Kennedy’s All American Barber Club Franchise
To buy a franchise with Kennedy’s All American Barber Club, you'll need to have at least $150000 in liquid capital and a minimum net worth of $500000. Kennedy’s All American Barber Club charges a franchise fee of $39000.
Franchisor Details
Total Units: -
Year Founded: -
Franchising Since: -
Home Office: Westfield, NJ
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $150,000
Net Worth Required: $500,000
Total Investment: $150,000 – $273,000
Franchise Fee: $39,000
Royalty Type: 6%
Vetern Discount: -
*Kennedy’s All American Barber Club is currently accepting inquiries from the following locations: Alaska, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia
Values & History
Originally founded by Chris Hurn and Tony Zara in Florida, Kennedy's All-American Barber Club began by perfecting the authentic barbershop experience before expanding the brand nationwide. President and CEO Jay Hummer fell in love with the "one-hour vacation destination" business as a client, acquiring the brand in 2015 for the purpose of sharing the experience with a nationwide client base. Having expanded to 11 locations since that time, Hummer brings his considerable experience to bear in the interest of providing a strong business model for franchise owners. The company's headquarters is located in the Boston, MA area.
Industry Performance
Franchisees of the Kennedy's All-American Barber Club business model are able to capitalize on the $59+ billion per year haircutting industry, which is virtually a recession-proof business. Men's grooming products generated sales of $192 million in 2015 and a 9% current value increase. Growth was fueled by demand for shaving related products and deodorants, as well as skin and hair care products, with a 9% increase in revenue for shaving implements and an 8% increase for pre-shave products.
Training & Support
Franchise owners can look forward to comprehensive training under the Kennedy's All-American Barber Club business model. Classroom training includes courses in human resources, sales, operations, marketing, and necessary technology. The program ensures new franchisees are equipped with everything they need to operate their own club and provide excellence in guest services from day one.
Ideal Candidate & Qualifications
The Kennedy's All-American Barber Club model is based on a simple revenue and expense premise, making it an excellent opportunity for first-time franchisees, whether you plan to lead your own Kennedy's team on a daily basis or manage as an absentee owner. Ideal candidates will be savvy business-minded leaders who believe in the scalability of the brand. A sales background, or desire to learn sales concepts is preferred, while a genuine interest in providing the finest in customer service is obviously welcomed.
Purchasing a Kennedy's All American Barber Club Franchise
Interested parties need $150k in liquid capital, with a franchise fee of $39k applicable. A net worth of $500k is required, along with a 2% advertising fee and royalties of 6%. Total investment costs will range from $150k - $273k, and financing for qualified candidates is available through a third-party.
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