Great Clips
Minneapolis, MN
Great Clips is a leader in the personal care franchise category, known for its consistent and accessible salon service model. Founded in 1982 and franchising since 1983, the brand has established 4,439 units with a steady 7.3 percent five-year growth rate. The Great Clips franchise cost is manageable, ranging between 182,950 and 414,400 dollars, with a franchise fee of 20,000 dollars. Prospective franchisees must possess at least 100,000 dollars in liquid capital. Headquartered in Minneapolis, Minnesota, the company provides significant support in the areas of site selection, manager recruitment, and national advertising. A professional Great Clips franchise review usually highlights the brand’s data-driven operational tools and its ability to weather economic cycles. The ideal franchisee profile focuses on multi-unit operators who are capable of managing staffing, service quality, and local marketing strategies. With a 6 percent royalty fee, owners gain access to a brand that simplifies the customer experience through an integrated online check-in system. Those looking to buy a Great Clips franchise are investing in a model that prioritizes efficiency and volume, making it highly attractive for semi-absentee or multi-unit owners. With a strong track record of stability, it offers a proven business opportunity for those wanting to enter the recession-resistant personal care services industry. The growth potential is solid as the brand continues to expand its reach and improve its technology-focused operational platform.
FIC Score
out of 100
Investment Range
$183K – $414K
Franchise Fee
$20K
Total Units
4,439
5-Year Growth
+7.3%
FIC Score Breakdown
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Overall Ranking
Out of 787 franchises
Specifications
About the Great Clips Franchise Opportunity
The Great Clips franchise is a Personal Care franchising opportunity founded in 1982 and headquartered in Minneapolis, MN. With over 4,439 franchise units, Great Clips is one of the recognized brands in the personal care sector available to prospective franchisees.
The total investment required to become a Great Clips franchisee ranges from $183K to $414K. The initial franchise fee is $20K. Prospective franchise owners must have a minimum of $100K in liquid capital. Franchisees pay an ongoing royalty fee of 6%.
The Franchise Information Center has assigned Great Clips a FIC Score of 91.8 out of 100, ranking it #18 among all franchises. This proprietary franchise score evaluates three core dimensions: scalability (93.2/100), franchisor support quality (90.8/100), and unit economics (91.4/100).
Great Clips has demonstrated 7.3% unit growth over the past 5 years, reflecting strong demand for this franchise opportunity among investors and entrepreneurs entering franchising.
The Franchise Information Center provides free consultations to help you evaluate whether the Great Clips franchise is the right franchising investment for your goals, budget, and market. Our expert franchise brokers work directly with franchisors on your behalf — at no cost to you.
Great Clips
FIC 91.8 · #18
DISCLAIMER: The financial information displayed on this page — including franchise fees, total investment ranges, liquid capital requirements, royalty fees, and unit counts — is provided for general informational purposes only and is sourced from publicly available data, third-party directories, and franchisor-published materials. This information may not reflect the most current figures disclosed in the franchisor's Franchise Disclosure Document (FDD). Investment amounts, fees, and terms are subject to change without notice and may vary based on location, market conditions, territory, and other factors. The Franchise Information Center (FIC) does not guarantee the accuracy, completeness, or timeliness of any financial data presented herein. Nothing on this page constitutes a franchise offering, investment advice, or a solicitation to purchase a franchise. A franchise offering can only be made through a Franchise Disclosure Document (FDD) registered and delivered in accordance with applicable federal and state law. Before making any investment decision, prospective franchisees should independently verify all financial data with the franchisor directly and consult qualified legal and financial advisors. The FIC Score is a proprietary analytical tool for informational purposes only and does not constitute an endorsement, recommendation, or guarantee of franchisee success or investment return.