A PATHWAY TO Business ownership
If you’re reading this page, chances are you’re thinking about your future. So how about a future that offers flexibility and cashflow, built through a business you can be proud of? If you’re a doer and want to build your income, BarberShopCo is an essential product/service provider that leads the New Zealand men’s grooming market. Here’s a few points to help you test whether this is an opportunity you should consider:
- Improved cashflow is what you're seeking to create better options. You & your partner (if applicable) have realised that passive returns won't necessarily provide the income required.
- This is why you're thinking about going into business.
- If you're going into business, you want it to be providing an essential product or service & a franchise/license model further reduces risk. There has been plenty of hair grow in the time it's taken you to read this page!
- If you're going into business, it makes sense to go with the leading brand & one that is disrupting the market (that's us!).
- You may also be looking for an improved return on your time and want flexibility to be present with your family, enjoy hobbies & choose your locale!
- You have been successful in your career and can invest $500K to secure and/or establish your first two sites.
- You're looking to achieve between $300K & $500K in annual Operating Profit (plus capital gain) & recognise that effort multiplied by your capability will determine timeline.
If you’ve mentally ticked the above boxes - BarberShopCo could be the business opportunity for you!
NO BARBERING EXPERIENCE NECESSARY
People from all walks of life have the ability to run their own successful BarberShopCo business. Our owners don’t cut hair & have come to us from diverse backgrounds, including finance, high-performance sports, and retail. You do need to have leadership experience & have achieved demonstrable success building performance through others. In many cases our owners are a two person team where each person leverages their own set of skills and available time to further improve performance.
SUPPORTED FROM THE START
BarberShopCo provides a comprehensive Induction Process – to make it easier for you to hit the ground running. The company will also support you to identify either existing sites (if available) or to secure & develop greenfield opportunities.
BarberShopCo operates a multi-store model with a two store minimum. In some cases the company will support candidates into one store on the basis that the second site is either underway or secured within six months from the date of commencement.
In some cases the company has provided partial franchisee funding and will consider on a case by case basis and where a candidate meets all other requirements.
RIGHT ON THE MONEY
The most common questions we get from potential store owners are around the financial aspects of purchasing a store. As a guide, green-field BarberShopCo stores typically cost between $150K - $225K to establish (including store fit-out, license fee and opening stock). By following our tried-and-true processes and procedures, you can begin building a return from your investment early on. Established owners aim for between $200K & $400K in annual Operating Profit (two stores) & typically work between 15 & 35 hours per week.
why now?
Barber Shop Company Ltd. opened it's first store in 2015 and is already the largest barbering company in New Zealand. The company continues to innovate and build new ways to disrupt. Check out Shave for Free and BarberShopCo Q as examples of this. The company is currently seeking experienced leaders to leverage the BarberShopCo brand in new and untouched markets including:
- Christchurch
- Queenstown
- Nelson
- Wellington
- Palmerston North
- Havelock North
- Dunedin
- Invercargill
- Ashburton
