First Choice Haircutters vs Image Studios Franchise Comparison

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

Start-Up Costs and Fees
 
First Choice Haircutters Franchise
Image Studios Franchise
Investment $163,880 - $302,600$555,387 - $1,236,840
Franchise Fee $29,500 - $49,500$49,750
Royalty Fee 5% - 7%5.5%
Advertising Fee 3%1%
Year Founded 19802010
Year Franchised 19822015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To $3K-


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

    Financing Options
     
    First Choice Haircutters Franchise
    Image 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
    Image 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
    Image 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 Image Studios

    Image Studios proven business model provides a flexible, needs-based platform for beauty professionals to open their own salon easily without the typical investment that would be required to open their own business. Image Studios also provide ongoing training and education to your salon professionals that helps them run their business effectively. First time entrepreneurs and experienced business owners alike can benefit from this incredible opportunity.

    #160 in Franchise 500 for 2021   Not in Franchise 500 for 2020