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Great Clips |
 Great Clips is the #1 brand of hair salons in the world. With over 3200 locations across the United States and Canada, and over 1100 franchisees, they are a solid brand with a 30 year history of consistent success. Great Clips salons are manager-run, allowing franchisees to keep their full time jobs if desired, and are recession resistant: no matter what the economy looks like, people always need haircuts! Great Clips salons are conveniently located in strip malls in over 130 markets, and is a great multi unit opportunity. No haircare experience is required for franchisees.
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Costs and Fees |
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Investment Required: |
$129,950-245,650 (CAN) |
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Capital Required: |
$50,000 |
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Franchise Fee: |
$25,000 |
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Ongoing Royalty Payments: |
6% |
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Advertising Fees: |
5% |
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Other Fees: |
n/a |
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Terms of Agreement: |
10 years |
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Renewal Fee: |
$1,750 |
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Franchisee Support |
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Financing: |
third party available |
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Franchisee Training: |
Yes |
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Franchisee Marketing Support: |
Yes |
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Franchisee Operations |
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Number of Employees: |
8-10 |
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Absentee Ownership Allowed: |
No |
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Opportunities: |
Single Unit, Multi-Unit |
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Franchisee Prerequisites |
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Net Worth: |
$300,000 |
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Cash Liquidity: |
$50,000 |
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Business Experience: |
Ideally, yes. |
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Franchise Locations |
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Franchise Available: |
Alberta British Columbia Ontario
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