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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

GREAT CLIPS

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.

4,441locations
Since 1983
RetailMinneapolis, MNgreatclipsfranchise.comDisclaimer

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Franchise Costs

Franchise Fee
$20,000
Initial Investment
N/A
Royalty Rate
6.00%
Brand Fund
5.00%
Fixed Monthly Fees
$17 – $17

6% royalty + 5% ad fund + $200/yr ($17/mo) training fee

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$422,283
Median Gross Revenue
$402,271
EBITDA Margin
20%
Top Quartile Revenue
$613,457.66
Bottom Quartile Revenue
$268,534.24
Average EBITDA
$83,504

Data Based On: 2,376 franchised Great Clips salons (referred to as "Reporting 2025 Salons") that provided sufficient data for sales and expenses for the entire 2025 Period.

* Average Gross Revenue and Median Gross Revenue are taken directly from Table 2 (Page 5). Average EBITDA and EBITDA margin are taken from Table 2's 'Operating Cash Flow' figures and percentages. Note 11 (Page 7) defines Operating Cash Flow as excluding income taxes, depreciation, and amortization, which aligns with the definition of EBITDA. Revenue Top Quartile was calculated as a weighted average of the top 25% (594 salons) of the 2,376 Reporting 2025 Salons, using average sales data from the >$600k (274 salons) and $500k-$600k (320 of 341 salons) segments in Table 3. Revenue Bottom Quartile was calculated as a weighted average of the bottom 25% (594 salons), using average sales data from the <$250k (188 salons), $250k-$300k (268 salons), and $300k-$350k (138 of 354 salons) segments in Table 3. Best guess profit range is derived from the lowest and highest 'Cash Flow ($)' observed in the segmented data of Table 3.

Extracted Item 19 Section

Avg. Revenue: $422,283

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GREAT CLIPS Franchise Analysis

Great Clips dominates the walk-in haircut space with over four decades of franchising and a massive footprint in strip malls nationwide. Item 19 financials paint a picture of steady performer potential, while a thick stack of SBA loans hints at accessible financing. But with growth hitting a plateau lately, does this mature brand still offer the upside for new investors?

Item 7 lays out the $20,000 franchise fee, paired with a 6% royalty, 5% ad fund, and a modest $200 annual training fee. Item 19 shines here, disclosing average gross revenue of $422,283 and median of $402,271 across salons, though EBITDA margin sits at 0% with estimated profits ranging from a -$5,248 loss to $188,148 gain—highlighting variability tied to location and management. System health looks rock-solid: just 3 terminations and 2 non-renewals last year, alongside 175 transfers showing active resale market, and 85 projected new units despite flat growth from 4,439 to 4,441 locations.

SBA data backs the stability, with 293 loans averaging $308,065 and an impressively low 2% default rate, making it easier for operators to fund without massive upfront capital. For buyers eyeing beauty services, Great Clips' no-appointment model taps reliable family demand, but the 0% margin flags tight squeezes after fees—top performers clearly outperform. If you're scaling via multi-unit like their Three Star Program, this data suggests a low-risk entry in a saturated but resilient niche.

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Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How GREAT CLIPS Compares

FranchiseInvestmentFeeRoyaltyLocations
GREAT CLIPS
Current
N/A$20K6.0%4,441
SPORTS CLIPS (SINGLE UNIT)$237K – $581K$30K6.0%1,702
SUPERCUTS$186K – $323K$40K6.0%1,701
DaVi Nails and Em Lash Studio$61K – $144K$65KN/A400
PALM BEACH TAN$648K – $1.1M$30K6.0%397
DAVI NAILS$57K – $125K$65K0.0%387
Beauty & Spa Services Average
52 franchises
$413K – $743K$48K6.2%–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 52 Beauty & Spa Services franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1TX
438
2FL
290
3OH
283
4CA
279
5NC
202
6IL
191
7GA
185
8MI
167
9IN
162
10PA
143
11AZ
143
12MN
127
13TN
118
14WA
114
15CO
113

+40 more states

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SBA Loan History

Historical SBA 7(a) loan data for GREAT CLIPS franchisees (2010 – 2025)

Total Loans
293
Average Loan
$308,065
Total Volume
$90.3M
Default Rate
2.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

293 SBA loans on record

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Franchisee Contacts

4,661 franchisee contacts on file from official FDD filings.

4,661 Contacts Available

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Due Diligence

Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
2
Reacquired
0
Ceased Ops
103
Transfers
175
Sold to Franchisees
0
Projected New
85

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Frequently Asked Questions

GREAT CLIPS does disclose financial performance data (Item 19) in their 2026 FDD, including average and median gross revenue figures. Get full access to see the exact revenue numbers and detailed financial breakdown.