First Choice Haircutters vs Raze Franchise Comparison

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

Start-Up Costs and Fees
 
First Choice Haircutters Franchise
Raze Franchise
Investment $163,880 - $302,600$259,050 - $350,100
Franchise Fee $29,500 - $49,500$35,000
Royalty Fee 5% - 7%-
Advertising Fee 3%-
Year Founded 19802008
Year Franchised 19822008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To $3K-


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

    Financing Options
     
    First Choice Haircutters Franchise
    Raze 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
    Raze 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
    Raze Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    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 Raze

    Raze is the epitome of masculine style and an invitation to enjoy the kind of male camaraderie reminiscent of the traditional barber shop. Starting a business in the popular men's haircut industry is easier when you have the support of a franchise like Raze. Raze wraps a sensational haircut and a sophisticated atmosphere into one amazing experience. Complete with plush leather chairs, a beverage bar, flat screen TVs, expert service and amazing products, Raze supplies men with style that is enviable and affordable.