Total investment:
$ 136,900
Franchise fee:
$ 20,000
Royalty fee:
6%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1982
Franchise since: 1983
Company owned units:
Franchise owned units: 4261
Total number of units:
Number of employees per unit: 8-10
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEGreat Clips is a hair salon franchise with over 4,100 locations across the United States and Canada. In 2013, Great Clips reported an annual revenue of $1.03 billion. Over 30,000 stylists are employed by Great Clips salons. The first Great Clips salon opened under the name Super Clips near the University of Minnesota campus on September 22, 1982. It is headquartered in Minneapolis, Minnesota.
On-The-Job Training: 8 hours
Classroom Training: 86 hours
Additional Training: At local training center
Absentee Ownership Allowed