About Knights of the Razor Franchise
No Grease Barbershop, operated by Knights of the Razor Inc., is a barbershop franchise based in North Carolina that delivers premium grooming services in a culturally rich, community centered environment.
The brand has built a strong reputation for skilled barbers, quality cuts, and an atmosphere that celebrates barbershop culture and tradition.
With a franchise fee of $25,000, No Grease Barbershop offers a competitive investment in the growing men's grooming franchise space.
Knights of the Razor Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | 6% of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | We may increase this fee upon ninety (90) days’ written notice to you. However, | National brand fund |
| Total Investment Range | $157,320 – $302,850 | Includes build-out, inventory, working capital |
The investment range of $157K–$303K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6%) and marketing fee (We may increase this fee upon ninety (90) days’ written notice to you. However, ) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,000 | $25,000 |
| Technology | $10,500 | $12,000 |
| Equipment, Furniture and Fixtures | $21,000 | $35,000 |
| Real Estate | $3,820 | $18,000 |
| Leasehold Improvements | $50,000 | $1,115,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $200 |
| Renewal Fee | $5,000 |
| Technology Fee | $200 |
| Audit Fee | $3,500 |
| Royalties | 6% of Gross Revenues per month starting immediately once your Business is open f |
| Interest and Late Charges | $25 |
| Additional Training | $200 |
| Satellite or Cable Television Fees | $150 |
| Music Subscription Fees | $5 |
| Web Page Edits, Updates, Changes, Maintenance and Promotion Fee | $65 |
| Product, Vendor, Supplier and Equipment Testing Fee | $100 |
| Conference Fee | $500 |
| Refresher Training and/or Continuing Education | $200 |
| Equipment, Furniture and Fixtures | $21,000 |
| Real Estate | $3,820 |
| Leasehold Improvements | $50,000 |
| Utility Deposit | $700 |
| Signage | $7,000 |
| Start Up Inventory | $5,000 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2 hours on-the-job |
| On-the-Job Training | 2 hours |
| Training Location | At corporate headquarters in Charlotte, North Carolina or as we otherwise specify |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Knights of the Razor Franchise Earnings — Item 19
Knights of the Razor does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Knights of the Razor Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Knights of the Razor System Growth
Knights of the Razor currently operates 7 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 7 | ||
| 2022 | 6 | ||
| 2022 | 13 | ||
| 2023 | 7 | ||
| 2023 | 6 | ||
| 2023 | 13 | ||
| 2024 | 6 | ||
| 2024 | 6 | ||
| 2024 | 12 |
Knights of the Razor Franchise — FAQ
Similar Beauty & Personal Care Franchises
Interested in Knights of the Razor?
Get free info on this franchise. We will send you a detailed FDD report by email.