First Choice Haircutters vs Sola Salon Studios Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of First Choice Haircutters vs Sola Salon Studios including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
First Choice Haircutters Franchise
Sola Salon Studios Franchise
Investment $163,880 - $302,600$531,150 - $1,714,370
Franchise Fee $29,500 - $49,500$55,000
Royalty Fee 5% - 7%5.5%
Advertising Fee 3%2%
Year Founded 19802003
Year Franchised 19822005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To $3K-


Business Experience Requirements
 
First Choice Haircutters Franchise
Sola Salon Studios Franchise
Experience
  • General business experience
  • Customer-service oriented, management skills
    		• -

    Financing Options
     
    First Choice Haircutters Franchise
    Sola Salon Studios Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    First Choice Haircutters Franchise
    Sola Salon Studios Franchise
    Training Classroom Training: 5 days -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection -
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO -
    Operations 63% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    First Choice Haircutters Franchise
    Sola Salon Studios Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About First Choice Haircutters

    In 1980, A. Bud Cowan started First Choice Haircutters as a low-priced hair salon for the entire family, offering a 'no appointment necessary' concept for on-the-go customers. Two years later, the company started franchising the concept. With over 300 locations in Canada and the United States, First Choice Haircutters offers affordable, professional hair care in bright, contemporary salons.

    "Top

    #102 in Canada's Top franchises.

    About Sola Salon Studios

    The totally unique approach of Sola Salon Studios is that we provide high impact, modern, and upscale rental space in a "salon mall" concept that allows salon professionals the opportunity to have their own business and make more money without the risks and challenges of owning a conventional salon....all for the same rate as a chair rental, and often less.
    License individual turn-key salon studios to independent salon professionals under the trade name “Sola Salon Studios” using their unique system of build-out.

    "Entrepreneur

    #75 in Franchise 500 for 2020.
    #26 in Franchise 500 for 2021.