Franopolis

    Bishops

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources
    Franchising since
    2007
    Source: franchise.org
    Headquarters
    Southlake, TX United States
    Source: franchise.org

    Bishops Cuts/Colors provides haircuts, hair coloring, beard trims, blowouts and related salon services. Its shops serve customers of all ages and genders and accept walk-ins as well as bookings.

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    Headline figures

    Bishops quick facts

    Is Bishops a franchise?
    Yes. Bishops offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 80 franchised and 0 company-owned outlets (2026 FDD, Item 20, PDF p. 49).
    How much does it cost to open a Bishops franchise?
    The Bishops Franchise Disclosure Document reports an estimated initial investment of $373,442–$544,293 for its multi-unit format (2026 FDD, Item 7, PDF p. 23). This is the franchisor's disclosed estimate, not a quote. Details
    What is the Bishops initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $50,000 (2026 FDD, Item 5, PDF p. 15). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Bishops charge?
    The disclosed ongoing royalty is 6% (2026 FDD, Item 6, PDF p. 16). The brand or advertising fund contribution is $1,500 (2026 FDD, Item 6, PDF p. 17). Other recurring fees are listed in Item 6. Details
    Does Bishops disclose financial performance (Item 19)?
    Yes. The Bishops FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 48). Figures apply only to the locations and period each one covers. Details
    How many Bishops locations are there?
    The FDD reports 80 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 49). Existing locations do not indicate territory availability. Details
    Is Bishops a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $373,442 – $544,293 (Single store — As arranged As incurred Various Grand Total) in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 49 separate groups: other measures for 1 Franchised store; other measures for 1 Franchised store; other measures for 1 Franchised locations; other measures for 1 Franchised store; other measures for 1 Franchised locations; other measures for 1 Franchised store; other measures for 1 Franchised store; other measures for 1 Franchised locations; other measures for 1 Franchised store; other measures for 1 Franchised locations; other measures for 1 Franchised store; other measures for 1 Franchised store; other measures for 1 Franchised locations; other measures for 1 Franchised store; other measures for 1 Franchised locations; other measures for 1 Franchised store; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 10 Franchised locations; other measures for 10 Franchised locations; other measures for 10 Franchised locations; other measures for 10 Franchised locations; other measures and revenue for 10 locations; revenue and other measures for 10 locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; other measures for 1 Franchised locations; revenue and other measures for 10 locations; revenue for 10 locations; revenue for 10 locations. They are not combined.
    3. 3Outlets held steady in 2025, to 80 (Systemwide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Franchises under $500kOther brands whose disclosed Item 7 low end fits this budget.Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Bishops head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    BishopsVSGreat Clips, Inc.
    Compare head-to-head
    BishopsVSFantastic Sams Hair Salons
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    BishopsVSDrybar
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    BishopsVSCookie Cutters Haircuts for Kids
    Compare head-to-head

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 23

    Formats disclosed in Item 7 (3)

    Each format has its own total. The total depends on the format you choose; multi-unit packages are listed but not included in the headline range.

    • Single store — As arranged As incurred Various Grand TotalMulti-unitPDF p. 23$373,442 – $544,293
    • Two-store development total and first storeMulti-unitPDF p. 23$413,442
    • Three-store development total and first storeMulti-unitPDF p. 23$443,442

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 15
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty fee: 6% of Gross Revenue per month, collected weeklyMain ongoing fee

    81 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    49 separate populations, shown apart. Revenue is not owner income.

    1 locations

    Other measures · 1 locations

    Who is counted
    Quartile 1 Store 1 OR opened 12/18/2010
    Period
    Total revenue
    Excluded
    Not open full calendar year excluded.
    Method
    Forty full-calendar-year stores; quartile source summary values not recomputed.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, as labeled in the FDD · counts as of Year 2025 of each year.

