Great Clips

The estimated initial investment for a Great Clips salon is $187,800 to $419,900, including construction, leasehold improvements, equipment, opening advertising, insurance and working capital. The initial franchise fee is generally $20,000, although certain development programs can have different fees.

Great Clips requires at least $500,000 in net worth and $100,000 in liquid assets for its standard markets. In higher-cost markets, the requirements can increase to $1 million in net worth and $250,000 in liquid assets. Applicants also need a credit score of at least 675, a clean background and must live in an available market.

Franchisees pay a 6% royalty on gross sales and a 5% contribution to the advertising fund. Additional costs associated with operating the salon, such as rent, staffing, insurance and supplies, are paid by the franchisee.

According to the 2026 FDD, the average annual sales were $410,783 among 4,158 salons that operated throughout 2025. The median was $390,685. Great Clips also reported average operating cash flow of $83,504 for a smaller group of reporting salons. Actual results vary by location, sales volume and operating costs.

Yes. Great Clips actively supports multi-unit ownership and identifies several U.S. markets as high-priority opportunities for franchisees looking to develop multiple salons. The company currently has more than 700 franchisees operating 4,400+ salons across the U.S. and Canada.