Is Great Clips® Right For You?

Review Investment

Description Low High
Franchise Fee $20,000 $35,000
Initial Ad Fund Contribution $5,000 $5,000
Leasehold Improvements and Site Fees* $119,800 $268,900
Additional Funds for 12 Months $15,000 $55,000
Grand Opening Advertising $20,000 $25,000
Training, Travel, and Living Expenses (per participant) $1,500 $2,500
Insurance $2,100 $3,000
Total $183,400 $394,400
* Includes the following: labor, fixtures, opening inventory supplies, rent and security deposits, lease liability fee, lease review fee, freight and sales tax on fixtures, signage and furnishings.**This is not an offer for a franchise. Such an offer can only be made through our Franchise Disclosure Document (FDD). Certain states require that we register the FDD in those states. This communication is not directed by us to the residents of any of those states and we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration). Likewise, this communication is not directed to residents of Canada, as an offer for a franchise can only be made through the provision of our Canadian Franchise Disclosure Document.  Notice to prospective franchisees protected by the New York Franchise Sales Act: This is not an offering. An offering can only be made by prospectus first filed with the State of New York Department of Law, and such a filing does not constitute approval by the department.  © Great Clips, Inc. 4400 West 78th Street, Suite 700, Minneapolis, MN 55435.

Canadian Dollar Portion of Initial Investment

Description Low High
Franchise Fee $20,000 $35,000
Initial Ad Fund Contribution $5,000 $5,000
Leasehold Improvements (including labour, rent, security deposit and lease review fee) $71,000 $194,000
Additional Funds for 12 Months $18,000 $60,000
Grand Opening Advertising $20,000 $25,000
Training, Travel, and Living Expenses (per participant) $1,800 $3,000
Insurance $1,600 $2,880
Total $137,400 $324,880

US Dollar Portion of Initial Investment

Description Low High
Fixtures, Signage & Furnishings (including salon technology hardware) $42,000 $60,000
Freight $4,000 $7,000
Opening Inventory & Supplies $5,640 $7,680
Architecture Fees & Lease Liability $600 $5,000
Total $52,240 $79,680
*This is not an offer for a franchise. Such an offer can only be made through our Franchise Disclosure Document (FDD). Certain states require that we register the FDD in those states. This communication is not directed by us to the residents of any of those states and we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration). Likewise, this communication is not directed to residents of Canada, as an offer for a franchise can only be made through the provision of our Canadian Franchise Disclosure Document.  Notice to prospective franchisees protected by the New York Franchise Sales Act: This is not an offering. An offering can only be made by prospectus first filed with the State of New York Department of Law, and such a filing does not constitute approval by the department.  © Great Clips, Inc. 4400 West 78th Street, Suite 700, Minneapolis, MN 55435.

Financial, personal, and geographic requirements

Net Worth (financial requirements vary depending on the needs of each market) $300,000, $500,000, or $1,000,000
Liquid Assets $75,000, $100,000, or $250,000
Credit Score 675
New franchisees must have their primary residence in the open geographic market where they intend to develop their Great Clips business.

Financing

We can help

We have long-standing relationships with key lenders. Thousands of North American Great Clips locations have been financed over the last 35 years. There are several third-party financing options you can choose from, including small business loans. Please ask us for more information.