First Choice Haircutters vs Sharkey's Hair It Is Franchise Comparison

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

Start-Up Costs and Fees
 
First Choice Haircutters Franchise
Sharkey's Hair It Is Franchise
Investment $163,880 - $302,600$106,170 - $138,995
Franchise Fee $29,500 - $49,500$99,995
Royalty Fee 5% - 7%$1000/Month
Advertising Fee 3%-
Year Founded 1980-
Year Franchised 1982-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To $3K-


Business Experience Requirements
 
First Choice Haircutters Franchise
Sharkey's Hair It Is Franchise
Experience
  • General business experience
  • Customer-service oriented, management skills

    • We seek positive, customer focused people who are highly motivated with a desire and commitment to build a successful business while having fun.

    Financing Options
     
    First Choice Haircutters Franchise
    Sharkey's Hair It Is 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
    Sharkey's Hair It Is Franchise
    Training Classroom Training: 5 days

    4 day comprehensive training

    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection

    Site selection & negotiation *Salon design and layout *Grand opening and continuous marketing programs *On-site assistance during grand opening week *Owners meetings to discuss operations and marketing

    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)

    For single salon owners we do not require you to work full-time or part-time in the salon. Multi-store owners should work part-time or hire a manager.

    Expansion Plans
     
    First Choice Haircutters Franchise
    Sharkey's Hair It Is Franchise
    US Expansion -Yes
    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 Sharkey's Hair It Is

    We are the most innovative and entertaining salon for both men, women, and children around the globe. Our proven business models, which feature lower than average royalties and three revenue streams, gives you the best opportunity for success.

    Hair it is offers our clients a cutting-edge salon where they can enter with the confidence, and they will emerge looking and feeling better than before! We strive to provide friendly and professional service in an inviting environment. Women and Teens will be tended to by stylists professionally trained in the latest styles and trends, incorporating cutting edge techniques and decor. All at affordable prices! Haircuts, color, blowouts, straightening, highlights, styling, Sharkey’s will satisfy all your requests!