Sign up for our newsletter and receive a free copy of the first chapter of Bond's Franchise Guide.
First Choice Haircutters
We're a cutting edge chain of price-value family hair care salons with over 400 locations across Canada and the US. Since 1980, we've built a strong, growing base of loyal customers -- over 6 million last year alone. And you don't even have to have any hair experience or become a stylist. We'll provide all the training, tools and on-going support you'll need to manage your thriving salon business. At First Choice Haircutters, our philosophy is simple: your success is our success.
Franchisor Background
Year Established:
1980
Franchising Since:
1981
IFA Member
CFA Member
Operating Units:
Franchised Units:
186
41.8%
Company-Owned Units:
259
58.2%
______
_____
Total Operating Units:
445
100%
Geographic Distribution:
U.S.:
91
20.4%
In 3 States
Canada:
354
79.6%
In 10 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
445
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Ontario
246
2. Florida
50
3. Ohio
40
Registered in Following Registration States:
Financial Requirements
Investment:
Minimum Net Worth:
$300K
Cash Investment:
$96-167K
Total Investment:
$105.5K-161.5K
Average Total Investment:
$134K
Fees:
Initial Franchise Fee:
$22.5K
Average Franchise Fee:
$22K
On-Going Royalty:
5-7%
Average Royalty:
6%
Advertising Fee:
3%
Average Number of Employees:
5-7 Full-time, 2-4 Part-time
Space Needs (in square footage):
800-1,000
Preferred Sites:
Other Sites:
Encourage Conversions?
Yes
Earnings Claims Provided?
No
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
Yes
Franchisee Association/Member:
No
Size of Corporate Staff:
20
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
Yes, Indirect
Marketing Support:
Co-Op Advertising:
No
National Advertising:
No
Regional Advertising:
No
Local Advertising:
No
Marketing Materials:
Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
