Retail · registry year 2024 · HQ MN
Great Clips Franchise
A Great Clips Inc brand operating in the retail sector, franchising since 1983. According to the 2024 FDD filing for Great Clips, this is an editorial comparison record; it does not reproduce the brand's current FDD.
- $137K – $282K
- Initial investment · Mid-range entry cost
- 6.0%
- Royalty rate · Above-average royalty
- 4,500
- Total locations · Large network
- $400K
- Avg unit revenue · Below-average unit revenue
FDD outlay schedule
Registry great-clips Great Clips
Great Clips needs $137K–$282K to open and charges a 6.0% royalty - an entry cost below the typical retail franchise.
- LO $137K
- HI $282K
- FEE $20K
- ROY 6.0%
- UNT 4,500
- I19 Disclosed
- INV# #134/223
- UNT# #28/223
Same-sector Item 7 peers
Nearest Item 7 peer: Supercuts ($138K)
Same-sector Item 7 neighbourhood for Great Clips (registry year 2024). Listed lows only - not a profit, cost-of-living, or suitability claim. Verify the current FDD before relying on these figures. How we place brands →
Franchise Opportunity Health Score
How healthy and transparent Great Clips's franchise system looks, from 2 of 2 tracked dimensions.
- Network momentum 1.6% net unit growth (YoY) 38/100 · F
- Financial disclosure Item 19 disclosed 100/100 · A
Benchmarked against the 223-brand tracked corpus (p10-p90 range per dimension); a higher score means a growing unit count and a disclosed Item 19. See how we place brands.
Where Great Clips's investment ranks nationally
Great Clips's listed Item 7 low of $137K against every one of the 218 tracked franchise brands with a disclosed initial investment. Listed figures only, verify in the current FDD before relying on them.
Great Clips vs all tracked franchise brands by listed investment
Initial investment low (FDD Item 7), PlainFranchise brand corpus
$137,000 Lower than most lower than 61% of 218 franchise brands
Franchise brands, banded by listed Item 7 low
Each bar is a $0.001K-wide band; taller bars hold more franchise brands. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source PlainFranchise editorial comparison registry · 2024-12-31
Investment Overview
- Franchise Fee
- $20K
- Ad Fund Rate
- 5.0%
Revenue Data (Item 19)
- Average Revenue
- $400K
- gross revenue per location
* Revenue figures are gross revenue (sales), not profit. This registry does not report operating costs or profit.
Network Size & Growth
Net Growth Rate
Year-over-year unit change
80 locations closed in the last reporting year
Quick Facts
- Sector
- Retail
- Subsector
- hair salon
- Founded
- 1982
- Franchising Since
- 1983
- Headquarters
- MN
- FDD Year
- 2024
- Item 19
- Disclosed
Important Notice · Great Clips
This Great Clips page is a registry comparison record, not a verified FDD extract. It does not establish suitability, operating costs, profitability, or expected results for Great Clips.
National footprint registry read for Great Clips
Signature read: 4,500 locations · Item 7 low $137K
Great Clips, a Great Clips Inc franchise, has been franchising since 1983 - 1 years after the concept was founded in 1982 , currently with 4,500 total locations (4,500 franchised, 0 company-owned; 100% of the recorded total is franchised) in the retail sector, headquartered in MN. The registry records a total initial investment between $137K and $282K, using the registry's listed low and high fields. The registry records a separate franchise-fee field of $20K and does not list every Item 7 component in this summary.
The brand charges 6.0% of gross sales in ongoing royalties with a separate 5.0% national advertising-fund field; the two listed percentages total 11.0%. Great Clips has a recorded Item 19 financial-performance field; Item 19 disclosure is voluntary under the FTC Franchise Rule. The reported average gross revenue per location is $400K; applying the listed royalty rate to that reported average yields $24K as a simple arithmetic illustration, not a cost or profit estimate. Revenue is distinct from profit, and the registry does not provide a complete operating-cost record.
The unit count trend here is positive -- Great Clips posted 1.6% net growth year-over-year (150 openings, 80 closures). This is a reported network-size change, not a measure of profitability, demand, or franchisee outcomes.
Frequently Asked Questions
How much does a Great Clips franchise cost?
How many Great Clips locations are there?
What are the ongoing fees for a Great Clips franchise?
Related reading for Great Clips: Understanding FDDs , Great Clips lists Item 19 revenue here, how Item 19 fits the 23-item FDD.
Snapshot uses the registry's listed Item 7 initial-investment low and Item 20 location-count fields. It is a descriptive comparison, not a ranking or investment recommendation.
How Great Clips's Item 7 and Item 19 fields are labeled (expand)
Nationwide brands with similar investment or network size
Two data-derived peer sets for Great Clips , both outside HQ state MN : nearest Item 7 lows and nearest total-location counts, not the same-sector roster below.
Similar listed investment
Nearest Item 7 lows ($137K here).
Similar network size
Nearest total location counts (4,500 here).
What to do with this
Great Clips at a glance, drawn from the same figures above.
- Great Clips scores 69/100 (D) on our composite opportunity read, combining net unit growth and Item 19 financial-disclosure transparency.
- Its $137K – $282K entry cost runs below the typical retail franchise.
- Ranks #134 of 223 listed franchises by initial investment. See rankings
- Supercuts sits at a comparable investment level ($138K) in the same sector. Compare
Editorial comparison registry, not a source-linked FDD record. Verify the current FDD before relying on any figure.
Read our methodology - what this registry can and cannot establish.
Source: PlainFranchise editorial registry Record-level FDD source link and retrieval date pending
| Publisher | PlainFranchise |
| Sources | Public state franchise disclosure registries and FDD filings |