Great Clips
Great Clips provides value-priced haircuts and perms for the entire family, without appointments � providing a necessary service to consumers who want quality, value, service and convenience from a trusted brand name. Great Clips has over 2,500 salons in 120 markets throughout North America, and with an extensive support system, is positioned for further growth. The higher density of stores operating in a particular market means greater brand awareness, convenience for the customer and increased revenue per salon.
Great Clips satisfies a built-in demand that is stable and immune to recessions. Serious franchisees are allowed to purchase multiple units to increase their market penetration. Great Clips is efficiently run as a cash business with no receivables and little inventory. Salons can be operated by managers and franchisees can maintain their corporate positions while opening multiple units.
Investment Required The fee for a Great Clips franchise is between $98,750 and $184,350.
Great Clips provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
On-Going Expenses Great Clips franchisees pay a continuing franchise fee equal to 6% of gross sales and a continuing advertising fee equal to 5% of gross sales.
What You Get�Training and Support Great Clips provides comprehensive training to the franchisee, salon manager and stylists. Franchisees begin with New Franchisee Orientation and Training, and then receive marketing training and ongoing support at area training centers. Professional Stylist Training and employee training are also given at area training centers, reducing costs. Great Clips focuses on recruitment and provides a range of custom recruiting tools to gain quality staff.
In addition to constantly updated operating manuals, forms, brochures, tools and handbooks that assist in everyday operations, Great Clips provides an informative newsletter for franchisees, management staff and stylists. Annual meetings, conventions and leadership conferences take place to provide further educational opportunities and exchange news and ideas.
Great Clips promotes the Great Clips brand in print, radio and television. Great Clips devotes itself to consumers� needs, and assists franchisees in maintaining local public relations, community relations and marketing and advertising efforts.
Territory Great Clips grants exclusive territories.
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