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LAST UPDATED:&nbsp;December 2024FRANCHISE WEBSITE:&nbsp;<a href="https://bishops.co/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">https://bishops.co/franchise/</a>&nbsp;NUMBER OF LOCATIONS:&nbsp;42REPORTED COST TO GET IN: $278,550 - $489,600REPORTED ROI (ITEM 19): $42,308 (average monthly gross sales)<a href="https://bishops.co/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Bishops Cuts/Colors</a> is a hair care franchise that focuses on providing affordable and high-quality haircuts and color services. Founded over 20 years ago, Bishops positions itself between high-end salons and low-cost chains.&nbsp;<h3>How Many Bishops Cuts/Colors Locations Are There?</h3>Currently, there are 42 Bishops Cuts/Colors locations.&nbsp;<h3>What Is the Bishops Cuts/Colors Business Model?</h3>Bishops operates on a semi-absentee franchise model, meaning franchisees can own the business without being involved in day-to-day operations. Key aspects of the business model include:<ul><li>Recurring revenue: Haircuts are a necessity, creating stable demand and predictable revenue cycles.</li><li>Low overhead: Minimal inventory is required and labor scales based on revenue.</li><li>No industry expertise required: Franchisees don't need a background in hair care as Bishops offers complete franchise support, including real estate positioning, construction management, marketing, staffing support and ongoing training.</li><li>Omnichannel marketing: Bishops uses a mix of digital, traditional and grassroots marketing to build brand awareness and drive customer foot traffic.</li></ul><h3>How Much Can Bishops Cuts/Colors Franchise Owners Make?</h3>According to the brand's 2023 Franchise Disclosure Document (FDD), average monthly gross sales for franchises between April 2022 and April 2023 were $42,308.<h3>How Much Does It Cost To Open a Bishops Cuts/Colors Franchise?</h3><h4>Detailed Breakdown of Bishops Cuts/Colors Franchise Costs and Fees</h4><figure class="table"><table><tbody><tr><td>Type of Expenditure</td><td>Min</td><td>Max</td></tr><tr><td>Initial Franchise Fee</td><td>$39,500</td><td>$39,500</td></tr><tr><td>Leasehold Improvements</td><td>$100,000</td><td>$150,000</td></tr><tr><td>Furniture, Fixtures &amp; Equipment</td><td>$40,000</td><td>$85,000</td></tr><tr><td>Inventory</td><td>$5,000</td><td>$15,000</td></tr><tr><td>Artwork &amp; Signs</td><td>$7,000</td><td>$16,000</td></tr><tr><td>Small Equipment &amp; Supplies</td><td>$4,000</td><td>$7,500</td></tr><tr><td>Point-of-Sale &amp; Network System</td><td>$3,000</td><td>$6,500</td></tr><tr><td>Architectural &amp; Legal Fees</td><td>$5,000</td><td>$10,000</td></tr><tr><td>Deposits &amp; Rent (3 Months)</td><td>$10,000</td><td>$30,000</td></tr><tr><td>Initial Gift Card Supply</td><td>$50</td><td>$100</td></tr><tr><td>Additional Funds (8-12 Months)</td><td>$60,000</td><td>$120,000</td></tr><tr><td>Grand Opening</td><td>$5,000</td><td>$10,000</td></tr></tbody></table></figure><h4>Additional Fees</h4><figure class="table"><table><tbody><tr><td>Fee Type</td><td>Cost-Related Details</td></tr><tr><td>Ongoing Brand Fund Fee</td><td>1%</td></tr><tr><td>Royalty Fee</td><td>5.75% - 7%</td></tr></tbody></table></figure><h3>What Is the Franchise Fee for Bishops Cuts/Colors?</h3>Bishops Cuts/Colors’s initial franchise fee is&nbsp; $39,500.&nbsp;<h3>Who’s on the Bishops Cuts/Colors Leadership Team?</h3><ul><li><a href="https://www.linkedin.com/in/tsilk/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Tom Silk — Chairman</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About Bishops Cuts/Colors?</h3><ul><li><a href="https://www.youtube.com/watch?v=bniXWImDMrs&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Meet the Zor | BISHOPS Cut/Color | Wellness Franchise | Leigh Feldman</a></li><li><a href="https://www.newsfilecorp.com/release/137547/Bishops-CutsColor-Secures-New-Product-Partners-and-Is-Aiming-to-Generate-over-30-Million-in-Revenues-Through-Nationwide-Expansion?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Bishops Cuts/Color Secures New Product Partners and Is Aiming to Generate over $30 Million in Revenues Through Nationwide Expansion</a></li><li><a href="https://www.forbes.com/sites/davidprosser/2022/05/17/why-bishops-believes-hair-salons-for-all-makes-for-good-business/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Why Bishops Believes Hair Salons For All Makes For Good Business</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.&nbsp;Check out these three 1851 brands:<h4><a href="https://1851franchise.com/uni-k-wax/info">Uni K Wax</a></h4><ul><li><a href="https://unikwaxfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations: 34&nbsp;</li><li>Investment Range:&nbsp;$327,943 - $558,766</li></ul><h4><a href="https://1851franchise.com/pigtails-and-crewcuts/info">Pigtails &amp; Crewcuts</a></h4><ul><li><a href="https://www.pigtailsandcrewcutsfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations: 80</li><li>Investment Range:&nbsp;$130,000 - $256,000&nbsp;</li></ul><h4><a href="https://www.1851growthclub.com/brands/sugar-sugar/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Sugar Sugar</a></h4><ul><li><a href="https://www.mysugarsugar.com/franchising/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations: 48</li><li>Investment Range: $118,100 - $268,880</li></ul>Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-bishops-cutscolor-franchise-costs-fees-profit-and-data-2724356" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content. &nbsp;

Bishops Cuts/Colors Franchise Deep Dive - 1851 Franchise

Franchise Deep Dive: Bishops Cuts/Colors Costs, Fees, Profit and Data

1851 Franchise

This hair care franchise offers franchisees a semi-absentee model with the support needed for success, even for those without prior experience in the industry.

Franchise Deep Dive: Bishops Cuts/Colors Franchise Costs, Fees, Profit and Data

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Franchise Deep Dive: Bishops Cuts/Colors Franchise Costs, Fees, Profit and Data

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