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Below is an in-depth analysis and side-by-side comparison of First Choice Haircutters vs Beauty Brands 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 | $594,500 - $936,000 |
Franchise Fee | $29,500 - $49,500 | $25,000 |
Royalty Fee | 5% - 7% | - |
Advertising Fee | 3% | - |
Year Founded | 1980 | 1995 |
Year Franchised | 1982 | 1999 |
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 | - |
Beauty Brands offers a total beauty experience. The best mix of famous brands and indie labels all chosen and championed by our trusted experts who want you to know why we love them. Discover amazing ideas, products and treatments every time you visit.