The TOP 10 Best Barbershop Franchises in 2024 in Canada
Barbershop franchises show constant and consistent growth. Comparing the list of the best from previous years with the one for 2024, we don't see any drastic changes on the market in Canada. The brands are all the same, which suggests their profitability and successful development.
Not only women take care of their appearance, men also need to look good. Nowadays men take a great interest in their grooming. That caused the appearance of many barbershops which offer a wide variety of options like hot towel shaves, beard trims, facials, hair color, etc. Men in Canada use the services with pleasure and are ready to spend money on them. Thus, a barbershop looks like a profitable business. Buying a barbershop franchise an entrepreneur gets a well-known brand name, professional trainings, marketing strategy, etc. If you are considering barbershop franchise to be your own business, choose the best opportunity out of the TOP 10 Best Barbershop Franchises in Canada.
Here is the 10 best canadian barbershop franchises in 2024
№ | Name of Brand | Founded | Initial investment |
---|---|---|---|
1 | Drybar | 2010 | from $650,000 |
2 | Taylor and Colt Barber-Spa | 2011 | $150,000 - $220,000 |
3 | Glamour Secrets Beauty Bar | 2011 | $150,000 – $300,000 |
4 | First Choice Haircutters | 1980 | $182,000 - $274,000 |
5 | Chatters | 1988 | from $400,000 |
6 | Fantastic Sams | 1974 | $150,362 - $283,006 |
7 | Great Clips | 1982 | $137,000 - $260,000 |
8 | Supercuts | 1975 | $113,000-$234,000 |
9 | Tommy Gun | n/a | $250,000 - $350,000 |
10 | MVP Modern Barbers | 2004 | from $75,000 |
Drybar
Founded in: 2010
Franchise since: 2012
Franchise units: 100+
Initial investment: from $650,000
Franchise Fees: $50,000
Royalty Fees: 7%
Drybar does wash-n-dry blowout styling, with its bar theme carried out both in the layout of each location where women sit facing a U-shaped bar with their backs to the mirrors, to the names of the different styles, such as Dirty Martini, Cosmo, Mai Tai, and so on. We’ll make it super-easy for you to open and operate your Drybar.
Taylor and Colt Barber-Spa
Founded in: 2011
Franchise since: 2011
Franchise units: 14
Initial investment: $150,000 - $220,000
Franchise Fees: $35,000
Taylor and Colt Barber-Spa encompasses all the services that are in huge demand by today's male consumers: haircuts, styling, aesthetics services, shaving, hot towel service and others. It is a full service male grooming concept for consumers who want to be serviced in a prompt and professional way. The store will also offer retail products related to the services being provided.
Glamour Secrets Beauty Bar
Founded in: 2011
Franchise since: 2011
Franchise units: 17
Initial investment: $150,000 – $300,000
Franchise Fees: $35,000
Glamour Secrets Beauty Bar is a full beauty service concept that encompasses all the services in huge demand by today's female consumers: mini make-overs, hair extensions, eyebrow and lip waxing, nail painting, shampooing and blow-drying and more without cutting. It is a quick service beauty concept for consumers who want to be serviced in a swift but professional way. The franchise will also offer related retail products.
First Choice Haircutters
Founded in: 1980
Franchise units: 400+
Initial investment: $182,000 - $274,000
Franchise Fees: $30,000
Royalty Fees: 7%
First Choice Haircutters is Canada's most recognized hair salon brand. First Choice Haircutters is the friendly local hair salon rooted in your community, where you feel an easy belonging and get a great haircut that fits into your life so you look forward to returning each time. We offer full-service hair care for the whole family with no need for appointments.
Chatters
Founded in: 1988
Franchise units: 70+
Initial investment: from $400,000
Franchise Fees: $40,000
Royalty Fees: 5%
Chatters Salons began in 1988 with a few styling stations and modest retail component. Chatters Hair Salons offer professional salon services that are always on trend. Our stylists receive the highest levels of training and are continually updating their skills with the industry’s top educators to give you the season’s freshest looks.
Fantastic Sams
Founded in: 1974
Franchise since: 1976
Franchise units: 1,100+
Initial investment: $150,362 - $283,006
Franchise Fees: $30,000
Fantastic Sams offers haircuts, perms, straightening and color, as well as facial waxing. We sell affordable, quality products to our customers, so they can maintain their styles and keep their hair healthy between appointments. Customers love us because we make them look great. Franchisees love us because they can start the business quickly.
Great Clips
Founded in: 1982
Franchise since: 1983
Franchise units: 4,200+
Initial investment: $137,000 - $260,000
Franchise Fees: $20,000
A franchised Great Clips Salon offers a required line of hair care services and products from a designated location, customarily in a shopping center, identified by trademarks licensed by the franchisor and using distinctive trade dress and business methods prescribed by the franchisor. Great Clips is the world's largest and fastest growing salon brand with 4200 salons throughout North America.
Supercuts
Founded in: 1975
Franchise units: 2,400+
Initial investment: $113,000-$234,000
Franchise Fees: $29,500
Royalty Fees: 6%
Supercuts has become one of the most-recognized hair salon brands in North America, fueled by strong marketing and rapid growth. With Supercuts, you can offer high quality hair care services and products.
Tommy Gun
Founded in: n/a
Franchise units: 21
Initial investment: $250,000 - $350,000
Franchise Fees: $30,000
Tommy Gun’s was created to fill the void that existed in men’s grooming. As a result, the barbershop experience has been reinvented, resulting in a brand new “male oriented” location, focusing on service and convenience.
MVP Modern Barbers
Founded in: 2004
Franchise units: 6
Initial investment: from $75,000
Franchise Fees: $25,000
Royalty Fees: 5%
MVP Modern Barbers is a friendly, casual, trendy place for men to relax and receive a great haircut at a fair price. Since we began the men’s grooming market in Canada in 2004, the industry has continued to grow into a multi billion dollar sector of the economy and shows no signs of slowing down.
Conclusion
To summarize, we can say any of the listed above barbershop franchises is worth buying. But there is a lot to consider while choosing the best one for you. Pay attention to the reputation of the brand, what training and support are offered, check if the other franchisees are successful. But the main thing you need to do is to align your budget with investment requirements of the brand. In order to ease the challenge, we have made the comparison flowchart of the best barbershop franchises in Canada for you. It shows the minimum estimated initial investment and initial franchise fee of each brand. By using it, you can figure out the difference in financial requirements for each franchise, and decide which one fits you the most.
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