First Choice Haircutters vs Paramount Home Beauty Franchise Comparison

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

Start-Up Costs and Fees
 
First Choice Haircutters Franchise
Paramount Home Beauty Franchise
Investment $163,880 - $302,600$44,100
Franchise Fee $29,500 - $49,500$14,800
Royalty Fee 5% - 7%5%
Advertising Fee 3%-
Year Founded 19802004
Year Franchised 19822006
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee To $3K-


Business Experience Requirements
 
First Choice Haircutters Franchise
Paramount Home Beauty Franchise
Experience
  • General business experience
  • Customer-service oriented, management skills
    		• -

    Financing Options
     
    First Choice Haircutters Franchise
    Paramount Home Beauty 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
    Paramount Home Beauty Franchise
    Training Classroom Training: 5 days * Available at headquarters: 5 days

    * At franchisee's location: 5 days (optional)
    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)

    		* Franchise can be run from home

    * Number of employees needed to run franchised unit: 6 - 20

    * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans
     
    First Choice Haircutters Franchise
    Paramount Home Beauty 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 Paramount Home Beauty

    Paramount Home Beauty has launched its breakthrough concept in delivering salon and spa services to individuals restricted to their homes, hospital bed, skilled nursing facility, assisted living and/or nursing home due to medical reasons.