Hair Saloon For Men vs Great Clips Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hair Saloon For Men vs Great Clips including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Hair Saloon For Men Franchise	Great Clips Franchise
Investment	$218,600 - $299,900	$146,900 - $282,400
Franchise Fee	$30,000	$20,000
Royalty Fee	6%	6%
Advertising Fee	-	5%
Year Founded	1997	1982
Year Franchised	2002	1983
Term Of Agreement	10 years	10 years
Term Of Agreement	10 years	10 years
Renewal Fee	25% of initial franchise fee	$1.75K
Business Experience Requirements
	Hair Saloon For Men Franchise	Great Clips Franchise
Experience	General business experience Marketing skills	Marketing skills Strong management & leadership skills
Financing Options
	Hair Saloon For Men 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
	Hair Saloon For Men Franchise	Great Clips Franchise
Training	-	-
Support	Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives	Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing	Co-op advertising, Ad slicks, Regional advertising	Co-op advertising
Operations	Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is NOT allowed. (100% 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
	Hair Saloon For Men Franchise	Great Clips Franchise
US Expansion	-	Yes
Canada Expansion	No	No
International Expansion	Yes	Yes

Company Overviews

About Hair Saloon For Men

Hair Saloon is the reinvention of the neighborhood barbershop providing a premium brand of hair cutting services that appeals to men of all ages.

Launched in St. Louis, Missouri in 1997, Hair Saloon provides Men and Jr. Men the comfort and convenience that is unmatched in the industry. Appointments and walk-ins are greeted by a friendly, full-time Saloon Supervisor. Each customer is treated to outstanding customer service that includes a complimentary beverage, relaxing shampoo, complimentary shoeshine, and hot towel and mint for the perfect finish. Our commitment to outstanding customer service, combined with the relaxing atmosphere found at every Hair Saloon creates a premium haircut experience that has proven to be a successful business model.

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.