Great Clips vs Bishops Barbershop Franchise Comparison

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

Start-Up Costs and Fees
 
Great Clips Franchise
Bishops Barbershop Franchise
Investment $146,900 - $282,400$213,000 - $294,000
Franchise Fee $20,000N/A
Royalty Fee 6%-
Advertising Fee 5%-
Year Founded 19820
Year Franchised 19832008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1.75K-


Business Experience Requirements
 
Great Clips Franchise
Bishops Barbershop Franchise
Experience
  • Marketing skills
  • Strong management & leadership skills
    		• -

    Financing Options
     
    Great Clips Franchise
    Bishops Barbershop 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
    Bishops Barbershop 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
    Bishops Barbershop 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 Bishops Barbershop

    Our team has many years of barbershop, retail and franchising experience. We have a hands-on approach that is delivered in our training and field support to franchisees. We work with you at each step you take in developing your Bishops Barbershop business. An end-to-end solution is provided, including Bishops' point of sale system and integrated information system. Administrative support is provided in person and on-line. We train you in how to create the Bishops mystique in your market so that you are building your own business while building our mutual brand. Your protected territory based on population and site location qualification is provided by the corporate team. A Bishops is economical in its cost of development and build-out using local off the shelf materials and supplies. We know that once customers try us, they will become regulars, because Bishops is more than a place to get a haircut; it's a lifestyle. We are a 21st century version of the old barbershops you see in the movies. People come in to hang out, talk, have a good time and get high-end salon quality services without the pretentiousness or expensive prices.