Why Haircare? Why Great Clips?
A distinct and enduring advantage of having 2,600 salons under one brand makes us clearly the dominant presence in our industry. Combining the experience of Great Clips, along with your business acumen, together we will continue to be a strong force within the $55 billion haircare industry.
What really makes this business concept unique is the fact that it is recession resistant, simple and has steady growth; you will be hard pressed to find a better business that meets all three.
What does a former McDonald's
executive have to say about Great Clips?
I started with McDonald's in 1959. I had the opportunity to work with the top people when it was an infant company. I remember it well and I am seeing the same things now at Great Clips. Even though it's a different industry, haircare is like food -- it's not a fad. Sure, tastes and styles change, but, just as people will not stop eating, they won't stop getting their hair cared for. That's one reason this business has more "staying power" than many trendy businesses.
Shelby Yastrow, Former Executive Vice President, General Counsel and Secretary of McDonald's from 1978-1998; Member, Great Clips Board of Directors, 1996-Present
See video of Shelby Yastrow introducing Great Clips Franchising
Frequently Asked Questions
Listed below are some of the most frequently asked questions by executives investigating Great Clips:
Q. What qualifications are necessary to own a Great Clips franchise?
A. Strong people skills, the required amount of capital, financial stability and business/management background. No haircare experience is necessary.
Q. Should I be involved in day-to-day operations of my salon?
A. Most successful owners work on the business not in the business. A certified manager, under your supervision, handles the day-to-day operations of your salon.
Q. What about advertising and promotional programs?
A. Franchisees contribute to our North American Advertising Fund. These funds are used for advertising and sales programs that may include: newspaper, billboards, TV and radio to build your customer base.
Q. How does Great Clips assist in site selection?
A. We have ongoing relationships with real estate developers and brokers who assist with location identification. We provide tools for reviewing sites formulated with experience-based criteria. We provide consultation regarding location, visibility, salon size and demographics. Don't agonize. With 2,600 salons operating today, we have a proven process to help you determine the right location for your salon.
Q. How much money can I make?
A. As a franchise company, we are regulated as to how a Financial Performance Representations can be communicated. We can provide this information to you in written form in the Franchise Disclosure Document (FDD). Request Great Clips franchise information to receive our detailed Financial Performance Representations. Great Clips is one of the few franchise companies that provides this information to prospective franchisees.
Q. Is financing available?
A. Yes. We offer third party financing options.
Q. What is the term of a Franchise Agreement and how are the franchise fees used?
A. Great Clips' franchise term is 10 years with consecutive, additional option terms of 10 years each. Franchise fees are paid bi-weekly and are used for ongoing training and support of Great Clips franchisees. As you can see, we are in this business for the long-term and want franchisees with similar aspirations.
If you are ready to investigate a business that allows you to have a balance between your professional career and fulfilling your dream of building your own organization; then, let's discuss Great Clips.
