First Choice Haircutters vs State Street Barbers Franchise Comparison

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

Start-Up Costs and Fees
 
First Choice Haircutters Franchise
State Street Barbers Franchise
Investment $163,880 - $302,600$191,500 - $297,000
Franchise Fee $29,500 - $49,500$25,000
Royalty Fee 5% - 7%5%
Advertising Fee 3%3% local +2% Nat'l
Year Founded 19802003
Year Franchised 19822010
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To $3K-


Business Experience Requirements
 
First Choice Haircutters Franchise
State Street Barbers Franchise
Experience
  • General business experience
  • Customer-service oriented, management skills
    		• -

    Financing Options
     
    First Choice Haircutters Franchise
    State Street Barbers 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
    State Street Barbers 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 When you join the State Street Barbers franchise system you will become part of an established, fully-branded concept and a time-tested business model that has been proven to work in multiple locations. From the start, you will backed by the strength of our experienced leadership team, bringing to bear over twenty years of collective industry experience and deep expertise in strategic consulting, finance, marketing, and operations.
    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
    State Street Barbers 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 State Street Barbers

    State Street Barbers is not your typical franchise opportunity. Unlike most franchises offered in the men's grooming segment, we do not desire to be the next large discount haircut franchise chain, with hundreds of locations that rush customers in an out like an assembly line operation. Nor do we aspire to be the next "male salon" that misses the mark on what most men want by offering services such as pedicures and paraffin wax hand treatments. Our discipline in staying true to our value proposition and focusing on our strengths has allowed us to excel in the market and evolve quickly into an award winning and recognized concept. It is this same discipline that will now propel us forward and help drive our growth in the world of franchising. We are committed to ensuring that franchise owners are selected carefully, as well as trained and supported properly, in order to maintain the integrity of our brand. Though relatively young, our business model, and its singular focus on genuinely meeting the needs of our male customers, has allowed us to establish a strong and loyal following in multiple markets and provided a compelling proof of concept for further expansion. Our objective now is to create a tight-knit franchise community to help extend this same level of service and quality to untapped markets while staying true to our brand promise and upholding the ideals and principles that have been the hallmark of our concept to date. When you are selected to join our team, you actually become part of the State Street Barbers family � a small, tight-knit group committed to building something special and helping the entire team reach its full potential.