OWN YOUR FUTURE
IN A BUSINESS WITH BUILT-IN DEMAND, PREDICTABLE REVENUE, AND ONE THAT CAN’T BE REPLACED BY ROBOTS…
OUR STORY
IN 2001, A GOOD HAIRCUT WAS EXPENSIVE AND AN AFFORDABLE ONE WAS BAD. OUR FOUNDER, LEO RIVERA, WAS DETERMINED TO CHANGE THAT AND ACHIEVE ONE OF HIS LIFE GOALS IN THE PROCESS – BECOME THE BOSS HE ALWAYS WISH HE HAD.
“I DIDN’T KNOW ANYTHING ABOUT HAIR…I JUST WANTED TO BE MY OWN BOSS BY 30.” — LEO RIVERA, CEO / FOUNDER
LEAVING THE CORPORATE WORLD BEHIND TO TAKE THE BIG LEAP, HE INTRODUCED PORTLAND, OR TO BISHOPS – ACCESSIBLE, SHARP, AND UNPRETENTIOUS HAIRCARE, FOR ALL PEOPLE, AT AN APPROPRIATE PRICE.
POSITIONED BETWEEN THE EXPENSIVE SALON AND THE VALUE CHAIN CHOP SHOP WITH NO PERSONALITY, BISHOPS GAVE CUSTOMERS A NEW EXPERIENCE – ONE FUELED BY ART, MUSIC, CULTURE, AND COMMUNITY.
OUR BRAND
DIFFERENT IS GOOD. DIFFERENT SHOULD BE CELEBRATED. WE CAN BE DIFFERENT TOGETHER.
THE BELIEF
AT BISHOPS, WE EMBRACE INDIVIDUALITY. OUR CUSTOMERS ARE PROUD OF WHO THEY ARE AND ENERGIZED TO EXPLORE WHO THEY CAN BE. FROM THE RAINBOW HAIRED FESTIVAL GOER TO THE CLEAN-CUT EXECUTIVE, WE DELIVER CONFIDENCE WITHOUT PRETENSION OR EXCLUSIVITY.
HERE TO EMPOWER YOU TO BE WHOEVER YOU WANT TO BE, JUDGEMENT FREE.
THE MISSION
OUR BRAND IS ABOUT CULTIVATING PERSONAL AUTHENTICITY AND THAT STARTS WITH OUR STAFF. OUR STYLISTS ARE A TEAM OF ARTISTS WORKING TOGETHER TO MAKE PEOPLE LOOK GOOD. WE DON’T MAKE THEM WEAR CHEESY UNIFORMS OR COVER UP THEIR TATTOOS. ALLOWING OUR STAFF TO BE THEMSELVES CREATES HIGH RETENTION, LOYAL CUSTOMERS, AND ENTHUSIASTIC REFERRALS.
TAKE PRIDE IN THE CRAFT. BE A DECENT HUMAN. HAVE A GOOD TIME DOING IT.
BISHOPS HAS BEEN PROFILED IN…
OUR BUSINESS
AN A-LA-CARTE MENU OF CUTS, COLOR, STYLING, TREATMENT, AND GROOMING OPTIONS GIVES CUSTOMERS FULL CONTROL OVER THEIR EXPERIENCE. THEY CAN WALK-IN ANYTIME OR CHECK-IN ONLINE FOR AN APPOINTMENT. OUR FRANCHISE MODEL DELIVERS HIGH QUALITY HAIRCARE, IN A MODERN RETAIL SPACE, AT APPROPRIATE PRICES, AND IN SELECT CITIES, CLIENTS EVEN GET A FREE BEER OR NA BEVERAGE WHILE THEY WAIT.
BISHOPS IS INTENTIONALLY UNCONVENTIONAL. INSTEAD OF PLAYING BACKGROUND MUSIC, WE PLAY MUSIC VIDEOS. INSTEAD OF BEIGE WALLS, OURS ARE COVERED IN ART THAT MIGHT BE FOUND IN AN INDIE GALLERY. INSTEAD OF A POLO WITH OUR LOGO ON IT, OUR STYLISTS WEAR WHAT THEY WANT, BUT HAPPILY ROCK OUR CUSTOM ORANGE LABEL MERCH.
WE OFFER ADVANCEMENT AND EARNING POTENTIAL UNAVAILABLE AT MOST HAIRSHOPS. EVERY BISHOPS EMPLOYEE ALSO GETS A FULL SUITE OF MARKETING TOOLS, CONTINUING EDUCATION AT NO COST, HANDS ON CLASSES FROM OUR BRAND PARTNERS IN YOUR STORE, AND THE OPPORTUNITY TO BECOME EDUCATORS AND AMBASSADORS WITHIN OUR SYSTEM. WE MAKE IT HARD TO WANT TO WORK ANYWHERE ELSE.
YOUR OPPORTUNITY
BISHOPS DOMINATES WHITESPACE IN A RECESSION RESISTANT, $86 BILLION INDUSTRY, WITH NO SIGNS OF SLOWING DOWN. WE BRING THE SAME BRAND BUILDING, DESIGN THINKING, LIFESTYLE MARKETING MENTALITY TO THE HAIRCARE INDUSTRY THAT OTHER VERTICALS HAVE SEEN IMMENSE SUCCESS IN.
