Great Clips is a well-established hair salon franchise with 4,439 franchised units and zero company-owned locations as of December 31, 2024. The system shows stability with low termination rates (0.09%) and modest growth, adding 12 net units in 2024. Initial investment ranges from $187,800 to $419,900 with a $20,000 franchise fee. Ongoing fees include 6% royalty and 5% advertising fund contribution. The franchise provides Item 19 financial performance data showing average gross sales of $413,389 across 2,175 reporting units, with labor costs representing 48.92% of sales. Territory protection includes a 0.75-mile radius around each salon. The 10-year initial term can be renewed for additional 10-year periods subject to conditions including remodeling requirements.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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