About Great Clips
Established in 1982, Great Clips started franchising in 1983 and now has more than 4,000 locations throughout the United States and Canada. Usually located in strip malls, Great Clips hair salons are open evenings and weekends and do not require appointments. No hair-care experience is required for franchisees, who operate 5 to 6 units after 5 years on average.
Great Clips is in the convenient, no appointment haircutting segment of the industry, and is the largest and fastest growing 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.
At Great Clips, we are committed to helping keep everyone as safe and comfortable as possible in the salon. We care about the well-being of customers and stylists, which is why we’ve created the GreatCare Promise.
Our GreatCare Promise includes mask requirements for both stylists and customers, adherence to governing guidelines, Online Check-In and ReadyNext™ text alerts, and more. Come on in for a great haircut—we’re ready for you.
Here’s what the GreatCare Promise looks like in our salons:
– Preparing for your haircut
– Check in online. Online Check-In is the contactless, do-it-from-anywhere way to reserve your spot in the queue and spend your wait where you want.
– Sign up for ReadyNext. When you check-in online, opt in to receive a ReadyNext text telling you when to head to the salon, helping you spend less time inside.
– Bring your mask. All Great Clips stylists and customers are required to wear a mask or face covering in the salon. To make it easier to cut your hair, we strongly recommend the type that loops behind your ears.
Great Clips salons offer salon services for men, women, and children, including haircuts, shampoo, styling, trims, and conditioning treatments.
Great Clips is ideal for those seeking a moderate-risk, steady growth business.
Great Clips is a recession resistant business which requires a relatively low investment and allows franchisees to keep their day job while building their salon business.
Steve Hockett, CEO
1983 (38 years)
Total Number of Units
4,473 (as of 2020)
Part-Time / Full-Time
How Much Does It Cost To Open A Great Clips Franchise?
There are several costs associated with opening a Great Clips franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Great Clips franchise. The weekly fee for opening a Great Clips franchise is Continuing Franchise Fee Due Biweekly.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Great Clips Is Renewable) and does the franchise offer financing support (Great Clips Great Clips has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory).
Great Clips Company Details
Here are some additional details about Great Clips.
|Net Worth Requirement||$300,000 - $1,000,000|
|Veteran Incentives||$5,000 rebate on first-store franchise fee|
|Cash Requirement||$75,000 - $250,000|
|Term of Agreement||10 years|
|Run from Home||No|
Training and Support Offered By Great Clips
Great Clips offers several support options to its franchisees. With 4,473 (as of 2020) units, Great Clips aims to provide support to each franchise owner to help them operate a successful franchise location. Great Clips offers 13 hours on the job training, 56 hours classroom training, and At local training center additional training.
Training and Support Offered
Here are the support options offered by Great Clips.
|On-The-Job Training||13 hours|
|Classroom Training||56 hours|
|Additional Training||At local training center|
|Estimated Revenue||$1B to $10B|
Is Great Clips Right For You?
Great Clips has gone digital! Here are all of the ways you can find Great Clips online. Oftentimes, you can reach out to current franchisees of Great Clips online. Current franchisees may be able to offer personalized insights into what it is like owning a Great Clips franchise and offer tips to running a successful Great Clips franchise location.
Why Should You Start a Great Clips Franchise?
Investing in a Health & Beauty franchise such as Great Clips can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Great Clips franchise and we'll be in touch soon!