First Choice Haircutters vs Inaara MedSpas Franchise Comparison

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

Start-Up Costs and Fees

 
First Choice Haircutters Franchise
Inaara MedSpas Franchise
Investment $163,880 - $302,600$250,000 - $600,000
Franchise Fee $29,500 - $49,500$100,000
Royalty Fee 5% - 7%5%
Advertising Fee 3%-
Year Founded 19802002
Year Franchised 19822003
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee To $3K-


Business Experience Requirements

 
First Choice Haircutters Franchise
Inaara MedSpas Franchise
Experience
  • General business experience
  • Customer-service oriented, management skills

  • General business experience
  • Marketing skills

  • Financing Options

     
    First Choice Haircutters Franchise
    Inaara MedSpas Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    First Choice Haircutters Franchise
    Inaara MedSpas 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 Newsletter, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Ad slicks, National media, Regional advertising
    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)

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    First Choice Haircutters Franchise
    Inaara MedSpas Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesNo

    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 Inaara MedSpas

    NO LONGER FRANCHISING