Great Clips
Great Clips
7700 France Ave. South, # 425
Minneapolis, MN 55435
800#: (800) 947-1143
Tel: (952) 893-9088
Fax: (952) 844-3443
E-Mail: [email protected]
Web Site: www.greatclipsfranchise.com
Contact: Mr. Alan Majerko, Franchise Development Mgr.
High-volume haircutting salon, specializing in haircuts for the entire family. Unique, attractive decor, with quality, comprehensive advertising programs. Strong, local support to franchisees, excellent training programs. We offer real value to our customers. Tremendous growth opportunities.
Franchisor Background
Established: 1982
First Franchise: 1983
Franchise Units: 1657
Company-Owned Units: 7
Total Units:1664
Distribution:
U.S. -- 1701;
Canada -- 59;
International -- 35
> North America -- Operations in 35 States, 2 Provinces
> States/Provinces with Greatest Density: 130 in MN, 131 in CA, 118 OH
Projected New Units Over Next 12 months:200
Franchisee Qualifications:5, 4, 1, 3, 3, 5
(for an explanation
click here)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,NY,ND,OR,SD,VA,WA,WI,DC,AB
Average Number of Employees: 3 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs:1,000-1,200 SF; SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $70-100K
Total Investment: $88.5-173.8K
Average Total Investment: $131K
Minimum Net Worth: $250K
Fees
>Franchise: $17.5K;
>Average Franchise Fee: $17K
>Royalty: 6%
>Advertising: 5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5/5
Passive Ownership: Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 180
On-Going Support: A,B,C,D,E,f,G,H,I (for an explanation click here)
Training: 5 Days Minneapolis, MN; 2.5 Weeks Local Market.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: Western Canada
Overseas: No
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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