Hair Saloon For Men vs Great Clips Franchise Comparison

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

Start-Up Costs and Fees

 
Hair Saloon For Men Franchise
Great Clips Franchise
Investment $218,600 - $299,900$146,900 - $282,400
Franchise Fee $30,000$20,000
Royalty Fee 6%6%
Advertising Fee -5%
Year Founded 19971982
Year Franchised 20021983
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 25% of initial franchise fee$1.75K


Business Experience Requirements

 
Hair Saloon For Men Franchise
Great Clips Franchise
Experience
  • General business experience
  • Marketing skills

  • Marketing skills
  • Strong management & leadership skills

  • Financing Options

     
    Hair Saloon For Men Franchise
    Great Clips Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Hair Saloon For Men Franchise
    Great Clips Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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, Regional advertisingCo-op advertising
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is NOT allowed. (100% 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

     
    Hair Saloon For Men Franchise
    Great Clips Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Hair Saloon For Men

    Hair Saloon is the reinvention of the neighborhood barbershop providing a premium brand of hair cutting services that appeals to men of all ages.

    Launched in St. Louis, Missouri in 1997, Hair Saloon provides Men and Jr. Men the comfort and convenience that is unmatched in the industry. Appointments and walk-ins are greeted by a friendly, full-time Saloon Supervisor. Each customer is treated to outstanding customer service that includes a complimentary beverage, relaxing shampoo, complimentary shoeshine, and hot towel and mint for the perfect finish. Our commitment to outstanding customer service, combined with the relaxing atmosphere found at every Hair Saloon creates a premium haircut experience that has proven to be a successful business model.

    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.