GQ Barber Shop started from a humble beginning as a modest barbershop established in a small spot situated at Ever Gotesco Mall along Ortigas Extension in 1997 with a total of 9 servicing staff. With an end in mind of serving the neighboring customers with the utmost quality, giving the value for money services, they worked as a team. Having the positive outlook of the owners, its vision of becoming one of most popular barbershop in the country becomes a reality.
GQ Barber Shop provides a wide range of hair services that will give you your best look for less. Done by the best barbers in the country, Aside from Haircut, they also offer Hair Spa, Facial Shave, Hair Dye, Foot Services, Massage Services and Nail Services.
GQ Barber Shop was awarded as the “2013 Consumers Choice Awardee” by the prestigious award giving body named, Consumers Choice Awards Committee and the national Consumer Affairs Foundation and the “2013 Best Barber Shop in the Philippines Awardee” given by the Global Brand Quality Award.
The company took its big hop in the early ‘90s when they started the expansion from one shop to another. To-date, a total of 32 company-owned branches were established all over Northern, Southern Luzon and Metro Manila, with a total of more than 300 well-trained employees, serving an approximate number of 70,000 monthly customers nationwide.
GQ Barbershop developed its partnership with the different companies namely: SM Supermalls, Megaworld Lifestyle Malls, Ayala Malls , Waltermart Malls, Mallers Investments Corp, Federal Land & Starmall Prima where all the branches are located. The success of the company is a joint effort of the owners and its employees in delighting customers.
Trainings & Seminars are provided to all staff as the major thrust for Employees Learning & Development Program, to ensure that everyone gets on top of the latest trends, develop its personality and improve customer relation.
Mission Statement:
GQ Barbershop is committed in serving its customers, both the internal (employees & service provider) and external (client), based on the superior standard practices of the classified industry knowledge and skills. The owner is also committed to providing an informal yet professional environment that encourages and rewards creativity, insight, teamwork and enthusiasm. The culture and philosophy of the company is based on the values that clarify thoughts of Honesty & Integrity.
GQ is committed in providing excellent services to its customers by their well-trained and friendly staff in its exclusive & cozy ambience.
How to franchise GQ Barbershop:
Franchise Fee: Php300,000.00
GQ Barber Shop Franchise Inclusion:
- Trade name and proprietary marks
- Site approval
- Training for the Franchisee and service staff
- Procurement program
- Opening assistance
- Operations manual (on loan)
- Research and development
Initial Term: 5 years, renewal
Royalty Fee: 5% of gross sales
Minimum Space Requirement: 80 sqm.
Capital Requirement: Php2 Million
Contract Details of GQ Barbershop:
G/F Lafayette 3 Cond. Orchard Drive
Eastwood City, Libis, Quezon City, Philippines
Contact Person: Ms. Annavi Bautista Tamor
Tel: (632) 661-4125
Mobile: (0908)162-5487
Email: [email protected] or [email protected]
Visit Website (This link will open on a new window)
Basics of Franchising GQ Barbershop
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from GQ Barbershop, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising GQ Barbershop is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising GQ Barbershop offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.
Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.
Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.
GQ Barbershop is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like GQ Barbershop due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by GQ Barbershop, reducing the risks associated with independent entrepreneurship.
Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.
Availing financing from various sectors is highly likely due to a good brand reputation.
Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.
Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of GQ Barbershop also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.
Formula for success that a franchisor may provide.
Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.
5 things to consider when franchising GQ Barbershop
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
2 Be certain that you can work harmoniously with GQ Barbershop franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.
3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising GQ Barbershop.
4 Check if GQ Barbershop franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.
5 Best location is one key aspect to have a successful GQ Barbershop franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful GQ Barbershop franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:
Research
Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.
Understand the Franchise Agreement
Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.
Financial Planning
Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.
Training and Support
Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.
Location Selection
If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.
Follow the System
One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.
Provide Excellent Customer Service
Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.
Marketing and Promotion
Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.
Manage Finances Wisely
Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.
Adapt and Innovate
Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.
Network with Other Franchisees
Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.
Stay Committed
Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.
By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful GQ Barbershop franchisee.