Queen Latifah, Ice Cube Called Up For 'Barbershop III'

Queen Latifah, Ice Cube and Cedric The Entertainer are among those who have been called back to reprise their roles for the next installment of The Barbershop franchise. According to reports MGM film studio is bringing back those stars along with actors DeRay Davis, Michael Ealy, Eve and Tim Story.
The film company is allegedly negotiating a deal with Ice Cube to reprise his role as the catalyst for Barbershop 3 with the hope to re-enlist Cedric the Entertainer and Queen Latifah as well. MGM has also thrown their nets in search of writers.
According to Euroweb, "The 2002 original cost $12 million and grossed $75 million domestic while the 2004 sequel cost $30 million and grossed $65 million. MGM, whose late good fortunes are driven primarily by the 007 and Hobbit franchises, have clearly made franchise building a priority."
Do you guys think a third installment of Barbershop one will fly?