Great Clips, Inc - Hair Salon Franchise

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Franchise Name:
Great Clips, Inc

Main Category:
  - Hair Salon Franchise

Secondary Categories:
  - Beauty & Fashion
  - Business For Women
  - Business Opportunities
  - Canadian Franchise Associations Member Directory
  - Hair Salon Franchise
  - International franchises
  - Personal care
  - Women

Great Clips, Inc News:

  - Great Clips Franchise Opens Toronto Market for Expansion
  - North America's Largest Single-Brand Salon Coming to Toronto
Investment Required:
$100,001 - $200,000


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Great Clips, Inc franchise

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Great Clips, Inc


Great Clips – The World’s Largest Hair Salon Brand!

There are more than 2,800 Great Clips’ salons conveniently located in strip malls in over 130 markets throughout the U.S. and Canada.

Put the power of #1 to work for you

Great Clips is an ideal franchise opportunity for executives who seek a strong cash flow business with moderate-risk and steady growth, for a relatively low investment. Franchise owners who have operated for more than five years own 5-6 salons.

Manager-run salons allow you to keep your full-time job

One reason for our durability and success is that our franchise opportunity allows you to fulfill your dream of business ownership while maintaining your current occupation. We’ll show you how, and our owners will tell you how it’s changed their lives.

“I own twelve Great Clips’ salons in North Dakota. And I live and work 200 miles away in Minneapolis, Minnesota. My on-site manager has been with me 14 years. The system works, if you work within the system.”
Kerry
Multi-unit franchise owner


Human hair grows 0.4mm a day

We are truly in a growth industry. Great Clips, headquartered in Minneapolis, was established in 1982 and began franchising in 1983. We have thrived through presidential succession, acts of aggression, and untimely recessions. Here are seven reasons why Great Clips should be your next profession:
  1. Keep your day job; prepare for the twlight of your career

  2. It’s a cash-based business with no receivables

  3. Manager-run salons

  4. Multiple-location strategy and systems

  5. Recession resistant

  6. Demand that doesn’t stop growing

  7. 28-year positive track record

  8. 21 consecutive quarters of same-store sales growth
Investment
  • Total investment: $128,950 - $245,275
  • Franchise fee: $25K
  • Ongoing royalty fee: 6%
  • Minimum net worth: $300K
  • Cash liquidity requirement: $50K
  • Term of agreement: 10-years, renewable
  • Third-party financing sources available upon request
Training
  • Available at MN headquarters: Three days
  • At one of our nearly 70 North American training centers: Three days and ongoing
Operations
  • No industry experience necessary
  • Marketing, management and leadership skills essential
  • Number of employees needed to run a franchised salon: 8 – 10
Support
  • One support staff member for every 10 franchisees
  • Regular meetings
  • Grand Opening program
  • Franchisee intranet site featuring chat boards, comprehensive tools and resources to help you grow your business
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives
  • Co-op advertising
  • Toll-free phone line
  • Other marketing support—Broadcast media

 

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Great Clips, Inc
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