How many great clips are there?
Great Clips, Inc. was established in 1982 in Minneapolis. Today, Great Clips® has more than 4,300 salons throughout the United States and Canada, making it the world’s largest salon brand. Great Clips is 100 percent franchised, and salons are owned locally by more than 1,200 franchisees across North America. Great Clips franchisees employ nearly 40,000 stylists who receive ongoing training to learn the Great Clips customer care system and advanced technical skills. As a walk-in salon, Great Clips provides value-priced, high-quality haircare for men, women and children. Getting a great haircut at Great Clips is more convenient than ever with Online Check-In and Clip Notes ®. To check-in online, visit GreatClips.com or download the free app for Android and iPhone. For more information about Great Clips, Inc. or to find a location near you, visit GreatClips.com.
What is the franchise 500?
Entrepreneur magazine’s Franchise 500® is recognized as the world’s first, best and most comprehensive franchise list. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever.
What are the factors that determine the franchise score?
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Is Great Clips a franchise?
MINNEAPOLIS (January 15, 2019): Today, Great Clips, Inc., the world’s largest salon brand, was ranked in the top 10 of Entrepreneur magazine’s Franchise 500® list for the second consecutive year. This year’s number eight ranking well positions Great Clips on the annual list and is driven by company’s outstanding performance in areas including unit growth, financial strength and stability, and brand power.
What is a great clip?
A franchised Great Clips salon offers a required line of hair care services and products from a designated location, customarily in a shopping center, identified by trademarks licensed by the franchisor and using distinctive trade dress and business methods prescribed by the franchisor.
What is a protected area in a salon?
If the salon is in a densely populated area, the protected area is a radius of one-tenth of a mile, as determined by the franchisor in advance of the salon opening. If the location of the salon is determined by the franchisor to be a non-traditional location, the protected area will be determined by Great Clips at the time of the designation.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years from date of opening of the salon or, if the franchisee buys an existing salon, the term will be the balance of the term of the existing salon. The Franchise Agreement provides for consecutive additional renewal terms of 10 years each, if requirements are met.
Do Great Clips franchisees have to re-attend training?
Franchisees may be required to re-attend all or portions of a Great Clips training program, at Great Clips’ determination, as a condition for the renewal of the Franchise Agreement. There are four components of training: (1) The QuickConnect Training Program for Franchisees, (2) The Great Clips Academy Training (3) LEADS for Management Staff, ...
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