Great Clips vs Men's Hair House Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Clips vs Men's Hair House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$146,900 - $282,400 | $159,310 - $351,770 |
Franchise Fee |
$20,000 | $35,000 |
Royalty Fee |
6% | 4%-4.5% |
Advertising Fee |
5% | 2% |
Year Founded |
1982 | 2013 |
Year Franchised |
1983 | 2015 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$1.75K | - |
Business Experience Requirements |
Experience |
Marketing skills Strong management & leadership skills | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
US Expansion |
Yes | 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
#59 in Canada's Top franchises.
#35 on Franchise Rankings.com
#15 in Franchise 500 for 2020.
#13 in Franchise 500 for 2021.
About Men's Hair House
There is nothing quite like the Men’s Hair House vibe, and we’ll show
you how you can replicate it in your own location(s) - so that customers
are sure to feel it, as soon as they walk through your front doors.
Leather armchairs will greet your customers in the lounge area featuring
big-screen TVs, complimentary peanuts, refreshing beverages, and men’s
magazines.
As a men’s salon franchise owner, you can do it all: be your own boss,
cultivate your team’s and your business’ growth, and meet the growing
demand for men’s salon services! And whether you have experience in the
salon industry or not, or even if you currently own a salon or
barbershop and are looking to take it to the next level, Men’s Hair
House provides you with the business model, tools, and support you need
to run an efficient and effective men’s salon franchise operation. Find
out more about how you provide best-in-class men’s salon services - as
you operate your own Men’s Hair House franchise.
The total investment necessary to begin operation of a Men’s Hair House
start-up franchise is $186,170 to $351,770. This includes $28,000 that
must be paid to the franchisor and/or its affiliate, as appropriate. The
total investment necessary to begin operation of a Men’s Hair House
conversion franchise is $159,310 to $311,170. This includes $22,400 that
must be paid to the franchisor and/or its affiliate, as appropriate.