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Updated RecentlyGreat Clips vs Chatters Salon and Beauty Supply Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Clips vs Chatters Salon and Beauty Supply including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $146,900 - $282,400 | $400,000 - $700,000 |
| Franchise Fee | $20,000 | $40,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 5% | 2% |
| Year Founded | 1982 | 1988 |
| Year Franchised | 1983 | 1991 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1.75K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| 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 |
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| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| 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
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#59 in Canada's Top franchises.
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#35 on Franchise Rankings.com
#15 in Franchise 500 for 2020.
#13 in Franchise 500 for 2021.
About Chatters Salon and Beauty Supply
We take pride in helping independent business owners build thriving salons and beauty stores that serve the needs of our customers.
Our vision is to deliver a promise of beauty through our retail products and a menu of quality salon services.
Our programs are comprehensive and far reaching. Franchisees benefit from a turn key operation and winning advantages:
Unprecedented retail sales
Excellent margins
Purchasing power
Alliance with industry leaders
Dynamic marketing
Unmatched variety
Advanced training
Recognizable brand
Ongoing support
By joining Chatters and becoming a Franchisee, you are joining an elite franchise group that has consistently been the industry leader in the hair care industry in Canada for over 20 years. Our experience and expertise in this unique and growing industry is what will take your franchise over the top and ensure longevity as the industry and market evolves and changes.
Our company will continue to strive to be the leader and innovator in our industry. This is accomplished through large amounts of investment in time and resources in constantly developing and improving our business and operations to ensure we are always a step ahead of the competition.
Join Chatters if you want to be a leader in the hair care industry today, and in the future.
#90 in Canada's Top franchises.