Great Clips

Great Clips is the world's largest and fastest growing hair salon brand. It is a simple business model- we cut hair.

Interested in Franchise Ownership?

Request a Consultation

Great Clips Franchise Cost and Requirements for 2022

Background

Great Clips is a manager run business, but still requires franchisees to be involved and engaged in the business. It's a multiple unit opportunity, the average franchisee owns between 5-6 salons after being in operation for 5 years. It is recession resistant, stable and a necessity- everyone needs a haircut! Great Clips has been around since 1982, franchising since 1983, and is continuing to grow at a pace of about 200 new salons a year.

Great Clips stands out against it's haircare competitors for a number of reasons: Privately held company- and a single brand. We don't have to answer to share holders, we can make long term decisions that are best for the company- and for the franchisees. We have 0 corporate units- we firmly believe that all our resources and support should be going to help our franchisees. We do not want even a perceived conflict of interest to be an option. We have over 50 local training centers across the US & Canada, and Great Clips commits to ensuring that all franchisees' staff is trained according to the Great Clips system, even after they have become licensed cosmetologists. And finally- Technology.. despite the fact that hair cutting is a "low tech, high touch" business- Great Clips is committed to making customers lives easier- and that means using technology to increase the convenience of their experience. With over 5M downloads of the OnLine Check In app, and the use of the in salon Clip notes, and franchisee facing business management tools, Great Clips is far ahead of the competition in how we use technology.

Great Clips also has incredible partnerships due to being number one in the industry. Our national marketing campaign has partnered with NASCAR for years, providing amazing exposure for the brand, with drivers like Kasey Kahne and even Dale Earnhardt Jr. We have done partnerships with brands like Disney, Discovery Channel, NFL network, and many more
.

Company Details

Established: 1982
First Unit Franchised: 1983
Franchised Units: 4400
Company Owned Units: 0
States Registered In: All states
Canada Franchises: Yes
International Franchises: No

Support and Training Offered By Great Clips

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: 3 days of new franchisee training in Minneapolis (headquarters), all other training occurs in home market or at a local training center. Great Clips provides training for stylists, managers, General Managers and franchisees. Great Clips also has a significant portion of training online at Great Clips University.

2022 Franchise Requirements Needed to Own a Great Clips Franchise.

What does a Great Clips Franchise Cost?

Great Clips franchise fees for 2022:

Cash Investment: $75,000 (select markets $100,000 or $250,000)
Total Investment: $136,900-$259,400
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?

Yes. Great Clips franchise does 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.

Additional Information

Additional Categories

Hair Care & Beauty Salons

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Great Clips Franchises for Sale

Click Here to inquire about existing Great Clips franchises for sale. We may have Great Clips franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.