The Franchise Of The Month; September 2009

As franchise opportunities go, this one is not on everybody's radar. I wonder why?

Just in time to attract the back to school crowd, this franchise has always been a cut above……

Great Clips Franchises

{Full Disclosure; My company works with Great Clips to help them find new franchise owners}

Great Clips provides today's busy customers with incredible convenience, affordability, and consistency, in every salon. Three great things, for sure. But there's more.

Let's cut to the chase here. Why Great Clips?

  • Recession-resistant
  • A proven, manager-run business
  • Keep your day job while building salons
  • Relatively low investment
  • Average franchisee owns 5-6 salons after 5 years of operation
  • 27-year track record of growth and franchisee support

Pretty impressive, huh? My franchise consulting firm, {Including my late father, Jerry Libava} helped find enough franchise owners to close the Northeast Ohio market up to new franchise owners. In other words, it's sold out.

Did I mention that Great Clips just launched a * dynamic new franchise website?

Now, none of the folks that we helped put into business ever imagined themselves as hair salon owners. And that's a good thing, because the ideal franchise owner for a multi-unit Great Clips franchise is not someone with actual hair care experience. It's someone with operations and management experience, who wants to grow a nice business. {The salon manager is the hair care professional.}

Great Clips is also, shall we say choosy, about who they award their franchises to;

The company could easily open 200 to 250 salons a year, but instead it aims to inch up to 140 to 180 a year by 2010. Demand is high for people who want to become franchise owners, In a recent week company President Rhoda Olsen said they had turned down 10 applications.

Now, I don't want to think that the Great Clips sales team is snooty when it comes to working with prospective franchise owners who qualify for the opportunity. I know the team quite well. They really enjoy what they do, and it comes across that way.

So, just how big is Great Clips? They are 2,700 salons big.

For Great Clips franchisees, it's not just about the money, though.

Did you ever hear of Locks of Love? Great Clips participates in this wonderful cause that helps disadvantaged kids get some self-confidence back after experiencing hair loss because of various diseases. Look

Great Clips excels as a franchise organization. They do a lot of things right. For instance, did you know that they will not open a new market up until they feel they can do it right? Part of "doing it right" is making sure that they open a training center in the new territory. This is where the stylists get trained, and also where prospective franchise owners visit. Great Clips just opened their 65th North American training center.

The September 2009 Franchise Of The Month is the real deal, folks.

Maybe there's room in your area for a few salons.

Contact Them!{No obligation}

About The Franchise King®

My name is Joel Libava, and I'm the author of Become a Franchise Owner! In addition, I'm a franchise ownership advisor. I teach people how to properly choose, research, and buy franchises.