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

Bishops Cuts/Color has made a name for itself in the crowded salon industry by offering quality affordable haircuts in a trendy and artsy environment.

By Jeff DwyerStaff Writer

12:12PM • 11/30/23

LAST UPDATED: November 2023
FRANCHISE WEBSITE: https://bishops.co/franchise/
NUMBER OF LOCATIONS: 41
REPORTED COST TO GET IN: $278,550 to $489,600
REPORTED ROI (Item 19): $42,338 (Average monthly gross sales)

Bishops Cuts/Color is a brand of hair salon franchises that offers haircuts, styling, coloring and other salon services. Bishops was founded in 2001 in Portland, Oregon as an artsy, affordable alternative to expensive salons. The brand is known for its counter-cultural heritage, contemporary aesthetic, and openness to all ages and all genders.

As a result of its services, Bishops has been profiled in Yahoo! Finance, thrillist, Entrepreneur, Bloomberg, CNN, Forbes and GQ.

How Many Bishops Locations Are There?

As of November 2023, there are 41 Bishops locations spanning 15 states across North America.

What Is Bishops’ Business Model?

At its core, the business model of Bishops Cuts/Color is offering high-quality affordable haircuts. The brand claims to be recession-resistant and believes it has built-in demand, a predictable revenue stream and an opportunity that can’t be replaced by robots.

Bishops lists the following benefits of operating one of its franchises:

An executive, semi-absentee, franchise model that’s been perfected for over 20-plus years
Low-tech entry in any space
Low inventory carried
No required knowledge of the hair care industry needed
Labor scales with the dollars earned at your store
National recruiter to assist with staffing
Customized marketing capabilities
Art department to create any assets at no cost
Manager can run the whole show
Stable, recurring revenue cycles
Stellar unit economics

Bishops does not require its owners to have prior industry experience. Instead, new owners will receive all necessary training, as well as assistance with real estate positioning, construction management and dedicated ongoing support.

How Much Can Bishops Franchise Owners Make?

According to third-party sources, the average monthly gross sales of a Bishops Cuts/Color franchise is approximately $42,338 and the median monthly gross sales is $40,520.

How Much Does It Cost To Open a Bishops Franchise?

As of the publishing of this story, the initial investment required to open a Bishops Cuts/Color franchise ranges from $278,550 to $489,600. Franchise owners must also pay an ongoing brand fund fee of 1% and a royalty fee of 7% to 5.75%.

What Is the Franchise Fee for Bishops?

The franchise fee required to open a Bishops Cuts/Colors franchise is $39,500. Interested candidates must also have a minimum net worth of at least $300K.

The brand offers a $5K discount off its initial franchise fee for qualified veterans.

Who’s On Bishops’ Leadership Team?

Leigh Feldman — CEO

What Helpful Articles Can I Read to Learn More About Bishops?

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