Great Clips Franchise Opportunities

Great Clips is the single largest brand of no appointment hair cuts for the entire family. With more than 3,100 locations across North America in a $55 billion industry, they are the largest haircare brand in the world. Great Clips has a model that allows franchisees to keep their full time job, and build their multiple unit retail empire on the side. The industry has been around for over 30 years, and is continuing to grow at a rapid pace, as it is technology and recession resistant. Franchisees are people developers/managers, and do not need any hair care experience to be successful.

Great Clips Franchise Background

Established: 1982
1st Franchised: 1983
Franchised Units: 3,457
Company Owned Units: 0
Projected New Units (12 Months): 100
Registered: All States


Cash Investment: Single agreement - $50,000, Three Star - $75,000
Total Investment: $110,000 - $210,000 (Average = $160,000)
Minimum Net Worth: Single - $300,000, Three Star - $500,000
Franchise Fee: Single - $25,000, Three Star - $40,000
Royalty: 6%
Ad: 5%
Average Number of Employees: 8-10
Passive Ownership: manager operated, not owner-operator business

Great Clips Franchise Training

Financial Assistance Provided: 3rd party lenders
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-Operative Advertising: Yes
Training: Yes, for franchisees and employees (ongoing in local markets)

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