Great Clips vs Beauty Supply Outlet Franchise Comparison

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

Start-Up Costs and Fees
 
Great Clips Franchise
Beauty Supply Outlet Franchise
Investment $146,900 - $282,400$229,000 - $290,500
Franchise Fee $20,000$25,000
Royalty Fee 6%4-6%
Advertising Fee 5%2%
Year Founded 19821993
Year Franchised 19831993
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.75K-


Business Experience Requirements
 
Great Clips Franchise
Beauty Supply Outlet Franchise
Experience
  • Marketing skills
  • Strong management & leadership skills
    		• -

    Financing Options
     
    Great Clips Franchise
    Beauty Supply Outlet Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Great Clips Franchise
    Beauty Supply Outlet Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising-
    Operations

    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
     
    Great Clips Franchise
    Beauty Supply Outlet Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    International Expansion Yes-

    Company Overviews

    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.






    About Beauty Supply Outlet

    WHEN THE NEXT STEP IN YOUR CAREER LEADS YOU TO THINK OF BUSINESS OWNERSHIP... Consider Regis Corporation's, Beauty Supply Outlet, a Fortune 1000 company and the global leader in hair services and products. We franchise hair salons and hair care brands in an industry with the distinction of providing consumer services fundamental in any community and any economic climate. Leverage the knowledge we've gained with over 88 years in the salon business. Regis Corporation currently operates 12,800 hair salons and related haircare businesses which serve over 160 million customers each year. We invite you to learn as much as you can about our franchise opportunities, and feel free to contact us if you want to discuss any aspects of Regis, such as Beauty Supply Outlet