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Great Clips for Hair

Great Clips, headquartered in Minneapolis, MN is the largest single salon brand in the $50 billion-a-year haircare industry and is one of the fastest growing franchise companies in the United States. Established in 1982, Great Clips has perfected a system for delivering high quality haircuts and perms to the entire family in a convenient no-appointment environment. Today, with over 2300 salons and new salons opening almost every business day, Great Clips is well positioned to reach their goal of becoming clearly the #1 haircare brand.

Competitive Advantages of owning a Great Clips Franchise:

· Manager-run salons

· Ability to open multiple units

· Strong brand recognition

· Keep the security of your current position

· Initial and ongoing local training and support

· Low start-up requirements

Hair Care Industry Facts:

· $50 billion industry

· Recession-resistant business with built-in demand

· Undercompetitive environment

· Consolidating industry

· Cash business with no receivables and little inventory

· Technology resistant

· Cyclically stable business

The Ideal Great Clips Franchise Candidate:

· No haircare experience

· Net worth minimum $250,000 ($150,000 liquid, $75,000 cash)

· Strong leadership and people skills

· Business and management experience

· A desire to succees

· Interest in growing a multi-unit business

· Wants to keep security of current position

· Long term focused

"I developed a list of eight criteria that a business must meet before I would invest in any business opportunity. Great Clips is the only opportunity I found that satisfied all eight. The financial returns have exceeded my expectations. Great Clips has the most knowledgeable and committed senior management team in the industry"
-Ron B

Only the companies who are well-managed and positioned for growth will continue to capture marketshare and dominate their markets.

That is Great Clips!

SUPPORT & TRAINING PROVIDED

Great Clips for Hair

· Financial Assistance Provided: Yes

· Site Selection Assistance: Yes

· Lease Negotiation Assistance: Yes

· Co-Operative Advertising: Yes

· Training: 5 days in Minneapolis, MN; 2 weeks in local market.

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