The Wolf Report

Share this post

Week 15: Diesel Barbershop

www.franchisebreakdowns.com

Week 15: Diesel Barbershop

A haircut franchise + celeb athletes making franchise moves

Nov 8, 2021
Share this post

Week 15: Diesel Barbershop

www.franchisebreakdowns.com

Welcome to Franchise Breakdowns, a weekly email covering up & coming franchises & the entrepreneur’s behind them. If you’re reading this but haven’t subscribed, you can do so here:

Gm franchise fans,

It was marathon day in NYC yesterday - the amount of positive energy and support that people show on this day is pretty incredible to witness. If running a marathon isn’t for you, attending one is still an awesome experience!

Today’s edition:

  • Cannabis franchises heating up

  • Tim Tebow & Shaq Making Franchise Moves

  • Breakdown: Diesel Barbershop out of San Antonio, Texas

See you at the bottom!

Franchise Headlines

Cannabis Consumption Lounge Plans National Expansion

Bud’s Place, a startup franchisor of social cannabis consumption lounges, has partnered with a company called Status Group International to accelerate Bud’s growth.

Bud’s Place offers a safe & clean place to smoke and enjoy yourself, and has food and entertainment the same way a bar does for consumers of alcohol.

This story signals a trend that is in early innings but I expect to be major winners in over the next decade: cannabis businesses. Recreational marijuana use is steadily gaining legality across the country, and as it does, franchises like Bud’s place will only see increased demand.

More Headlines

Whopper with a side of Bitcoin?
Burger King and Robinhood teamed up in a crypto giveaway

Tim Tebow Partners With Clean Juice as Brand Ambassador
The former NFL player is an equity investor and will open new corporate restaurants

Shaquille O’Neal’s Big Chicken Franchise Signs Multi-Unit Deal
Shaq’s brand will be expanding to Seattle via experienced restauranteer’s

Breakdown: Diesel Barbershop

Franchise Opportunities at Diesel | Diesel Barber Shop

Fast Facts

Background

  • Founded in 2011, franchising since 2017

  • Based in San Antonio, Texas; 30 units open as of 2021

  • A full service barbershop that gives you the classic garage feel for hair and beard needs

Fees + Investment

  • Royalty: 7.5% of gross revenue

  • Brand Fund: 1% of gross revenue

  • Franchise Fee: $40,000

  • Initial Investment: $336,500 - $413,500

Financial Performance

  • The following data is from a table that illustrates historical data from 5-6 affiliate locations. I have snipped the table to show the average total revenue and average net profit for each locations 1st-4th year of operations

The Wolf’s Take 🍟 

Diesel shows healthy growth in revenue and profits from year 1 through year 4 for a handful of their affiliate locations. Their oldest store which has been open 8 years as of 2020, shows the highest revenue by a margin of $250k.

Barbershops - outside of a global pandemic - are typically very dependable businesses. Diesel looks to be a more unique brand with its vintage theme, especially when compared to the generic Supercuts/ Sports Clips/Great Clips franchises.

It’s early on in their growth with 30+ units open so if the haircare industry is of interest this is a good brand to look into!

Recent Press

  • Diesel Barbershop Now Open at CityLine

Twitter Watch 👀

Twitter avatar for @franchisewolf
The Wolf of Franchises 🍟 @franchisewolf
Saturday thought: Blockbuster is still such a well known brand, with a little creativity I feel like there's gotta be a way it can come back and monetize
6:19 PM ∙ Nov 6, 2021
52Likes2Retweets

Share your thoughts on Twitter!

@franchisewolf

That’s it for this week’s Franchise Breakdowns. Feel free to reply with any questions or feedback, or leave a comment. If someone sent this your way and you haven’t subscribed yet, you can also do that below. Thanks and see you next week!

Leave a comment

NOTICE REGARDING FRANCHISE INFORMATION

The Wolf of Franchises does NOT guarantee the financial performance of any franchise mentioned. The decision to purchase a licensed affiliate or franchise must be based on your own independent research. The Wolf of Franchises is not liable for any representation made by an affiliate, associate, marketing material, or Franchise Disclosure Document of a franchise with respect to real estate, financial, operations, or marketing performance of the business being acquired.

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only, and any financial data is based upon information provided by franchises in their respective Franchise Disclosure Document. The offer of a franchise can only be made through the delivery of a franchise disclosure document, from a certified seller of the brand, which The Wolf of Franchises makes no claim to be. Do not consider any information here as a guarantee of financial performance. The Wolf of Franchises has no affiliation or relationship of any kind with any of the brands covered in this newsletter, but simply provides data that is publicly available online or in Franchise Disclosure Documents.

All data from Franchise Disclosure Document’s is based on past performance, and if you were to purchase a franchise covered in the Wolf of Franchises newsletter, there is absolutely no guarantee that your business will perform similarly to existing owners of said franchise.

Share this post

Week 15: Diesel Barbershop

www.franchisebreakdowns.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 The Wolf of Franchises 🍟
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing