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  3. Great Clips
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Great Clips

Personal Services

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Investment range
$147K to $302K
Total initial investment, FDD Item 7
Liquid capital
$75K
Net worth
$300K
Ownership
Semi-absentee

About the business

Great Clips operates walk-in hair salons offering haircuts for men, women, kids and seniors, with online check-in through its app to join a salon's waitlist. The system has more than 4,400 salons in over 190 markets across the United States and Canada, run by more than 700 franchisees, most of whom own multiple salons.

What owners do day to day

Owners do not cut hair. A salon manager handles day-to-day operations, so many franchisees start while keeping their existing careers.

Ideal owner

Great Clips says its franchisees come from many backgrounds and share a growth mindset, are engaged leaders invested in their business, and are willing to follow the company's system.

Fees and costs

Figures come from the brand's current FDD
FeeAmountWhen it's paidSource
Initial franchise feeFrom the FDDOnce, at signingItem 5
RoyaltyFrom the FDDOngoingItem 6
Marketing feeFrom the FDDOngoingItem 6
Total initial investment$147K to $302KBefore openingItem 7
Read the full fee schedule in the FDD once it's released to you.
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