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Home >> Beauty-Related >> Hair Care
| First Choice Haircutters 6465 Millcreek Dr., # 210 Mississauga, ON, L5N 5R6 Canada |
Submit an online form to receive information from First Choice Haircutters.
|
Business Description
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: 1982
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
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
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: 1982
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 210 | 47.1% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 236 | 52.9% | |||||||||||||||||||||||||||||
Total Operating Units: | 446 | 100.0% | |||||||||||||||||||||||||||||
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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 + 100K Liquid Assets |
| Cash Investment: | $48K |
| Total Investment: | $96-167K |
| Average Total Investment: | $131K |
| Fees: | |
| Initial Franchise Fee: | $22.5K |
| Average Franchise Fee: | $22K |
| On-Going Royalty: | 5-7% |
| Average Royalty: | 6% |
| Advertising Fee: | 3% |
Space Needs (in square footage): 800-1,000
Preferred Sites:
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | Yes, for 3 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| 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 | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Classroom | 1 Week | ||||||||
| 2. On-Site | 10 Days or more | ||||||||
| 3. Staff Refresher | Annual | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from First Choice Haircutters.
|
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