KEY FRANCHISE STATS
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$382,000
Great Clips is a leading franchise in the haircare sector, widely recognized for its accessible and budget-friendly salon services. Established in 1982 by Steve Lemmon and David Rubenzer in Minneapolis, Minnesota, Great Clips has expanded into one of the largest salon networks across North America.
The franchise initiated its franchising operations in 1983, giving entrepreneurs the chance to join a brand committed to delivering high-quality haircuts at reasonable prices. Great Clips offers a broad range of hair services, including cuts for men, women, and children, as well as various styling and grooming options.
One of the distinctive features of Great Clips is its focus on walk-in services, allowing clients to get a haircut without prior appointments. Additionally, the franchise utilizes technology through its online check-in system, minimizing wait times and improving the overall customer experience.
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Below are some of
Great Clips
key competitors in the
Hair salon
sector.
4439
6.00%
$188,000
-
$420,000
$382,000
n.a.
$xxx,xxx
19.4%
n.a.
Great Clips offers extensive training for franchisees and their key staff, incorporating various programs designed to ensure effective operation and compliance with brand standards. The training programs include:
QuickConnect Franchisee Training: This essential program for franchisees covers the foundational aspects of setting up and managing a Great Clips salon. It combines online modules via GREAT CLIPS® University, virtual sessions, in-person training, participation in the Great Clips Academy, LEADS, in-salon training, and classroom instruction.
Great Clips Academy: Mandatory for franchisees and key personnel such as stylists, this program delves into the critical elements of running a salon, ensuring the consistent delivery of the GREAT CLIPS® brand promise.
LEADS (Leading Excellence and Developing Staff): Targeted at franchisees and their management teams, this program focuses on maintaining the GREAT CLIPS® brand standards within the salon.
In-Salon Training: As part of the QuickConnect Franchisee Training, franchisees must complete hands-on training in a salon environment, gaining familiarity with daily operations, including the use of salon technology and the point-of-sale system.
Great Clips does not grant franchisees an exclusive territory. Instead, franchisees receive a protected territory, delineated by a specific radius from the salon's main entrance. This radius is typically three-quarters of a mile for standard locations and one-tenth of a mile in areas with high population density.
Despite this protected territory, franchisees may encounter competition from other franchisees, company-operated locations, or other brands under the Great Clips umbrella, even within the designated area.
This approach allows Great Clips to strategically place salons to maximize market coverage and brand presence while ensuring each franchisee has a fair opportunity to thrive. The protected territory helps balance franchisee interests with the overall growth and accessibility goals of the Great Clips brand.
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