Bishops Barbershop vs Vs Barbershop
Bishops Barbershop vs Vs Barbershop: Bishops Barbershop costs $102K to $618K to open; Vs Barbershop costs $163K to $369K. Bishops Barbershop has 11 units, Vs Barbershop has 10. SBA loan history: Bishops Barbershop = 13 loans (7.7% default); Vs Barbershop = 10 loans (0.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
Bishops Barbershop vs Vs Barbershop: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Bishops Barbershop requires the lower minimum capital commitment ($102K vs $163K for Vs Barbershop), a 37% spread. Initial franchise fees come in at $35K for Bishops Barbershop versus $40K for Vs Barbershop, Bishops Barbershop has the lower entry fee. Ongoing royalty load is 6% for Bishops Barbershop and 6% for Vs Barbershop, equal royalty drag.
System Scale & Tenure
On scale, Bishops Barbershop operates 11 units to Vs Barbershop's 10. Bishops Barbershop has been operating 25 years (founded 2001) versus 21 for Vs Barbershop (founded 2005), a 4-year tenure gap that affects unit-economics maturity and FDD revision history.
SBA Lending Profile
Bishops Barbershop has the deeper SBA lending track record, with 13 7(a) approvals compared with 10 for Vs Barbershop. Bishops Barbershop's peak SBA year was 2018 (9 loans); Vs Barbershop's peak was 2018 (3 loans). Vs Barbershop's more recent peak generally indicates fresher lender appetite. Bishops Barbershop has the most SBA funded units in CA, with 4. Vs Barbershop leads in TX, with 2. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Bishops Barbershop deals is $264K vs $272K for Vs Barbershop, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 7.7% for Bishops Barbershop and 0.0% for Vs Barbershop, Vs Barbershop has the cleaner SBA loss record by 7.7 points. PeerSense FPI scores come in at 45 (Fair) for Bishops Barbershop and 55 (Moderate) for Vs Barbershop, giving Vs Barbershop the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 45/100 | 55/100 |
Health Tier | Fair | Moderate |
Confidence | N/A | N/A |
Lending Trend | Declining | Declining |
SBA Lending
SBA Loans | 13 | 10 |
SBA Volume | – | – |
Default Rate | 7.7% | 0.0% |
Peer Tier | growing | growing |
Investment & Costs
Total Investment | $102K to $618K | $163K to $369K |
Franchise Fee | $35K | $40K |
Royalty Rate | 6% | 6% |
Ad Fund | 1% | 3% |
Liquid Capital | N/A | N/A |
Net Worth Required | N/A | N/A |
Financial Performance (Item 19)
Item 19 Status | Disclosed | Disclosed |
System Size & Operations
Total Units | 11 | 10 |
Franchised Units | 11 | 10 |
Company Owned | – | – |
Term Length | N/A | 10 yrs |
Brand Information
Year Founded | 2001 | 2005 |
Franchising Since | 2023 | 2024 |
Years Franchising | 3 yrs | 2 yrs |
Headquarters | ANAHEIM, CA | Phoenix, AZ |
Category | Barber Shops | Barber Shops |
Website | ||
FDD Year | 2024 | 2026 |
Which Is Better, Bishops Barbershop or Vs Barbershop?
Lower upfront capital required
Bishops Barbershop
Bishops Barbershop: $102K starting · Vs Barbershop: $163K starting
More SBA lender confidence
Bishops Barbershop
Bishops Barbershop: 13 SBA loans · Vs Barbershop: 10 SBA loans
Lower SBA default rate
Vs Barbershop
Bishops Barbershop: 7.7% · Vs Barbershop: 0.0%
Larger system & brand presence
Bishops Barbershop
Bishops Barbershop: 11 units · Vs Barbershop: 10 units
Lower ongoing royalty load
Tie
Bishops Barbershop: 6% · Vs Barbershop: 6%
More lender financing options
Vs Barbershop
Bishops Barbershop: 6 unique lenders · Vs Barbershop: 7 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
Bishops Barbershop vs Vs Barbershop: Franchise Funding Comparison
Comparing Bishops Barbershop and Vs Barbershop is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $102K to $618K.
Bishops Barbershop has 13 SBA loans on record and Vs Barbershop has 10. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
Bishops Barbershop vs Vs Barbershop, Frequently Asked Questions
Which is a better franchise investment, Bishops Barbershop or Vs Barbershop?
How much does a Bishops Barbershop franchise cost compared to Vs Barbershop?
Can I finance Bishops Barbershop or Vs Barbershop with an SBA loan?
Which has a lower SBA default rate, Bishops Barbershop or Vs Barbershop?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman