Bernard's Salon & Day Spa vs Great Clips Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Bernard's Salon & Day Spa vs Great Clips including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Bernard's Salon & Day Spa Franchise	Great Clips Franchise
Investment	$520,000 - $638,500	$146,900 - $282,400
Franchise Fee	$35,000	$20,000
Royalty Fee	3%	6%
Advertising Fee	-	5%
Year Founded	1992	1982
Year Franchised	2001	1983
Term Of Agreement	-	10 years
Term Of Agreement	-	10 years
Renewal Fee	-	$1.75K
Business Experience Requirements
	Bernard's Salon & Day Spa Franchise	Great Clips Franchise
Experience	-	Marketing skills Strong management & leadership skills
Financing Options
	Bernard's Salon & Day Spa Franchise	Great Clips Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	No/Yes
Start-up Costs	No/No	No/Yes
Equipment	No/No	No/Yes
Inventory	No/No	No/Yes
Receivables	No/No	No/Yes
Payroll	No/No	No/Yes
Training & Support
	Bernard's Salon & Day Spa Franchise	Great Clips 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
	Bernard's Salon & Day Spa Franchise	Great Clips Franchise
US Expansion	-	Yes
Canada Expansion	No	No
International Expansion	No	Yes

Company Overviews

About Bernard's Salon & Day Spa

We're award-winners...Chosen Salon of the Year in 1996 by Salon Today...featured in Harper's Bazaar...professionals committed to be the best, to always make you look and feel your best. We're a full-service salon...The place to relax and be pampered...featuring the latest in cuts and colors, perms, skin and body spa services...manicures and pedicures... massage...make-up...MediSpa services. We're open every day...Enter a new world of beauty with such convenience...any day, even Sunday. The Salon & Spa is now open until midnight on Tuesday, Wednesday and Thursday. You'll love the high-fashion atmosphere of our award-winning decor -- so call now for an enjoyable appointment

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.