What is the Starks Barber Company franchise opportunity?
Starks Barber Company takes the best aspects of a traditional barbershops and elevates them to a modern, sleek experience that’s perfect for working professionals who want more from their routine haircut appointments. Our proven business model with integrated technology to increase convenience for both customers and franchise owners has generated a loyal customer base, with a high retention rate on our tiered membership program. With these annual memberships, as well as our exclusive line of styling and hair care products, franchise owners benefit from reliable, recurring revenue streams.
Do I need barber experience to franchise with Starks Barber Company?
No previous barbershop experience is necessary: our franchise owners come from all walks of life. We’re looking for highly motivated entrepreneurs who are passionate about working with people, who want to make a difference in the communities they serve, and who have skills in sales, marketing, and leadership. This business is about creating a fun and enjoyable environment for clients and staff alike, bringing an upscale experience to those who want more than just any old haircut.
What is special about the Starks Experience?
While some traditional barbershops have remained unchanged for decades and have become a little dated, Starks Co-Founders saw the opportunity to enhance the experience of going to the barber into something more modern and suited to the needs of today’s busy professionals. The key components to the Starks experience are:
- Commitment to exceptional customer service, starting from the moment a client comes through the door
- Attention to Detail by offering things other barber shops don’t in their services, like steamed towels, scalp massages, and neck clean-ups with warm lather
- Full line of styling and hair care products exclusively available at Starks that make customers look and smell great
- Annual memberships based on customers’ preferred frequency, with discounts on services and products
- Convenient in-house app for booking appointments, reminders, and membership management, with a back end that allows staff to retain detailed notes on every customer’s haircut history and preferences
Starks is changing the way people experience their routine hair appointments, and doing it with undeniable style and class.
How much is the Starks Barber Company franchise opportunity?
The estimated total cost to invest in a Starks Barber Company franchise is $441,00–$527,500 CAD, which includes the initial franchise fee, operating inventory, construction costs, and required working capital. Actual costs will vary depending on the geographic location, the final size of the shop, and a variety of other factors.
What is the initial Franchise Fee for Starks Barber Company?
The initial Franchise Fee for a Starks Barber Company franchise is $30,000 CAD.
Do you offer financing?
Our relationships with major banks along with our track record of success across so many markets enables us to facilitate introductions and assist franchisees with securing small business loans. Typically, these loan programs are designed for leaseholds and equipment, making Starks a highly appealing investment because of a low requirement for inventory, unlike restaurants or retailers that sell goods.
What is the franchise royalty fee?
The ongoing royalty fee for Starks franchises is 6% of gross sales, with an additional 1% of gross sales that goes toward the brand fund.
Do you assist in marketing?
Starks Barber Company goes above and beyond to provide extensive marketing support to its franchise owners. We offer comprehensive marketing strategies, tailored to each franchise location’s unique needs. From digital advertising campaigns and social media management to targeted local promotions and brand-building initiatives, Starks Barber Company equips its franchise owners with the tools, resources, and guidance necessary to effectively reach their target audience. By offering ongoing marketing support, Starks Barber Company empowers its franchise owners to maximize their visibility, enhance customer engagement, and ultimately thrive in their local markets.
Do you assist in team building and training?
Once franchisees are signed on, they will participate in a three-day Owner’s Training program that is both in-store and in the boardroom. Boardroom training includes: CRM, Schedule Optimization, Policies, Customer Service & CX, Product Knowledge and Sales, Local Marketing, Financials of the Business, Staff Skill Training (Haircuts – we have a partnership with one of the leading private colleges in Canada where franchisees have access to workshops run every eight weeks, customized/private Starks training sessions throughout the year, and our own training manual designed to have your most experienced barbers continuously train the least experienced barbers in-store), Hiring and conducting interviews, and building culture. Franchisees also get a quarterly long-form meeting “Commitment to Excellence Review” with the Franchisor that uses an evaluation rubric to let them know how they are doing, identify areas of improvement and help them forecast performance.
What is the ideal real estate for a Starks Barber Company, and do you assist in site selection?
Starks Barber Company franchises are most successful when they’re in a street front power center with complementary businesses such as banks, high end coffee shops, and workout facilities. These types of locations offer a one-stop-shop for busy professionals, as well as plenty of parking availability while letting the brand’s strong presence shine. During the planning stages of opening your Starks franchise, our management team will help to analyze the areas you want to operate in to ensure the best possible configuration that will set you up for success.