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Updated RecentlyFirst Choice Haircutters vs Trade Secrets/Glamour Secrets Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of First Choice Haircutters vs Trade Secrets/Glamour Secrets including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $163,880 - $302,600 | $200,000 - $350,000 |
| Franchise Fee | $29,500 - $49,500 | $25,000 |
| Royalty Fee | 5% - 7% | 6% |
| Advertising Fee | 3% | - |
| Year Founded | 1980 | 1989 |
| Year Franchised | 1982 | 1990 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | To $3K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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.
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#102 in Canada's Top franchises.
About Trade Secrets/Glamour Secrets
Trade Secrets is Canada's pioneer one stop beauty shop with a full service salon and over 4,000 high quality Salon products for sale under one roof. The beauty industry is booming and proven to be recession proof and Trade Secrets is riding the explosive growth. With over 65 locations now in high visibility, high traffic malls and outdoor locations, Trade Secrets is looking for franchisees in ON and QC to join its success story.
#125 in Canada's Top franchises.