Investment

$187,800

Initial Franchise Fee

$20,000

Units

4,439

Growth Rate

N/A

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Personal-Care Businesses
Founded 1982
Franchising Since 1983
Parent Company Great Clips Inc.
Leadership Steve Hockett, CEO
# of Employees at HQ 240

Units and Growth Chart

Premium

Obfuscated data

Want to see the full picture? Log in to unlock premium data and detailed growth charts.

Sponsored Content

About Great Clips

great hair cuts start here banner ad

About 

Haircare is a $70Billion dollar industry, and still growing. Great Clips is in the convenient, no appointment haircutting segment of the industry, and is the largest haircutting brand in the world. It is a simple, recession resistant business model- we do not offer color, waxing, tanning, or nail services because we want to keep the business simple and focus on the service that we do best- cutting hair. And, no matter what the economy looks like, people still need their hair cut, usually every 4-6 weeks.

Franchise Opportunities 

Great Clips was founded in 1982, and has been franchising since 1983. With over 4400 locations in the US & Canada, we are still accepting new franchisees in over 75 markets in North America. Our salons are manager-run, so it is possible for franchisees who have a flexible full time job to keep that position and do the business on the side, knowing it’s kind of like a second full time job to start a new business! Great Clips franchisees are always involved and engaged in the success of their business- so whether it’s a husband/wife partnership or that flexible full time position, Great Clips franchisees are aware that they are the driver of their positive results. Haircare experience is not necessary to become a franchisee- rather, solid business backgrounds and people management skills are the traits we see in our successful franchisees.

we love making you look great banner ad
Benefits  

Great Clips has a support network that is outstanding- from assistance during the site selection process, build out, hiring, grand opening marketing strategies, ongoing growth plans- all the way to helping franchisees who are ready to sell their salons- Great Clips is dedicated to the success of our franchisees. With 100% of our salons franchisee-owned, Great Clips’ success depends on the success of our franchisees. On average, after 5 years in business, our franchisees own between 5-6 salons, so for entrepreneurs who are looking for a scalable opportunity- Great Clips fits the bill!.

Testimonials

“Great Clips improves my ability to grow profitably. I also benefit from working with other franchisees and the hard working and knowledgeable Great Clips Corporate employees. The biggest benefit is the culture of Great Clips. Their actions consistently show that they really do care about you.” Keith C, owns 20 locations.

“Initially I anticipated opening just one or two stores, but the business grew to be so successful that it made sense for me to leave my existing job as vice president!” Jim H, owns 9 locations

From a Staggering Decline to a Remarkable Recovery: One Franchisor's Surviving-to-Thriving Story

Investment Details

Initial Franchise Fee $20,000
Initial Investment $187,800 - $419,900
Cash Requirement
seO5UQ6M Premium
Royalty Fee
01 Premium
Ad Royalty Fee
7M Premium
Term of Agreement
NJPzNCOp Premium
Is Franchise Term Renewable?
cUG Premium
Financing
BTr2Ja9Jbbd Premium

Get complete financial details. Log in to unlock cash requirements, fees, and financing terms.

Available Territories

Franchising opportunities available in the following regions

United States

Want to see available territories? Log in to unlock territory availability and expansion opportunities.

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
Dr6
Classroom Training
1zl

Ongoing Support

Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Get complete training details. Log in to unlock training programs, support services, and marketing assistance.

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
rq
Can this franchise be run from home/mobile unit?
w2
Can this franchise be run part time?
N9
# of employees required to run
cc3B
Are exclusive territories available?
iLr
Veterans program
Tm7SrpXnCxVIPR8sdqhaPWo41ysyiMhKXKDoqx00jb

View operational requirements. Log in to unlock ownership options, staffing needs, and territory details.

Ranking History

Great Clips performance in the Franchise rankings over recent years

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022