First Choice Haircutters vs Kennedy's All-American Barber Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of First Choice Haircutters vs Kennedy's All-American Barber Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$163,880 - $302,600 | $211,285 - $314,450 |
Franchise Fee |
$29,500 - $49,500 | $39,000 |
Royalty Fee |
5% - 7% | 8% |
Advertising Fee |
3% | 2000 |
Year Founded |
1980 | 2008 |
Year Franchised |
1982 | 2008 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
To $3K | - |
Business Experience Requirements |
Experience |
General business experience Customer-service oriented, management skills | - |
Financing Options |
|
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 |
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 |
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.
#102 in Canada's Top franchises.
About Kennedy's All-American Barber Club
Kennedy's All-American Barber Club is an upscale, franchised barbershop club: a concept designed to treat gentlemen to an enjoyable grooming experience and provide the grooming products they need to look and feel their best. Complete with straight-razor shaves (which are hard to find these days), shoeshines and complimentary drinks, Kennedy's All-American Barber Club is reminiscent of your father's barbershop. On top of all that, it operates as a club in that Members get unlimited haircuts, shaves, etc. for a monthly fee, no nickel-and-diming like other "chop shops." This Proprietary Membership Model guarantees a set monthly income for every franchisee. Net Memberships grew over 80% during 2008-2009, proving that Kennedy's All-American Barber Club is a recession-resistant concept.
The total investment necessary to begin operation of a Kennedy's All-American Barber Club
Franchise is ranges from $160,800 to $281,285. This includes $39,943 to
$40,886 that must be paid to the franchisor or their affiliate(s).
The total investment necessary to begin the operation of a Kennedy's All-American Barber Club
multi-unit development business ranges from $196,800 to $387,285, for a
required minimum of 2 KENNEDY’S outlets to be developed. This includes
$75,943 to $146,866 that must be paid to the franchisor or an affiliate.