Key Investment Facts
[LAST UPDATED: Jul 2, 2026] · [VERIFIED · FDD]
About Great Clips
Largest salon brand offering affordable, no-appointment haircuts.
Training Program: 2 weeks of initial training included.
Item 19 (Financial Performance Representation): Available — franchisees can view historical earnings data.
Tags: haircuts, salon, affordable, multi-unit
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Investment Overview: Is Great Clips Worth It?
Opening a Great Clips franchise requires an initial investment in the range of $181K to $387K. The initial franchise fee is $20K, which grants you access to the brand, training, and operational systems. Ongoing royalty fees are 6.00% of gross revenue. Great Clips operates in the Retail & Services sector and typically requires semi-absentee ownership.
As of the most recent disclosure, Great Clips has 4,500 total franchise units (4,500 franchised). Recent growth shows 1.00%, which signals steady market presence in the Retail & Services space. The reported failure rate is 2.00%, well below industry averages, suggesting solid franchisee retention. New franchisees receive 2 weeks of initial training to prepare for operations.
Franchisee satisfaction for Great Clips is rated 78 out of 100, which is considered strong relative to other Retail & Services franchises. High satisfaction scores often correlate with better support systems, stronger brand recognition, and more predictable unit economics. Great Clips provides an Item 19 Financial Performance Representation in its FDD, which means prospective franchisees can review historical earnings data before investing. We recommend using our AI Financial Model tool to project personalized returns, and reviewing the full FDD analysis before making any investment decision.
Risk Assessment
Key risk signals from FDD data. Higher score = lower risk. Verify in the franchise's current disclosure document.
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Frequently Asked Questions About Great Clips
How much does it cost to open a Great Clips franchise?
The total initial investment for a Great Clips franchise ranges from $181K to $387K. This includes the franchise fee of $20K, plus buildout, equipment, inventory, and working capital. Ongoing royalty fees are 6.00% of gross revenue. Always request the current Franchise Disclosure Document for exact, up-to-date figures.
Is Great Clips a good franchise to buy in 2026?
Great Clips operates in the Retail & Services sector with 4,500 total units. Franchisee satisfaction is rated 78/100, which is above average. Whether it's a good investment depends on your market, capital, and goals. We recommend using our AI Financial Model tool to project personalized returns before making a decision.
Can I run a Great Clips franchise as a semi-absentee owner?
Great Clips typically operates under a semi-absentee model. This means you can hire a general manager to handle day-to-day operations while maintaining other income sources or businesses. Semi-absentee franchises are popular with investors who want passive income.
What is the failure rate for Great Clips franchises?
The reported failure rate for Great Clips is 2.00%, which is below industry averages and suggests strong franchisee retention. Failure rates vary by market and operator experience. Always review Item 20 of the FDD, which discloses franchisee turnover, transfers, and terminations over the past three years.
How does Great Clips compare to other Retail & Services franchises?
Great Clips competes with other brands in the Retail & Services space. Key differentiators include investment level ($181K to $387K), franchisee satisfaction (78/100), and the semi-absentee operating model. Use our franchise comparison tool to see side-by-side data against specific competitors.
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