Great Clips vs 18/8 Fine Men's Salons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Clips vs 18/8 Fine Men's Salons including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Great Clips Franchise
18/8 Fine Men's Salons Franchise
Investment $146,900 - $282,400$50,000 - $232,089
Franchise Fee $20,000N/A
Royalty Fee 6%-
Advertising Fee 5%-
Year Founded 1982-
Year Franchised 1983-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.75K-


Business Experience Requirements
 
Great Clips Franchise
18/8 Fine Men's Salons Franchise
Experience
  • Marketing skills
  • Strong management & leadership skills
    		• Business experience with an affinity to hospitality and managing small teams are the essential skills we look for.

    Financing Options
     
    Great Clips Franchise
    18/8 Fine Men's Salons 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
    18/8 Fine Men's Salons Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertisingMarketing is our strength � our CEO has a thirty year background in marketing. We have great programs and materials already designed that will help get you customers and build a buzz around the brand.
    Operations

    Number of employees needed to run franchised unit: 8 - 10

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		We help you find and train a quality behind-the-chair manager. With this key person in place, then the rest of the team can be hired and managed. Many franchisees also bring in family members to work for the franchise and help manage operations.

    Expansion Plans
     
    Great Clips Franchise
    18/8 Fine Men's Salons Franchise
    US Expansion Yes-
    Canada Expansion No-
    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 18/8 Fine Men's Salons

    An exceptional premium opportunity! A franchise opportunity to be part of the first national chain of
    18|8 Fine Men's Salons. There's a giant void that's waiting to be filled - the perfect salon for successful men! A salon that brings out the best in men. Almost a decade in existence, hundreds of thousands of haircuts with an average ticket of $44 - more than twice that of a fast cut shop. Great locations, a better class of stylists. Lots of happy, successful guys. We're doing something right, indeed.
    * A truly differentiated business from all the women's salons, and the low cost haircut places
    * The salon industry generates over $50 billion in revenue and keeps growing
    * On every corner, at every mall, you can find women's salons and low cost haircut places. Women's salons may offer quality stylist for women - along with the fishbowl design, the smell of perm, and the chatter of gossip. Low cost haircut places are for men on a tight budget, where saving a few dollars is necessary.
    * 18|8 Fine Men's Salons are designed for discerning, successful men who want to look their best, feel their best, so they perform their best. They want exceptionally skilled stylists at locations near where they live or work. And they want privacy as well as a spectrum of true solutions for all their haircare and grooming needs.
    * 18|8 Fine Men's Salons is the hottest salon franchise concept now available
    * Successful men tend to be very loyal and very good tippers
    * Because we are in the best locations, and we attract successful men, we attract the best quality, most experienced stylists
    * No industry experience required
    * Surprisingly low start up costs - reasonable overhead
    * Additional profit centers - memberships, products, consulting and referral