Great Clips

All currencies are in USD

Investment Information

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

Passive Ownership: No

Home Based: No

B2B: No

Master Franchise Opportunities: No

Veteran Discount: Yes

Gallery

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Profile

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 On Line 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.

 

For more information contact:

ALDRIN FERNANDES

FRANCHISE 360 INC.

Phone: 647 559 3865
Email: aldrin@franchise360.ca

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