| 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.