- BISHOPS PROVIDES AN EXECUTIVE, SEMI-ABSENTEE, FRANCHISE MODEL THAT’S BEEN PERFECTED FOR OVER 20+ YEARS
- BISHOPS IS A LOW-TECH ENTRY IN ANY SPACE – O365 AND A POINT OF SALE SYSTEM
- LOW INVENTORY CARRIED – ORDER WHAT YOU NEED
- NO AR CARRIED
- NO REQUIRED KNOWLEDGE OF THE HAIR CARE INDUSTRY NEEDED
- LABOR SCALES WITH THE DOLLARS EARNED AT YOUR STORE
- BISHOPS HAS A NATIONAL RECRUITER TO ASSIST WITH STAFFING
- YOU HAVE CUSTOMIZATION CAPABILITIES FOR YOUR MARKETING TO FIT YOUR MARKET
- BISHOPS PROVIDES AN ART DEPARTMENT TO CREATE ANY ASSETS YOU NEED AT NO COST
- A GREAT MANAGER CAN RUN THE WHOLE SHOW
- HAIRCARE HAS STABLE, RECURRING REVENUE CYCLES, AND BISHOPS HAS STELLAR UNIT ECONOMICS
22
NUMBER OF YEARS IN BUSINESS
42
LOCATIONS
400,000+
APPOINTMENTS/YR
WE PROVIDE COMPLETE FRANCHISE FULFILLMENT INCLUDING REAL ESTATE POSITIONING, CONSTRUCTION MANAGEMENT, IN-DEPTH TRAINING, AND DEDICATED ONGOING SUPPORT. OUR SHOPS ARE FAST TO OPEN WITH MINIMAL BUILD OUTS AND PREDICTABLE GROWTH.
EVERY BISHOPS LOCATION IS OVERSEEN BY A MANAGER AND UNLIKE OTHER VERTICALS, OUR EMPLOYEES ARE THE REVENUE SOURCE.
FOR BOTH GO-TO-MARKET AND IN-MARKET STAGES, WE APPLY AN OMNI-CHANNEL, INTEGRATED MARKETING APPROACH THAT’S DESIGNED TO ADAPT TO A MYRIAD OF DMAS. THIS INCLUDES DIGITAL, TRADITIONAL, AND GRASSROOTS COMMUNICATION. OUR OBJECTIVE IS GETTING BUTTS IN SEATS AND PROVIDING A TRULY REMARKABLE EXPERIENCE, SO MUCH SO THAT CLIENTS WILL ASK THEIR FRIENDS AND FAMILY, “HAVE YOU BEEN TO BISHOPS?”
OUR PROCESS
THE ROAD TO OWNERSHIP IS DESIGNED TO FULLY EDUCATE FRANCHISEES ON THE BISHOPS’ OPPORTUNITY AND VET CANDIDATES TO ENSURE A FRUITFUL, LONG TERM RELATIONSHIP.
WE BREAK OUR PROCESS OUT INTO 3 PHASES:
PHASE 1
- INITIAL INQUIRY
- INTRO CALL
- UNIT ECONOMICS / FINANCE LIVE WEBINAR
- MARKETING / OPS LIVE WEBINAR
PHASE 2
- GROUP CALLS WITH LEADERSHIP, EXISTING FRANCHISEES, AND REAL ESTATE TEAM
- FINANCIAL DISCLOSURE DOCUMENT (FDD) REVIEW
- DISCOVERY DAY – TOUR AND PRESENTATION IN PORTLAND, OR
PHASE 3
- FINALIZE TERRITORY
- SIGN AGREEMENT
- FRANCHISE TRAINING
IN OUR YEARS OF FRANCHISING, WE’VE IDENTIFIED 3 KEY ATTRIBUTES IN FRANCHISEE PARTNERSHIPS THAT HAVE SEEN IMMENSE SUCCESS: PROCESS DRIVEN INDIVIDUALS, THE DESIRE TO BE PROACTIVE IN THE COMMUNITY, AND THE VISION TO SCALE MULTIPLE LOCATIONS. IT IS A PARTNERSHIP THAT WORKS IF WE COLLECTIVELY WORK IT.
TO QUALIFY
TO SEE IF WE’RE A MATCH, WE HAVE A FEW REQUIREMENTS POTENTIAL CANDIDATES NEED TO MEET.
$300,000 NET WORTH REQUIREMENT / $80,000 LIQUIDITY REQUIREMENT
WE ALSO LOOK FOR GOOD CREDIT AND THE ABILITY TO SUPPORT YOUR LIFESTYLE WHILE LAUNCHING BISHOPS IN YOUR DESIGNATED TERRITORY.
INVESTMENT
OUR ESTIMATE FOR YOUR INITIAL INVESTMENT IS $278,550 TO $489,600, ACCORDING TO OUR FDD.
EVERYBODY NEEDS HAIRCUTS. THAT’S NOT GOING TO CHANGE. HOWEVER, BISHOPS IS ACTIVELY CHANGING THE EXPECTATION OF WHAT A HAIRCUT CAN BE. WE SEE A FUTURE WHERE CONSUMERS WILL ALWAYS CHOOSE THE SOCIALLY CONSCIOUS, COMMUNITY ORIENTED, FUN LOVING, ARTIST DRIVEN BRAND OVER THE BORING OPTION. IF YOU CAN SEE THAT TOO, JOIN US.