs to Open
Exploring the financial picture of Diesel Barbershop gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $360,550 - $503,050, along with a franchise fee of $45,000 - $45,000.
Financial Performance and Revenue
Yearly gross sales of $207,153 and estimated earnings of $29,002 - $37,288 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 13.5-15.5 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Diesel Barbershop provides comprehensive training. Initial training offers hands-on experience and business insights, lasting approximately two weeks. This training is conducted at their headquarters. Diesel Barbershop also provides resources to support ongoing operational success.
Legal Considerations
Legal considerations for a Diesel Barbershop franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee should consider local market dynamics, as existing barbershops or salons may present competition. Managing barber schedules and client appointments introduces operational complexity. Reliability of specific product suppliers is also a factor, as disruptions could impact service offerings.
Franchise Datasheet
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