Great Clips vs City Looks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Clips vs City Looks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$146,900 - $282,400 | $94,500 - $275,000 |
Franchise Fee |
$20,000 | N/A |
Royalty Fee |
6% | - |
Advertising Fee |
5% | - |
Year Founded |
1982 | 1963 |
Year Franchised |
1983 | 1968 |
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 | - |
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 City Looks
Big-City Excitement
City Looks caters to women looking for an exceptional hair-care experience and a full array of salon services. Located primarily in shopping malls and strip centers, the City Looks client wants convenience and high quality hair-care services in a comfortable environment.
City Looks at a Glance
* Year of inception: 1968. Changed name to City Looks in 1987.
* Number of City Looks salon locations: 32 franchise and corporate owned locations
* Geographic coverage: United States, Canada
* Franchisee business profile: Single or multi-unit operator looking to own one or more units
* Previous experience: No salon background necessary
* Financial requirements: $150,000 liquid assets and $400,000 net worth