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Great Clips

Franchise Profile

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
Established: 1982
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Great Clips

More About This Franchise

Great Clips is the world's largest and fastest growing hair salon brand. It is a simple business model- we cut hair. Great Clips salons are all about giving people a great haircut for a great price, efficiently. Hair salons are a neighborhood business that can't be replaced by the internet or outsourced overseas, and being in the cost effective category means that Great Clips is recession resistant. Great Clips is a great option for people who want to get into entrepreneurship but aren't quite ready to leave their full time job yet- it is kind of like having two full time jobs initially, but the vast majority of franchisees start with one salon, grow into multiple units and convert to full time business owners with 5 or 6 salons. Great Clips has over 4400 salons in the US & Canada and continues to grow at a pace of 200 additional salons per year.
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