GREAT CLIPS
Great Clips, Inc. franchises GREAT CLIPS® salons that offer consistent, high-quality, affordable haircare services and a limited selection of designated products for men, women, and children in a distinctive retail environment, typically located in shopping centers. The business model involves licensing trademarks, trade dress, and proprietary system standards to franchisees for operating individual salons, with options like the Three Star Program and Master Development Agreements for multi-unit development. The target market includes families and individuals seeking convenient, no-appointment walk-in haircare services.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 2,175 franchised salons (Reporting 2024 Salons) that provided sufficient data for Average Operating Cash Flow Statement for the 2024 Period.
* Average Gross Revenue and Median Gross Revenue are taken directly from Table 2, 'Total Sales' row for 2,175 Reporting 2024 Salons. Average EBITDA is taken from Table 2, 'Operating Cash Flow' row. EBITDA margin is calculated as Average EBITDA / Average Gross Revenue (82637 / 413389 = 0.1999). Revenue Top Quartile is the weighted average of the Average Annual Sales for the top two segments ('> $600k' and '$500k-$600k') from Table 3, representing approximately 23.5% of salons: (223 units * $692,295 + 289 units * $544,879) / (223 + 289) = $609,085.58. Revenue Bottom Quartile is the weighted average of the Average Annual Sales for the bottom two segments ('< $250k' and '$250k-$300k') from Table 3, representing approximately 20.8% of salons: (196 units * $208,509 + 258 units * $276,787) / (196 + 258) = $247,310.15. Best Guess Profit Low is the lowest 'Cash Flow ($)' from any segment in Table 3 (-$3,635). Best Guess Profit High is the highest 'Cash Flow ($)' from any segment in Table 3 ($193,727).
Extracted Item 19 Section
How GREAT CLIPS Compares to Other Beauty & Spa Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
GREAT CLIPS Current | N/A | $20K | N/A | 4,439 |
| SPORTS CLIPS (SINGLE UNIT) | $289K - $475K | $30K | 6.0% | 1,754 |
| SUPERCUTS | $186K - $323K | $40K | 6.0% | 1,701 |
| DaVi Nails and Em Lash Studio | $61K - $144K | $65K | N/A | 400 |
| PALM BEACH TAN | $648K - $1.1M | $30K | 6.0% | 397 |
| DAVI NAILS | $57K - $125K | $65K | 0.0% | 387 |
Beauty & Spa Services Average 45 franchises | $397K - $729K | $49K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 45 Beauty & Spa Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+36 more states
SBA Loan History
Historical SBA 7(a) loan data for GREAT CLIPS franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much revenue does a GREAT CLIPS franchise make?
According to the 2025 FDD, the average gross revenue for a GREAT CLIPS franchise is $413,389. The median revenue is $393,907.
How much profit can you make with a GREAT CLIPS franchise?
Based on the financial performance data in the FDD, estimated profit for a GREAT CLIPS franchise ranges from $-3,635 to $193,727 per year. Actual results vary based on location, management, and market conditions.
How many GREAT CLIPS franchise locations are there?
As of the 2025 FDD, GREAT CLIPS has 4,439 franchise locations. The company has been franchising since 1983.
Can you get an SBA loan for a GREAT CLIPS franchise?
Yes, SBA loans are available for GREAT CLIPS franchises. Historical data shows 293 SBA 7(a) loans have been approved for GREAT CLIPS franchisees, with an average loan amount of $308,065. The historical default rate is 2.0%.
Is GREAT CLIPS a good franchise to buy?
GREAT CLIPS shows several positive indicators: established brand with 4,439+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in GREAT CLIPS?
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