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82. Great Clips

Last Year's Rank: 83

Investment Range: $136,900 - $258,250

Initial Franchise Fee: $20,000

Category: Personal Services

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Company Description

Great Clips is a hair salon franchise headquartered in Bloomington, Minnesota, that has units located throughout the United States and Canada.

David Rubenzer and Steve Lemmon founded Great Clips as a walk-in salon that accommodates customers’ busy schedules and provides a wide range of services. The first location was opened in 1982 on the University of Minnesota Twin Cities campus.

Great Clips also offers customer convenience through technologies like Clip Notes, a system that tracks customer data such as haircut preference, and online check-in. 

Company Statistics

Global Sales: $1,471,000,000

US Units: 4,216

International Units: 155

Total Units: 4,371

Percent Franchised: 100%

% International Units: 4%

US Franchised Units: 4,216

International Franchised Units: 155

Sales Growth %: 5.4%

Unit Growth %: 2.6%

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