What does a Great Clips Franchise Cost?
Great Clips franchise fees for 2023:
Cash Investment: $75,000 (select markets $100,000 or
$250,000)
Total Investment: $183,400 to $394,400
Minimum Net Worth: $300,000 ($500,000 and $1 million in select
markets)
Franchise Fee: $25,000
Royalty: 6%
Ad: 5%
Average Number of Employees: 8-10
Item 19: Yes
SBA Approved: Yes
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount Yes
Special Discount Programs: Veterans' rebate- $5000 of initial
franchise fee is rebated to the new franchisee on the opening of
their first salon
Is Great Clips a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Great Clips is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Great Clips a Home Based franchise?
No. Great Clips is not a home based franchise opportunity.
What Do Great Clips Franchise Owners Make?
Click here to find out how much Great Clips franchisees make. Great Clips offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Great Clips a Master Franchise Opportunity?
No. Great Clips is not a master franchise opportunity.
Does Great Clips Offer a Veteran Discount?
Yes. Great Clips franchise does offer a veteran discount.
Does Great Clips Work with E2 Visa and EB-5 Visa Candidates?
No. Great Clips franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Great Clips Looking for Franchisees in Canada?
Yes. Great Clips franchise is looking for Canada franchisees.
Is Great Clips Looking for International franchisees?
No. Great Clips franchise is not looking for International franchisees.
Where can I see Great Clips's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.