Great Clips
Wellness & Personal Care · Beauty Salons & Barber Shops
- Active units
- 4,439
- Avg unit volume
- $399k
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About Great Clips
Great Clips Hair Salons is a leading brand that offers convenient and high-quality haircare services. With the Great Clips mobile app, you can check in ahead of time at your local salon, saving you time and ensuring a seamless salon experience. The app is available for both iOS and Android devices, allowing you to easily download it from the Apple App Store or Google Play. The Great Clips app offers a range of features to enhance your salon visit. You can access faster online check-in, view your salon's waitlist in real-time, and track your visit with a convenient progress bar. The app also allows you to set favorite salons, receive personalized offers and promotions, and get hairstyling tips. Whether you're in need of a haircut, styling, or other haircare services, Great Clips Hair Salons has you covered. You can also explore their career opportunities, own a salon franchise, and find a wide range of haircare products. With Great Clips, looking great has never been easier. Download the app today and experience the convenience and quality of Great Clips Hair Salons.
Key terms
- Franchise fee
$20k
- Three Star Program
Program Fee $35,000; initial franchise fee waived per unit with fully-executed lease within 24 months; $5,000 MDAF contribution also waived if follow designated grand opening plan
- Deferral Program
Defers $20,000 Initial Franchise Fee and $5,000 MDAF for an additional salon in Original Salon’s Protected Area until certain sale/relocation/closure events
- Expediter Program
Rebate up to $20,000 to offset third-party payments to acquire a specific real estate location for a new or relocated salon
- Master Development Agreement pricing
Within an Exclusive DMA, $6,000 Initial Franchise Fee per salon; initial MDAF contributions for those locations may be waived if approved grand opening plan is followed
- Brand fund
5.0% of Net Sales
- Veteran discount
5000.0% off franchise fee — $5,000 rebate of the Initial Franchise Fee for qualified veterans on first salon
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations4441
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate0.0%
Net unit growth versus prior year
- 3-year unit CAGR0.2%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$304k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.