08 Sep, 2017

Great Clips Franchise

If you are looking for an opportunity to invest in one of the most dynamic industries in the world, look no further. Great Clips franchise has the opportunity just for you. The company opened business in 1982 and started franchising the following year. Testament to the success of its business model, the company today has managed to open numerous units throughout Canada as well as the United States.

The Great Clips Franchise opportunity would therefore allow you to share in not only their business strategies but also their success in making your dream for financial independence come true. The company’s hair and beauty salons are in most cases situated in strip malls and open in evenings as well as weekends. In addition, the customers would not need to have appointments. Underlining the high potential in the opportunity is the fact that you are allowed to operate more than one franchise and therefore you would have all the tools for success.

Why Great Clips Franchise?

There are various benefits that you would reap from investing in the Great Clips Franchise. To start with, you will appreciate that the industry is relatively resistant. In this case, you will more or less have a safeguarded financial muscle. People are always concerned about their beauty and hair in particular and therefore you will always be assured of a constant stream of customers.

In addition, although it is recommended that the owner run the business, you still would be in a position to keep your job while you invest in the salons. In any case, you can always have multiple units as time goes by therefore safeguarding your financial stability.

Moreover, despite the fact that you will be getting into a multi-billion dollar industry, the amount of franchise fees required would be quite low. You actually would need a total investment ranging from v$108,250 to $203,000 only. Franchise fees ranges from $20,000 to $45,000. The ongoing royalty fee is also low at 6 per cent of the sales. This is actually the lowest you would get in the market. While the amounts required for investment are quite low, you would still be given some financial help if things get tough in your Great Clips Franchise. The company has established relationships with the major lenders who would be more than willing to come to your assistance.

In addition, you would not be required to have any prior knowledge in the hair and beauty industry. The company advances training at both the headquarters as well as the training center in your locality. You will be supported at the grand opening in order to ensure that you hit the ground running. On-going support is also presented as well as marketing support to popularize the business and give it a grounded footing.

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