Bishops Barbershop - Looking Good in a Downturn

High-End Salon Quality at Affordable Prices Keeps Business Growing

PORTLAND, Ore., Jan. 6 // PRNewswire // -- Bishops Barbershop, cuts and colors for men and women, experienced a record day on Dec. 30, 2008, when all six Portland locations reported their highest sales of the year.

"Business has not dropped off at all, but has actually picked up," said Leo Rivera, founder, president and CEO of Bishops. "Even though the economy is in a downturn, people still have to get their hair cut and colored, and at Bishops, people can save money without sacrificing style. We are finding that many people are coming to our shops from the higher-priced full-service salons because they can spend up to 50 percent less and still get the same quality."

Rivera started Bishops in 2001 to fill the niche between national haircut chains, traditional barbershops and full-service salons, by delivering high-end salon quality at affordable prices in a casual, fun environment that includes edgy artwork and music, and trend-setting stylists. Clients are served on a convenient, walk-in only basis, and can choose from an a la carte menu of services, including style, shampoo, blow dry, a variety of cut and color options, or a hot towel shave. Those who are 21 and older are offered a free bottle of cold Miller High Life.

Rivera began offering franchise opportunities in September of 2008, as the next logical step in the growth of the company.

"Hair care is a $55 billion industry that continues to show strength even in a down economy, which makes it an extremely attractive business that many people are interested in being a part of," Rivera said. "Bishops is very appealing to entrepreneurs looking for something a bit out of the ordinary, but still accessible. We offer the opportunity to be part of a salon concept that is fresh, edgy and successful."

About Bishops

Leo Rivera opened his first Bishops Barbershop in Portland, Oregon in 2001 as an alternative to national haircut chains, traditional barbershops and high-end salons, and today there are six locations throughout the city. A new kind of neighborhood barbershop for Generations X, Y and Z, Bishops is known for its convenient, walk-in only policy, trend-setting hair stylists, edgy music, unrestricted fashion and support of local artists. Bishops delivers full-service salon cuts and colors for men and women at affordable prices in a fun, casual atmosphere.

SOURCE Bishops Barbershop



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