Franchises · 2026 FDD · Wisconsin DFI filing 640577
Great Clips franchise cost, unit revenue and closures
Opening a Great Clips cost $187,800 to $419,900 in the 2026 FDD; the median unit sold $390,685 in the franchisor's 2025-01-01 to 2025-12-31 figures; 7.0% of franchised units closed over three years.
Franchisor: Great Clips, Inc.. FDD issued 2026-03-30. Fiscal year end 2025-12-31. Figures re-found on the cited page 2026-11-03.
What a unit costs to open
What a unit pays the franchisor
| Initial franchise fee | $20,000 | Item 5, p. 9 |
|---|---|---|
| Royalty | Continuing Franchise Fee 6% of Gross Sales, biweekly | Item 6, p. 12 |
| Advertising fund | Continuing Advertising Contribution 5% of Gross Sales, biweekly, plus a stated 1-3% local spend | Item 6, p. 12 |
single salon; subsequent agreements pay $10,000 on signing and $10,000 at equipment order.
What a unit sells
Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.
| Measure | Total Sales (service plus product sales), annual | |
|---|---|---|
| Sample | 4,158 units: the 2025 Salons: franchised salons in the US and Canada open the entire 2025 period under one owner (salons not open all year or transferred during the year excluded) | |
| Period | 2025-01-01 to 2025-12-31 | |
| High / low | $1,082,803 / $28,036 | |
Revenue to investment
Formula: Item 19 median Total Sales / Item 7 total (midpoint, low, high). A ratio of 1.00 means one year of median unit revenue equals the investment; it says nothing about profit.
How many units open and close
| Franchised units | 2023 | 2024 | 2025 |
|---|---|---|---|
| Start of year | 4,427 | 4,427 | 4,439 |
| Opened | 98 | 115 | 110 |
| Terminated | 3 | 4 | 3 |
| Not renewed | 6 | 1 | 2 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased, other reasons | 89 | 98 | 103 |
| End of year | 4,427 | 4,439 | 4,441 |
| Company-owned, end of year | 0 | 0 | 0 |
Item 20, Table 1 p. 60; Table 3 totals p. 68.
Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.
Source and method
Every figure above comes from the Great Clips Franchise Disclosure Document issued 2026-03-30, as filed with the Wisconsin Department of Financial Institutions (filing 640577, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.
Item 19 and Item 20 cover the United States and Canada together (Table 2 lists Alberta); the figures are system-wide, not US-only.
Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.