Great clips franchise Built-up in 1982, Great Clips began franchising in 1983 and now has in excess of 4,000 areas all through the United States and Canada.
Typically situated in strip shopping centers, Great Clips hair salons are open nights and end of the week and don’t require appointments. No hair-care experience is required for franchisees, who work 5 to 6 units following 5 years all things considered.
If you have a chance that you need to keep your expert profession and are searching for an incredible method to seek after a multi-unit franchising strategy, you should investigate our advertising.
The present quick paced way of life implies that individuals need a salon that accommodates their busy schedule. That is the reason Great Clips is open nighttimes and ends of the week — no appointments important. Incredible Clips offers reasonable, quality hairstyles in a comfortable, friendly salon.
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#1. Great Clips Franchise Opportunities
Are you official-looking for a great clips franchise opportunities? Great Clips, the biggest brand in the haircare business, offers a few points of interest to the official/business person:
- Moderate-hazard
- Relentless development business
- strong cash income
- Moderately low investment
- Business visionary magazine positions Great Clips in the Top 50 Franchise Opportunities, and #1 in haircare franchise.
- Franchisees who have worked for at any rate 5 years, regularly possess 5 to 6 areas
- Keep your expert career– Manager run areas
- 100% focused on proprietor achievement
#2. Great Clips Franchise Cost
1. Great clips franchise cost:
| Estimated Investment Cost | ||
| Name of Fee | Low | High |
| Initial Franchise Fee | $20,000 | $20,000 |
| Initial Advertising cost to the Market Development Ad Fund | $5,000 | $5,000 |
| Travel and Living Expenses While Training (per participant) | $1,500 | $2,500 |
| Architecture Fees | $250 | $3,500 |
| Leasehold Improvements, including Labor | $30,000 | $70,000 |
| Rent and Security Deposits | $1,000 | $10,000 |
| Fixtures, Signage, and Furnishings, including Computer | $35,000 | $50,000 |
| Freight | $2,000 | $6,000 |
| Sales Tax on Fixtures, Signage, and Furnishings | $0 | $2,500 |
| Opening Inventory and Supplies | $4,700 | $6,400 |
| Grand Opening Advertising | $20,000 | $25,000 |
| Insurance | $1,600 | $2,500 |
| Lease Liability Fee | $0 | $1,500 |
| Lease Review Fee | $850 | $4,500 |
| Additional Funds (6-12 months) | $15,000 | $50,000 |
| ESTIMATED TOTAL | $136,900 | $259,400 |
Other Fee/Cost
| Type of Fee | Amount |
| Continuing Franchise Fee | 6% of the franchisee’s Gross Sales. |
| Continuing Franchise Fee on Sales or other taxes due | As imposed by state or local government. |
| The North American Advertising Fund to Continuing Advertising Contribution | 5% of the franchisee’s Gross Sales. |
| Great Clips University | Combined fee of $200 per salon per year. |
| 1) The Great Clips Academy | |
| 2) LEADS for Management Staff | |
| 3) Great Clips University Courses, Tools, and Resources | |
| Renewal Fee | $1,750 per salon. |
| Assignment Fee | $1,500 per salon. |
| Local Co-op Dues | Average of $100 per month. |
| Recruiting Technology Fee | $240 per salon |
| Insurance Coverage | $1,600-$2,500 per year. |
| Software License Fee and Support Fee | $155 per month; $25 per telephone call. |
| Network and Hardware Service & Support Fee | $10 per month |
| Mobile Device Management Licensing Fee | $51 per year per iPad |
| Management iPad Management Fee | $25 per year |
| Salon Router License Fee | $50 |
| Salon Router Warranty Fee | $28 per year |
| TotalCare Replacement Service Fee | $73 for three years |
| Other Technology Fees | Fees associated with the reconfiguration of salon technology are payable to Foundation Technologies, LLC, known as The Foundation, when an existing salon is purchased to transfer ownership and technology support includes but is not limited to: $75 per Aerohive router $30 per salon iPad. These fees are subject to change. |
| Credit Card Processing Fee | $25 Application Processing Fee; $.0225 per transaction. |
| Gift Card Processing Fee | $0.095 per transaction. |
| Lease Liability Fee | $0-$1,500 |
| Lease Review Fee | $850-$3,350 |
| Out-of-Pocket Expenses Related to Lease or Sublease Assignment | As incurred. |
| Real Estate Commission | As incurred. |
| Sister Store Review Appeal Fee | $500-$1,000 |
| Late Charges | Accrued interest of 14% per annum or the highest interest allowed by law in the state where the salon is located. |
| Audit or Inspection Cost | Cost of audit. |
| Taxes, Business Debts or Liens | As applicable. |
| Salon Upgrades | $40,000-$70,000 . |
| Ongoing Maintenance Costs | Approximately $2,500-$5,000 |
| Architectural Fees | $300-$650 |
#3. Great Clips Franchise For Sale
If you are looking for Great Clips Franchise for sale you should have to follow the below process:
- First, you should need to ensure that you have a financial requirement for investment cost
- Then you should visit Great clips Website greatclipsfranchise.com for other information and investment becoming a franchise owner
- Look at the region guide of North America to discover where you might most want to start your Great Clips Franchise. The organization has showcased in different locales in the U.S. what’s more, Canada, however, will tell you of new markets when they become open.
- You can decide that you are a perfect proprietor and might want to start your investment in Great Clips, which empowers multi-unit possession and manager run salons. The organization searches for hands-on pioneers who can take and provide guidance with abilities in selecting and motivating a staff. Around eight to 10 representatives work a franchised unit and most of the franchises are proprietor/operators, as indicated by Entrepreneur.
- Complete the online application and also you can call on 800-947-1143 for further other information and question. In your application included personal, background, financial information. after submitting the application you can ask for location inquiry.
