Franchise Directory
Explore hundreds of top franchise opportunities
First Choice Haircutters
Value-priced family hair care
Canadian-based First Choice Haircutters started out in 1980 as a single hair salon, and today has more than 400 franchised and company-owned locations throughout Canada, as well as Florida, Michigan, and Ohio. The chain promotes itself as the salon of choice for value-conscious families. Parent company Regis Corporation is a global leader in beauty salons, hair restoration centers, and cosmetology education.
2011 AllStar Rank: 111
2010 AllStar Rank: Not Ranked
2009 AllStar Rank: Not Ranked
2010 AllStar Rank: Not Ranked
2009 AllStar Rank: Not Ranked
AllStar Franchise
AllStar Rank:
96
See All AllStar Franchises
First Choice Haircutters
6465 Millcreek Drive
Mississauga, ON L5N 5R6
905-821-8555
Fast Facts
| Year established | 1980 |
| Franchising since | 1981 |
| Can be run from home? | No |
| Number of employees needed | 6 - 8 |
| Item 19 Financial Performance Representation? | No |
| Multiple units must be purchased in U.S. | Yes |
| Multiple units must be purchased outside U.S. | Yes |
| % of franchisees who own multiple units | 91% |
| Absentee ownership allowed? | No |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 0 | 192 | 260 |
| 2010 | 0 | 190 | 258 |
| 2009 | 0 | 187 | 259 |
Expanding in These Locations
Canada
Costs
| Total Investment | $108,500 - $169,500 |
| Franchise Fee | $12,500 - $22,500 |
| Royalty Fee | 4% - 6% |
Financial Requirements
| Net Worth | $300,000 |
| Liquid Capital | $100,000 |
Franchisee Qualifications
Ability to allow manager/stylist run salon
Service focused
Not required to quit day job
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | No |
| Is franchisor a member of the IFA's VetFran program? | Yes |
AllStar Franchise
AllStar Rank:
96
See All AllStar Franchises
First Choice Haircutters
6465 Millcreek Drive
Mississauga, ON L5N 5R6
905-821-8555
Content provided by Hoovers.com
Regis Corporation
Regis is hair, there, and everywhere. It is the world's largest operator of hair salons, with more than 13,500 company-owned or franchised salons (primarily in the US), more than 55 beauty schools, and 90 hair restoration centers. Formats range from mall-based to Wal-Mart-based with its salons selling hair care products ...
| Company Type: | Public |
| Employees: | 62,000 |
| 1 Year Employee Growth: | 5.1% |
| Executives: | Paul D. Finkelstein, Chairman, President, and CEORandy L. Pearce, Senior EVP, Chief Administrative Officer, and CFOGordon B. Nelson, EVP Fashion, Education, and Marketing |
| Rankings: | S&P 400, |
| Sales: | $2,626,600,000 |
| 1 Year Sales Growth: | 8.1% |
| Net Income: | $83,200,000 |
| 1 Year Net Income Growth: | - 24.1% |
| See More Financials | |
| Industries: | Hair Salons |
| See More Industries | |
| Top Competitors: | Ratner CompaniesSport ClipsUlta |
AllStar Franchise
AllStar Rank:
96
See All AllStar Franchises
First Choice Haircutters
6465 Millcreek Drive
Mississauga, ON L5N 5R6
905-821-8555