    2026 FDD · Item 20 · PDF p. 49

    Net +38 outlets, 2022–2025

    042202212020231202024802025+780−40

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($373,442 – $544,293) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 80 to 80 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 23
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 15
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 1 OR opened 12/18/2010 · PDF p. 48
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 2 OH opened 6/30/2018 · PDF p. 48
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 2 OH opened 4/14/2018 · PDF p. 48
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 3 CO opened 1/18/2020 · PDF p. 48
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 3 OR opened 6/2/2018 · PDF p. 48
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 4 OR opened 11/14/2009 · PDF p. 48
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 5 AZ opened 6/10/2017 · PDF p. 48
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 5 NC opened 5/11/2019 · PDF p. 48
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 6 OR opened 1/31/2015 · PDF p. 48
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 6 CA opened 5/25/2019 · PDF p. 48
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 7 CA opened 8/18/2018 · PDF p. 48
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 8 WA opened 5/5/2018 · PDF p. 48
    15. [15]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 8 VA opened 9/21/2019 · PDF p. 48
    16. [16]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 9 OR opened 5/26/2018 · PDF p. 48
    17. [17]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 9 WA opened 11/23/2019 · PDF p. 48
    18. [18]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 Store 10 WA opened 10/20/2021 · PDF p. 48
    19. [19]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 1 WA opened 5/12/2018 · PDF p. 48
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 1 TX opened 11/16/2019 · PDF p. 48
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 2 DC opened 8/17/2019 · PDF p. 48
    22. [22]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 2 IN opened 10/7/2017 · PDF p. 48
    23. [23]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 3 MN opened 11/9/2019 · PDF p. 48
    24. [24]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 4 CA opened 12/1/2018 · PDF p. 48
    25. [25]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 5 CA opened 11/10/2018 · PDF p. 48
    26. [26]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 5 CA opened 5/18/2019 · PDF p. 48
    27. [27]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 6 WA opened 11/22/2017 · PDF p. 48
    28. [28]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 7 CA opened 3/2/2018 · PDF p. 48
    29. [29]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 7 TX opened 2/29/2020 · PDF p. 48
    30. [30]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 8 WA opened 12/1/2018 · PDF p. 48
    31. [31]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 8 OR opened 4/27/2019 · PDF p. 48
    32. [32]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 9 OH opened 8/5/2017 · PDF p. 48
    33. [33]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 10 OR opened 9/10/2011 · PDF p. 48
    34. [34]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 10 CA opened 7/28/2018 · PDF p. 48
    35. [35]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 · PDF p. 48
    36. [36]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 · PDF p. 48
    37. [37]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 · PDF p. 48
    38. [38]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 · PDF p. 48
    39. [39]Item 19 — Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 4, Measurement Period calendar year 2025. · PDF p. 48
    40. [40]Item 19 — Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 3, Measurement Period calendar year 2025. · PDF p. 48
    41. [41]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 6 MT opened 12/7/2017 · PDF p. 48
    42. [42]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 Store 4 GA opened 3/24/2018 · PDF p. 48
    43. [43]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 10 VA opened 10/5/2019 · PDF p. 48
    44. [44]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 1 CO opened 11/17/2018 · PDF p. 48
    45. [45]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 4 WA opened 3/3/2018 · PDF p. 48
    46. [46]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 Store 7 CA opened 1/27/2018 · PDF p. 48
    47. [47]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 3 WA opened 2/5/2024 · PDF p. 48
    48. [48]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 Store 9 CA opened 10/1/2021 · PDF p. 48
    49. [49]Item 19 — Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 1, Measurement Period calendar year 2025. · PDF p. 48
    50. [50]Item 19 — Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 1 (Q1), Measurement Period calendar year… · PDF p. 48
    51. [51]Item 19 — Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 2, Measurement Period calendar year 2025. · PDF p. 48
    52. [52]Outlet counts — Item 20, Table 1 · PDF p. 49

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    41 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2024accounts payable change$8,462
    2024current portion of operating lease liability$126,860
    2024deferred revenue$687,582
    2024stockholders' equity$64,617,180
    2024total liabilities and stockholders' equity$73,449,084
    2024interest expense-$2,604
    2024total nonoperating income$93,622
    2024common stock issued 2024$640
    2024additional paid-in capital issued 2024$56,799,360
    2024noncash lease expense$11,917
    2024accounts receivable change-$165,244
    2024inventory change$71,367

    These figures describe the franchisor company, not individual franchise locations.

    What changed from 2025 to 2026

    • Estimated initial investment: $343,100 → $373,442 – $544,293
    • Franchise fee: $40,000 → $5,000
    • System size: 120 → 80 units

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Great Clips, Inc.Fantastic Sams Hair SalonsDrybarCookie Cutters Haircuts for KidsPigtails & CrewcutsKnockouts

    Head-to-head comparisons

    Bishops vs Great Clips, Inc.Bishops vs Fantastic Sams Hair SalonsBishops vs DrybarBishops vs Cookie Cutters Haircuts for KidsBishops vs Pigtails & CrewcutsBishops vs Knockouts
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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