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Bishops

Bishops

According to its Franchise Disclosure Document or public business records, Bishops has 22 locations, all owned by franchisees. Public SBA loan records show 13 lenders made 26 loans to franchisees of Bishops. PeerSense calculates Bishops's score as 40 out of 100, using public SBA loan performance and recent lending activity.

What is the Bishops franchise?

Bishops Franchising operates in the beauty salon industry, a market supported by recurring demand for grooming and personal care services. Its founding year is not disclosed. The brand currently has 20 total units, all 20 of them franchised, with no company owned locations. This 100% franchised structure reflects a pure franchise model. Its website is bishopbros.com.pg, which provides geographic context suggesting a connection to Papua New Guinea, although its headquarters are not stated. All 20 active locations have established Google ratings. Globally, the beauty salon market is valued at well over $200 billion annually and is projected to grow at a compound annual growth rate exceeding 6% through the next decade. Haircuts, styling, coloring, and related services support ongoing consumer spending on appearance and well being.

The global beauty salon industry was valued at approximately $230 billion in 2023 and is projected to reach nearly $360 billion by 2030, reflecting a compound annual growth rate of 6.5%. Demand is supported by greater attention to self care and wellness after the pandemic, interest in personalized experiences, and wider acceptance of professional grooming across genders and age groups. Consumers are also spending more on high quality services and products that provide better results and an elevated experience. Rising disposable incomes in developing economies, an aging global population seeking age defying solutions, and younger consumers who value self expression and digital first beauty engagement add to the sector's demand. The market remains highly fragmented, with independent salons representing a significant majority of establishments. That fragmentation gives organized franchise systems an opportunity to offer consistent quality, brand recognition, and defined operating methods. Recurring appointments, product sales, relatively low inventory needs compared with retail, and local customer loyalty can support recurring cash flow.

Specific Bishops Franchising figures for the franchise fee, initial investment, liquid capital, and net worth requirement are not available in the provided data. Across the broader beauty salon sector, franchise fees commonly range from $25,000 to $60,000. These fees generally provide rights to use trademarks, access to proprietary systems, initial training, site selection assistance, and grand opening marketing support. Total initial investment for a standard salon build out commonly ranges from $150,000 to $450,000, depending on location, square footage, leasehold improvements, and equipment. Costs can include salon chairs, washing stations, reception furnishings, point of sale systems, signage, initial inventory, and marketing. Investors may need liquid capital equal to 25% to 35% of the total initial investment for early operating expenses, contingencies, and the ramp up period. Industry net worth requirements often equal 2 to 3 times the total initial investment. Bishops Franchising's royalty and advertising fees are not available. Typical beauty salon royalties range from 5% to 7% of gross revenue, while advertising fees often range from 1% to 2% of gross revenue. Other ownership costs include rent, utilities, payroll, products, and local marketing. A complete projection should account for each of these expenses.

A Bishops Franchising salon would typically manage appointments through walk ins or online booking, provide haircuts, styling, coloring, and texture treatments, and sell retail hair care products. Cleanliness and hygiene are central to the customer experience. Staffing commonly includes hair stylists, salon assistants or apprentices, and a receptionist or salon manager responsible for scheduling, check ins, product sales, and administrative work. Recruiting and retaining skilled professionals affects service quality, repeat visits, and average transaction value. Specific Bishops Franchising format options are not available, but beauty salon franchises may use compact express service kiosks in busy retail centers or larger full service salons in suburban strip malls and urban storefronts. Initial training would typically cover operating procedures, brand standards, customer service, point of sale systems, and advanced styling techniques, helping maintain consistency across all 20 franchised units. Ongoing support may include stylist education, marketing campaigns, professional product supply, operating guidance, and technology updates for booking and client management. Territory rules are not defined. Typical systems provide an exclusive area based on geography or population density, and may support multi unit development for qualified operators.

Industry benchmarks can provide context, but they are not forecasts for a Bishops Franchising location. Results depend on service mix, pricing, and clientele. The industry is projected to grow at a compound annual growth rate exceeding 6% through 2030. Bishops Franchising's 20 active locations, each with established Google ratings, show an operating network and customer activity, but do not provide unit level financial results. Buyers should study local conditions, speak with existing franchisees if permitted, and build projections using conservative assumptions.

Bishops Franchising has 20 total units, all franchised, indicating a focused expansion model. The year it began franchising is not available. Its 20 active locations and established Google ratings show an operating network with market presence. Continued consumer spending on personal care supports the possibility of further expansion in the beauty salon sector. The absence of company owned units may indicate a lean franchisor structure centered on franchisee support, brand development, and system improvements. In a fragmented industry, potential sources of differentiation could include a distinct brand identity, a specific service or pricing model, efficient operations, training, support, and marketing. These points are not documented as confirmed competitive advantages in the provided data. A Bishops Franchising operation would typically use online booking, customer relationship management systems, and social media marketing to attract and retain clients. Franchisor guidance or technology may improve scheduling, customer service, and market reach. Continued service development and adoption of new beauty trends could also support the brand's position.

A strong Bishops Franchising candidate would generally bring entrepreneurial drive, interest in beauty and personal care, business judgment, financial literacy, marketing ability, and operating skills. Direct salon experience may help but is not always required. Leadership is needed to recruit, train, and retain stylists and other staff, while attention to customer service supports repeat visits and referrals. Local community involvement can help an owner understand market conditions and build relationships. The 100% franchised structure may support multi unit ownership for operators with the experience and financial capacity to expand. Territories are typically assessed using demographics, population density, income levels, and competition. The period from signing a franchise agreement to opening may range from 6 to 12 months and can include site selection, lease negotiation, design, build out, equipment procurement, training, and pre opening marketing. The franchise agreement term is not available. Typical initial terms in the industry range from 5 to 10 years, with renewal options.

Bishops Franchising operates in a beauty salon market valued at approximately $230 billion in 2023 and projected to reach nearly $360 billion by 2030, with a compound annual growth rate of 6.5%. The sector's recurring personal care demand supports a service based business model. Those figures describe the broader industry rather than Bishops Franchising results. The 20 locations with Google ratings confirm operational activity, while multi unit development may offer an expansion path for qualified franchisees. Buyers should review the full franchise disclosure document, assess local demand, and prepare projections based on their own costs and operating plans.

Loan Activity Score

40/100

SBA Default Rate

11.5%

Active Lenders

13

22 locations

Total Units

22

22 franchised

Loan Activity Score
High
40
SBA Lending
10
Lender Quality
11
Transparency
9
Reach
7
Momentum
3

Proprietary PeerSense metric

Fair
Capital Sources
13SBA lenders

Distinct lenders in public SBA records for Bishops

26

Total SBA loans

$275K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Bishops

Loan Activity Score Breakdown

Established (25 to 99 loans)

High Confidence
40out of 100
Fair
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety10/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence11/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency9/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint7/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

11.5%

vs 10.8% peer avg

SBA Loans

26

Total Volume

$7.1M

Active Lenders

13

4 selective

States

11

vs. SBA Sector Average

-0.7%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Data Insights

Key performance metrics for Bishops based on SBA lending data

SBA Default Rate

11.5%

0.7% above peer avg

SBA Loan Volume

26 loans

Across 13 lenders

Lender Diversity

13 lenders

Avg 2.0 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Bishops, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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Bishops

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; it does not lend, fund, or approve loans, and 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