Bishops
Wellness & Personal Care · Beauty Salons & Barber Shops
- Active units
- 40
- Avg unit volume
- $538k
Franchised, year-end 2023
About Bishops
The United States Conference of Catholic Bishops (USCCB) is an assembly of bishops within the Christian community in the US and Virgin Islands. Their mission is to support the ministry of bishops in a communal and collegial manner, exercising pastoral functions of sanctifying, teaching, and governing. They work collaboratively to address vital issues facing the Church and society while fostering communion with the Church worldwide, under the leadership of the Roman Pontiff. The USCCB offers various services, including unifying and coordinating Catholic activities in the US, conducting religious and social welfare work, aiding in education, caring for immigrants, and promoting the Church's objects through education, publication, and direction. Additionally, they focus on evangelization, aiming to bring about enthusiasm for the Catholic faith among Catholics and encouraging them to freely share their faith to transform the world.
Key terms
- Franchise fee
$40k
- Multi-franchise discount
2 franchises: $75,000 total; 3 franchises: $99,000 total (must purchase concurrently and pay upfront)
- Conversion waiver
Initial Franchise Fee waived for existing salon owner converting; franchisor may grant up to $25,000 toward conversion buildout costs (reimbursed after full conversion)
- Stylist/manager discount
Existing stylist or salon manager total Initial Franchise Fee is $10,000
- Brand fund
1.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
800 – 1,500 sq ft
- Veteran discount
5000.0% off franchise fee — $5,000 discount off the Initial Franchise Fee for the first franchise purchased by an honorably discharged U.S. veteran
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing); filings on file: 2024, 2025.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$538k
Table 1 lists average annual gross sales for all 40 franchised outlets for Jan–Dec 2023.
- Annual unit volume (25th percentile)$409k
Gross sales include total sales made during the reporting period not including returns, discounts, or rebates, as reported. Includes 40 franchised outlets oper…
- Annual unit volume (75th percentile)$634k
Gross sales include total sales made during the reporting period not including returns, discounts, or rebates, as reported. Includes 40 franchised outlets oper…
- 1-year Median AUV growth rate-0.8%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$384k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open14 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio1.4×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.