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Great Clips Hair Salon

Franchise Highlights
Investment Range: $106,900 - $197,700
Liquid Capital Req: $50,000
Business Type: Franchise
Net Worth Required: $300,000
Units: 2600
In Business Since: 1982
Financing: yes,3rd Party
Training & Support: Yes
 
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Great Clips Hair Salon

Proven Multi – Unit Strategy with over 2,600 locations and over 25 years of experience.

If you want to keep your professional career and are looking for a great way to pursue a multi-unit franchising strategy, you really should take a close look at our offering.

Why Great Clips - Owner Benefits

Established in 1982, Great Clips is the largest brand in the haircare industry and is one of the top franchise opportunities. Our salons are conveniently located in strip malls in 138 markets throughout the U.S. and Canada. No appointments are necessary for men, women, and children to get haircuts and perms at competitive prices.

Our franchisees utilize their own skills to take full advantage of the many benefits; here are just a few:

  • 25-year positive track record
  • Over 2,600 salons operating
  • Steady growth potential
  • Cash business with no receivables
  • Recession and Technology resistant
  • Keep your professional career – Manager run locations
  • Franchisees who have operated for at least 5 years, typically own 5 to 6 locations
  • Haircare - Cosmetology is ranked as the most recession resistant
    industry a business owner can pursue (1)

What does a former McDonald’s executive have to say about Great Clips?

“Haircare is like food -- it's not a fad. Sure, tastes and styles change, but, just as people will not stop eating, they won't stop getting their hair cared for. That's one reason this business has more "staying power" than many trendy businesses. “

- Shelby Yastrow - Former Executive Vice President, General Counsel and Secretary of McDonalds from 1978-1998; Member, Great Clips Board of Directors, 1996-Present



Investment Review

Initial Franchise Fee - 25,000
Fast Start - 45,000 (3 salons)
Estimated Total Initial Investment Per Salon -
106,900 to 197,700 USD. 128,685-242,510 CAD.

Minimum Financial Requirements US$:
US$300,000 net worth with US$150,000 liquid capital


Great Clips is an executive’s decision that offers an established path to successful multi-unit business development. If you really want to leverage your experience and build your own organization, then provide us with your contact information (below) and one of our development managers will contact you shortly.

Thanks for thinking about Great Clips. We look forward to hearing from you.

(1) Source: The Review
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