Great Clips Franchise
Hair salon
Established in 1982, Great Clips started franchising in 1983 and now has 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. On average, franchisees operate three units. Great Clips sponsors NASCAR Busch Series driver Kasey Kahne. The company has also partnered with General Mills, Sprint, Best Buy, Blockbuster, Coca-Cola, Hasbro and DreamWorks.
Please Note: The operators of Great Clips, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Great Clips website.
Start-up Costs & Franchise Fees
How much does it cost to open a Great Clips franchise?
Total Investment: $98,800-$184,400
Initial Franchise Fee: $25,000
Royalty Fee: 6%
Advertising Fee:
Term of Agreement: 10 years Renewal Fee: $1.75K
How to contact Great Clips
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Great Clips Inc.
7700 France Ave., #425
Minneapolis,
MN
55435
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Phone: (952)893-9088
Toll Free: (800)947-1143
Fax: (952)844-3443
Website: Visit Website
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Great Clips News
Great Clips Great Needs. Great Deeds®. Charity Program Raises Over $500,000 In 2005
Great Clips, Inc. one of the nation's largest franchisers in the $50 billion-a-year haircare industry, raised over $500,000 in 2005 through its Great Needs. Great Deeds®. charity program.
Great Clips contributed the funds to the Children's Miracle Network as well as charities such as, Un... more
Imax® Theatre At The Minnesota Zoo Teams Up With Great Clips® As Official Theatre Sponsor
Effective immediately, the IMAX® Theatre at the Minnesota Zoo will be officially known as the Great Clips® IMAX® Theatre at the Minnesota Zoo. IMAX® and Great Clips®, North America's premiere no-appointment hair salon brand based in Edina, agreed to a naming rights partnership.
"Great Cl... more
Great Clips Partners With Natinal Brands
Over the past few years, the Great Clips name has become synonymous with other major national brands like Sprint, Best Buy, Coca-Cola, Cheerios, Hasbro, Blockbuster, and Dream Works Motion Pictures. These unlikely partnerships have created several successful promotions at Great Clips salons througho... more
Multi-salon Owner's Roots Are Behind The Chair
Don't tell Carla Fryar that the hair care industry lacks growth opportunities. This one-time stylist has seen first-hand the abundant opportunities available to those entering the industry, but she also understands the reality of what it takes to move ahead.
One of the original stylists who s... more
Great Clips Racing In 2004
Evernham Motorsports announced its lineup this morning for the 2004 NASCAR season. The lineup will include NASCAR legend Bill Elliott, who will run a reduced race schedule in an Evernham Motorsports Dodge; NASCAR Busch Series standout Kasey Kahne, who will succeed Elliott as the driver of the No. 9... more
View all Great Clips Press Releases
Franchise History
When did the first Great Clips open? 1982
When did Great Clips start franchising? 1983
| 2005 |
2297 |
62 |
0 |
0 |
| 2004 |
2133 |
62 |
0 |
0 |
| 2003 |
1877 |
58 |
0 |
0 |
| 2002 |
1662 |
58 |
0 |
0 |
| 2001 |
1464 |
54 |
0 |
2 |
Expansion Plans
United States: Mid West, South, South East, South West, West,
International: Canada,
Financing Options
| Franchise Fee |
No |
Yes |
| Startup Costs |
No |
Yes |
| Equipment |
No |
Yes |
| Inventory |
No |
Yes |
| Accounts Receivable |
No |
Yes |
| Payroll |
No |
Yes |
Third Party Financing Source(s): InSource Capital Services Inc., IRH Capital
Training & Support
Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising
Business Operations
Number of employees needed to run franchised unit: 8
- 10
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)
Qualifications & Business Experience
Business Experience: Marketing skills Strong management & leadership skills
Listing Tags
become, great, clips, owner, and, join, one, of, the, fastest, growing, in, north, america.
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for Great Clips and should not be construed as such. TheFranchiseMall.com makes every effort to
maintain accurate franchise data but does not guarantee nor assume liability for
incorrect data. We recommend that anyone seriously interested in
pursuing a Great Clips franchise opportunity, review that franchise's Uniform
Franchise Offering Circular (UFOC) with an attorney and accountant.
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COMPANY INFORMATION
Great Clips Inc.
7700 France Ave., #425
Minneapolis,
MN
55435
Phone: (952)893-9088
Toll Free: (800)947-1143
Fax: (952)844-3443
Website: Visit Website
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