The Lemon Tree vs Great Clips Franchise Comparison

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

Start-Up Costs and Fees

 
The Lemon Tree Franchise
Great Clips Franchise
Investment $161,206 - $232,572$146,900 - $282,400
Franchise Fee $32,500$20,000
Royalty Fee 6%6%
Advertising Fee -5%
Year Founded 19741982
Year Franchised 19761983
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee -$1.75K


Business Experience Requirements

 
The Lemon Tree Franchise
Great Clips Franchise
Experience -
  • Marketing skills
  • Strong management & leadership skills

  • Financing Options

     
    The Lemon Tree Franchise
    Great Clips Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment Yes/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    The Lemon Tree Franchise
    Great Clips Franchise
    Training Additional training available as needed-
    Support Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesMeetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5 - 10

    Absentee ownership of franchise is NOT allowed. (60% 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

     
    The Lemon Tree Franchise
    Great Clips Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About The Lemon Tree

    Lemon Tree Hair Salons is proud to be a national brand of locally owned and operated hair salons. We are a large family of professional hair salons, all locally owned and operated in many areas of the country. We at Lemon Tree Hair Salons are proud of our brand's rich history of providing high quality salon services at value pricing for the past 45 years! We value our amazing talent and are always excited to offer our full range of value priced, professional salon services, including Haircuts. So please, next time you find yourself searching online for "Haircuts near me", feel free to visit your local salon and discover for yourself the Lemon Tree difference!
    The Lemon Tree was founded in 1974 to provide family haircuts. When Joan M. Cable purchased her first salon in Bethpage, New York, this mother of three kept the salon open from 8 a.m. to 10 p.m. seven days a week.

    Today, nearly 100 franchises offer services ranging from haircuts and styling to beard and mustache trim, updos, body waves, highlighting, coloring and permanents.

    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.
    Veteran Incentives
    $5,000 rebate on first-store franchise fee

    "Top  ""       "Entrepreneur

    #59 in Canada's Top franchises.

    "franchiserankingscom"
    #35 on Franchise Rankings.com
    #15 in Franchise 500 for 2020.
    #13 in Franchise 500 for 2021.