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84. Great Clips

Last Year's Rank: 86

Investment Range: $150k to $250k

Category: Personal Services

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Company Description

Great Clips has more than 3,900 franchised locations throughout the United States and Canada. The company is headquartered in Bloomington, Minnesota.

According to the company’s website, Great Clips has nearly a 50 percent share of all franchised hair salon units. Prior hair-care experience is not required for franchisees, who operate 5-6 units after five years on average.

In 2014 Great Clips announced Clip Notes, a system that tracks customer data including information like frequency of visits, preferred salons, and haircut preference. 

Company Statistics

Global Sales: $1,114,736,376

US Units: 3,565

International Units: 125

Total Units: 3,690

Percent Franchised: 100%

% International Units: 3%

US Franchised Units: 3,565

International Franchised Units: 125