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Updated RecentlyFirst Choice Haircutters vs Knockouts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of First Choice Haircutters vs Knockouts 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 | $94,100 - $190,550 |
| Franchise Fee | $29,500 - $49,500 | $20,000 |
| Royalty Fee | 5% - 7% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1980 | - |
| Year Franchised | 1982 | - |
| 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 | - |
| 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.
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#102 in Canada's Top franchises.
About Knockouts
A Top Franchise Brand and Great Opportunity, Knockouts is considered one of the premier providers for men’s haircutting and grooming services in the country.
Start your own PASSIVE business today! With a PASSIVE investment and a 3 salon Master Franchise, Knockouts Haircuts for Men is THE BEST opportunity in Franchising
What is passive investment? That means although focused & engaged in the business, you only need to work it 5-10 hours per week. You manage the manager!
The Knockouts Franchise opportunity is a minimum investment in 3 salons. We are focused on fewer franchises making more money and the way we do that is provide the best master franchise opportunity available. Huge territories and unparalleled low royalties. Inquire & get started today!
What is passive investment? That means although focused & engaged in the business, you only need to work it 5-10 hours per week. You manage the manager!
The Knockouts Franchise opportunity is a minimum investment in 3 salons. We are focused on fewer franchises making more money and the way we do that is provide the best master franchise opportunity available. Huge territories and unparalleled low royalties. Inquire & get started today!