| ||||
Updated RecentlyGreat Clips vs Diesel Barbershop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Clips vs Diesel Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $146,900 - $282,400 | $253,000 - $366,000 |
| Franchise Fee | $20,000 | $50,000 |
| Royalty Fee | 6% | 7.5% |
| Advertising Fee | 5% | 1% |
| Year Founded | 1982 | 2017 |
| Year Franchised | 1983 | 2017 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1.75K | - |
Business Experience Requirements |
||
| Experience | - | |
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 | - | New Franchisee classroom training On-site training - Diesel Opening Team comes to franchisee's location Online training solutions Annual convention training programs |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Ongoing support from Diesel corporate Corporate support team shop visits & reviews |
| 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 | 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
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
![""]("https://static.franchisedirect.ie/dims4/default/9cfe0cd/2147483647/crop/454x434%2B0%2B0/resize/200x191/quality/95/?url=http%3A%2F%2Fd1imm0s6tc8o7m.cloudfront.net%2F1f%2F1f%2F47018bb74550b92351e946038cf1%2Ftop100-big-2020.png")
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#59 in Canada's Top franchises.
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
#35 on Franchise Rankings.com
#15 in Franchise 500 for 2020.
#13 in Franchise 500 for 2021.
About Diesel Barbershop
Diesel Barbershop, a manly, cool, inviting and very comfortable barbershop for customers to get haircuts, shaves, beard trims, grey hair coloring and shoulder massages is seeking candidates to expand with them across the U.S. Learn more about opening this unique, modern-day version of the vintage barbershop which serves patrons a complimentary drink as they relax.
The estimated initial investment associated with opening and
commencing operation of an area representative business within a given
Development Area pursuant to the franchisor’s form of area
representative agreement ranges from $386,250 TO $697,800, including: an
area representative fee that ranges between $125,000 to $322,800 that
must be paid to franchisor prior to commencing operations of the Area
Representative Business; and the estimated initial investment of
$253,000 to $366,000 that you will incur with the opening and operation
of the initial Shop you open within the Development Area to serve as
your “Training Location,” including a $25,000 franchise fee payable to
us in connection with that first Shop.