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Great Clips Inc full profile
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Great Clips Inc

4400 W 78th St, Ste 700
MN, United States, 55435

Year business established: 1982
Date of first franchise: 1983
Membership: CFA, IFA
Other franchise systems offered: No

Full Time work: No
Part Time work: No
Home-based: No
Special skills buyer requires: Management

Initial training offered: Yes

Initial training includes:
New franchisee orientation in Minneapolis, Minnesota. Online coursework and in-salon training prior to Grand Opening.

On-going training offered: Yes

On-going training includes:
Many training centers are located throughout North America. Stylists and managers must attend upon hiring. Franchisees encouraged to attend. Operations specialists on-call to assist with the business side of your salon.

Location selection assistance offered: Yes
National Advertising Program offered: Yes
Assistance with signage/branding offered: Yes
Store layout and fit-up assistance offered: Yes
Business Description
Ottawa & Winnipeg: The world's largest and fastest growing salon brand is expanding in Canada! Be a business owner and join a brand that is poised for growth in these new markets! Great Clips is a convenient hair cutting salon with more than 4,300 locations throughout North America. Franchisees enjoy this simple, recession and technology resistant business in a $65 billion industry. Manager-run salons allow you to keep your job. No haircare experience necessary. Cash business with no receivables. Over 35 years in the industry, and we continue to grow. Multi-unit opportunity: our average franchisee owns 5-6 salons after just 5 years of opening their first salon.

CANADA USA International
Number of franchises units 150 4200 0
Number of corporate units

Canada: BC, AB, MB, SK, ON, GVA, GTA
United States: CT, ME, MA, NH, RI, VT, MD, NJ, NY, PA, AL, AR, FL, VA, IA, MI, MO, NM, OK, TX, CA, DC

CANADA USA International
Master licenses available No No No
Regional licenses available No No No
Single franchises available Yes Yes No
Multiple units available Yes Yes No
Disclosure Document (UFOC) available Yes Yes No

INVESTMENT REQUIREMENTS (Averages only. Actual amounts may vary due to franchise specifics - location, size, etc.)
Minimum Investment: $149,000
Startup Capital (unencumbered cash): $50,000
Maximum Investment: $300,000
Initial Franchise Fee: $20,000
Royalty Fee: 6%
Advertising Fee: 5%

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