Knockouts Haircuts for Men Franchise

Detailed Information

Capital Required
$196,040 - $293,090

Liquid Capital
$150,000

Net Worth
$500,000

Financing Assistance
No Financing Available

Training and Support
Available

Initial Franchise Fee
$75,000

CEO Name
Tom Friday

Company Owned Units
10

Existing Units
58

Capital Required $196,040 - $293,090

Liquid Capital $150,000

Net Worth $500,000

Financing No Financing Available

Training & Support Available

Initial Franchise Fee $75,000

CEO Name Tom Friday

Company Owned Units 10

Existing Units 58

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Overview

Men's grooming is booming, and Knockouts has been a major player since it's founding in 2003. We pioneered the upscale men's hair care and grooming segment. Others have copied Knockouts innovative approach but all are charging higher franchise fees and royalties. We are not just a great brand. We want our franchisees to be successful too!

Knockouts salons offer superior men's grooming at a competitive price point. We provide a wide range of professional services (haircutting, coloring, massage, manicures, pedicures, and waxing) in a classy, sports-themed environment that appeals to men. Our total investment and build out package are the lowest in the Men's Grooming space.

We are seeking franchise partners who can commit to 3 or more salons and through our master franchise agreement we'll share royalties with those franchise partners. How can you beat that?

Why Choose Us?

  • Pay ONLY 3% Royalty fee with our Multi Unit Master Franchise agreement
  • Haircutting is a $40-50 billion U.S. industry, annually
  • The men's market is growing at almost 12% per year; more than twice the rate of the women’s salon industry.
  • Cash business, no collections (receivables)
  • Site Selection and Construction management
  • Low start-up $$$ are the lowest of all Salon franchises
  • No experience needed, Knockouts Girls® manage & operate locations
  • We train your staff for you as an semi-absentee owner.

Ideal Candidate

Our model franchise owner has an entrepreneurial attitude yet doesn't desire to work in a business daily. They are empire builders who have the drive to develop multiple locations. The passive operation model allows them to invest, hire a team to run the business all while keeping their current job or business. They like to follow a system and work well within a proven system. Candidates often are looking for a simple business that they can grow to build wealth for retirement. They want to be in a fun, easy to manage model.

History

Knockouts Haircuts for Men started in Addison, TX in 2003 by Tom and Karin Friday. The foundation of the company concentrated on creating a place and atmosphere where any customer would feel comfortable being well groomed and pampered. Starting with only 7 employees, they focused on building a unique hair cutting and grooming experience. Two of the the original employees, Christen and Vicki still work for Knockouts. In fact, Vicki is now a franchisee and owns two stores! The winning concept came alive at the Addison location and opened the door for franchisee opportunities worldwide. Knockouts sold the first franchise in 2004, to our current franchisee Jack Boyd.

Under the leadership of founders, Tom & Karin Friday, the concept has proved to be a big success. “Customers love to be pampered within an atmosphere that is inviting and relaxing.”

Training And Support

Training is a very important part of the franchise success and it come directly from the Knockouts leadership team. CEO Tom and President Karin Friday personally lead the training and support.

Our in-depth training program goes as follows:

*Onboarding webinar with Karin Friday

*3 days start up training at our training facility in Irving, TX. Training is on build out, systems, product, marketing and networking, operation, sales, CRM, hiring and store layout.

*5 days at the franchisee location prior to opening. We'll lead them through a deeper dive of all the training segments for the franchise owners and train all staff ensuring they are ready to successfully open and operate the business.

*We support our our franchise partners ongoing with updated best practices, new vendors and improved systems, marketing approaches, etc. We continue innovation and R&D so our franchisees can focus on growing their business.

*Manufacture reps will introduce new products and continue to train on a on-going basis.

Add to Request List Added to List

Get Free Information about this great opportunity!

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Detailed Information

Capital Required
$196,040 - $293,090

Liquid Capital
$150,000

Net Worth
$500,000

Financing Assistance
No Financing Available

Training and Support
Available

Initial Franchise Fee
$75,000

CEO Name
Tom Friday

Company Owned Units
10

Existing Units
58

Capital Required $196,040 - $293,090

Liquid Capital $150,000

Net Worth $500,000

Financing No Financing Available

Training & Support Available

Initial Franchise Fee $75,000

CEO Name Tom Friday

Company Owned Units 10

Existing Units 58

 

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