Jon'Ric International vs Great Clips Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jon'Ric International vs Great Clips including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Jon'Ric International Franchise	Great Clips Franchise
Investment	$65,000 - $399,999	$146,900 - $282,400
Franchise Fee	$35,000	$20,000
Royalty Fee	2%	6%
Advertising Fee	-	5%
Year Founded	1983	1982
Year Franchised	2003	1983
Term Of Agreement	10 years	10 years
Term Of Agreement	10 years	10 years
Renewal Fee	-	$1.75K
Business Experience Requirements
	Jon'Ric International Franchise	Great Clips Franchise
Experience	General business experience	Marketing skills Strong management & leadership skills
Financing Options
	Jon'Ric International Franchise	Great Clips Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	No/Yes
Start-up Costs	No/No	No/Yes
Equipment	No/No	No/Yes
Inventory	No/No	No/Yes
Receivables	No/No	No/Yes
Payroll	No/No	No/Yes
Training & Support
	Jon'Ric International Franchise	Great Clips Franchise
Training	-	-
Support	Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures	Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing	National & Regional advertising	Co-op advertising
Operations	33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)	Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)
Expansion Plans
	Jon'Ric International Franchise	Great Clips Franchise
US Expansion	Yes	Yes
Canada Expansion	No	No
International Expansion	Yes	Yes

Company Overviews

About Jon'Ric International

Jon'Ric International is the pioneer of the "Upscale Custom Franchise Specialty Spa". We hold a strong position in the Beauty and Wellness Industry with a high quality of services and products. Jon'Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon'Ric name. Advantages and benefits... We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of Jon'Ric International.

About Great Clips

Established in 1982, Great Clips started franchising in 1983 and now has locations throughout the United States and Canada. Usually located in strip malls,

Great Clips hair salons are open evenings and weekends and do not require appointments. On average, franchisees operate three units. Great Clips sponsors NASCAR Busch Series driver Kasey Kahne. The company has also partnered with General Mills, Sprint, Best Buy, Blockbuster, Coca-Cola, Hasbro and DreamWorks.

The total investment necessary to begin operation of a Great Clips franchise is from $146,900 to $282,400. This includes $25,250 to $30,000 that must be paid to Great Clips or an affiliate for a single franchise agreement, and $40,250 to $45,000 that must be paid to Great Clips or an affiliate for the first salon you develop under a Three Star Program Agreement.

If you sign a Master Development Agreement, you also must pay to Great Clips or an affiliate a Development Fee of $4,000 for each salon you agree to develop, which would amount to $8,000 to $40,000 if you were granted the right to develop between two and 10 salons.