Knockouts Haircuts and Grooming
$75,000
$39,500
51
2004
Fort Smith,AR
Matt Merrill
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.
Franchise Unit Trends
51
4
-
* in 2022
Franchise Fees
$39,500
6.0%
Gross Sales
2.0%
Gross Sales
Why Choose Knockouts Haircuts and Grooming?
- 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, your team will manage & operate locations
- We train your staff for you as a semi-absentee owner.
Starting Costs and Investment Requirements
$196,040 - $293,090
$500,000
$75,000
Training and Support
Training is a very important part of the franchise success and it come directly from the Knockouts leadership team.
Our in-depth training program goes as follows:
- Onboarding webinar
- Site selection guidance and lease negotiation support
- Construction guidance and management
- 3 days training at our training facility in Fort Smith, AR. 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.
History
Knockouts Haircuts and Grooming 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 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.”
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.
