Great Clips vs The Lash Lounge Franchise Comparison

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

Start-Up Costs and Fees

 
Great Clips Franchise
The Lash Lounge Franchise
Investment $146,900 - $282,400 $178,471 - $495,152
Franchise Fee $20,000 $33,167 - $49,500
Royalty Fee 6% 6%
Advertising Fee 5% 2%
Year Founded 1982 2006
Year Franchised 1983 2010
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $1.75K -


Business Experience Requirements

 
Great Clips Franchise
The Lash Lounge Franchise
Experience
  • Marketing skills
  • Strong management & leadership skills
  • -

    Financing Options

     
    Great Clips Franchise
    The Lash Lounge Franchise
      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

     
    Great Clips Franchise
    The Lash Lounge Franchise
    Training -

    Our training program consists of two weeks training with the corporate support team prior to opening for business and additional training and support following. We provide a comprehensive training program using combined methods of learning for all levels of employment within The Lash Lounge salon.

    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

     
    Great Clips Franchise
    The Lash Lounge Franchise
    US Expansion Yes Yes
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    Great Clips Franchise
    $146,900 - $282,400
    The Lash Lounge Franchise
    $178,471 - $495,152
    Franchise Fee
    Great Clips Franchise
    $20,000
    The Lash Lounge Franchise
    $33,167 - $49,500
    Royalty Fee
    Great Clips Franchise
    6%
    The Lash Lounge Franchise
    6%
    Advertising Fee
    Great Clips Franchise
    5%
    The Lash Lounge Franchise
    2%
    Year Founded
    Great Clips Franchise
    1982
    The Lash Lounge Franchise
    2006
    Year Franchised
    Great Clips Franchise
    1983
    The Lash Lounge Franchise
    2010
    Term Of Agreement
    Great Clips Franchise
    10 years
    The Lash Lounge Franchise
    -
    Renewal Fee
    Great Clips Franchise
    $1.75K
    The Lash Lounge Franchise
    -


    Business Experience Requirements

    Experience
    Great Clips Franchise

  • Marketing skills
  • Strong management & leadership skills
  • The Lash Lounge Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Great Clips Franchise
    No/Yes
    The Lash Lounge Franchise
    -/-
    Start-up Costs
    Great Clips Franchise
    No/Yes
    The Lash Lounge Franchise
    -/-
    Equipment
    Great Clips Franchise
    No/Yes
    The Lash Lounge Franchise
    -/-
    Inventory
    Great Clips Franchise
    No/Yes
    The Lash Lounge Franchise
    -/-
    Receivables
    Great Clips Franchise
    No/Yes
    The Lash Lounge Franchise
    -/-
    Payroll
    Great Clips Franchise
    No/Yes
    The Lash Lounge Franchise
    -/-

    Training & Support

    Training
    Great Clips Franchise
    -
    The Lash Lounge Franchise

    Our training program consists of two weeks training with the corporate support team prior to opening for business and additional training and support following. We provide a comprehensive training program using combined methods of learning for all levels of employment within The Lash Lounge salon.

    Support
    Great Clips Franchise
    Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    The Lash Lounge Franchise
    -
    Marketing
    Great Clips Franchise
    Co-op advertising
    The Lash Lounge Franchise
    -
    Operations
    Great Clips Franchise

    Number of employees needed to run franchised unit: 8 - 10

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    The Lash Lounge Franchise
    -

    Expansion Plans

    US Expansion
    Great Clips Franchise
    Yes
    The Lash Lounge Franchise
    Yes
    Canada Expansion
    Great Clips Franchise
    No
    The Lash Lounge Franchise
    -
    International Expansion
    Great Clips Franchise
    Yes
    The Lash Lounge Franchise
    -

    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

    "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.






    About The Lash Lounge

    The Lash Lounge franchise provides women and men from all career and personal backgrounds with the opportunity to own your own business and get in on the ground floor of one of the fastest growing industries. The express, personal care services industry is growing quickly. The U.S. beauty industry is estimated to reach $63 billion by 2016, growing at a rate faster than the economy average. Lash Lounge owners enjoy the comforts of working in a relaxing, yet up-beat working environment, providing a service that helps people feel better about themselves and earn a desirable income - all while working a schedule that compliments their lifestyle.
    Our franchise discovery process allows people like you to take a peek inside our business model, support infrastructure, comprehensive training, marketing platforms and company culture before joining the team! Eyelash extensions are the newest revolution in the industry. The application of individual synthetic eyelash extensions by highly trained professionals gives the appearance of naturally longer, more lush eyelashes. Unlike drug store eyelash strips or clusters, eyelash extensions are adhered to the natural lash one-by-one and will last forever with regular maintenance. The service is growing in popularity with women everywhere because of the low-maintenance beauty routine and effortless glamour it offers.
    The Lash Lounge provides a high-end customer experience using top of the line products, cutting edge techniques and excellent customer service. What makes The Lash Lounge franchise different? There is no direct franchise competition. We are the #1 eyelash extension franchise in the country! Our award winning store design optimizes revenue potential while providing guests with a one-of-a-kind customer experience. We provide all owners with comprehensive pre-opening training and a customized on-going support program to meet your needs. All owners receive marketing and employee management training to replicate The Lash Lounge culture in their own salon. Our service techniques, medical grade products, cutting edge tools and top-notch customer service outperforms the competition. Our repeat clientele trust The Lash Lounge brand and given us the reputation as "the best in the business". No beauty industry experience is required. Just a desire to achieve your goals!

    The total investment necessary to begin operation of a The Lash Lounge® Salon ranges from $178,471 to $495,152. This includes the $70,863 to $81,588 that must be paid to the franchisor or affiliate.
    If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $49,500 initial franchise fee you will pay to us either $99,500 for the development of three Salons or $149,500 for the development of five Salons under the terms of their development agreement.


    "Entrepreneur
    #312 in Franchise 500 for 2020.
    #105 in Franchise 500 for 2021.