Great Clips

Great Clips is a hair salon franchise that offers affordable and convenient haircuts for men, women, and children, providing quick and quality hair care services in a friendly and comfortable salon environment.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

$183,000

$414,000

Initial franchise fee

$20,000

Royalty fee

6.00%

Advertising fee

5.00%

Revenue (AUV)

vs.

for

franchises

Operating Profit

vs.

for

franchises

Franchised units

4427

(

-20

)

(

-20

)

vs. 2 years ago

Company-owned units

Total units

4427

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2024

4427

4447

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Great Clips

Beauty

franchises

franchises

Revenue

- COGS

Gross Profit

- Labor costs

- Other costs

Operating Profit

Sales : Investment ratio

Investment Payback

Franchise Disclosure Document

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COMPETITORS OF

Great Clips

Franchise

4427

No growth

$20,000

$183,000

$414,000

Undisclosed

23%

$50,000

$631,000

$845,000

Undisclosed

$35,000

$179,000

$271,000

Undisclosed

33%

$45,000

$353,000

$620,000

Undisclosed

13%

$45,000

$337,000

$460,000

Undisclosed

750%

$45,000

$125,000

$401,000

Undisclosed

-4%

$35,000

$155,000

$282,000

Undisclosed

-15%

$39,500

$279,000

$489,000

Undisclosed

-9%

$35,000

$200,000

$357,000

Undisclosed

$35,000

$179,000

$271,000

Undisclosed

15%