First Choice Haircutters vs Floyd's 99 Barbershops Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of First Choice Haircutters vs Floyd's 99 Barbershops including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
First Choice Haircutters Franchise
Floyd's 99 Barbershops Franchise
Investment $163,880 - $302,600$294,000 - $642,000
Franchise Fee $29,500 - $49,500$45,000
Royalty Fee 5% - 7%6%
Advertising Fee 3%2%
Year Founded 19802001
Year Franchised 19822005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To $3K-


Business Experience Requirements
 
First Choice Haircutters Franchise
Floyd's 99 Barbershops Franchise
Experience
  • General business experience
  • Customer-service oriented, management skills
    		• -

    Financing Options
     
    First Choice Haircutters Franchise
    Floyd's 99 Barbershops 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
    Floyd's 99 Barbershops 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
    Floyd's 99 Barbershops Franchise
    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.

    "Top

    #102 in Canada's Top franchises.

    About Floyd's 99 Barbershops

    Floyd's 99 Barbershop is an on-trend offering that has a commitment to quality; quality service, quality employee relations and quality facilities. It's a proven success in corporate markets in Denver, Colorado and Los Angeles, California and is growing nationwide through franchising.
    With Floyd's 99, you are part of a team poised for long-term success, and we are here to help.
    Floyd's 99 Barbershop is offering the opportunity to be a part of our successful franchise that's different, edgy, and just plain DAMN cool. Our shops are designed to have a fun, engaging neighborhood hangout feel with great music, high energy, and a full menu of services for men and women. This, along with our proven set of service standards, is what makes Floyd’s 99 one of a kind in the industry.

    "Entrepreneur
    #416 in Franchise 500 for 2020.