FILING · MN · 2025 FDD
GREAT CLIPS FDD (Franchise Disclosure Document) — 2025
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). GREAT CLIPS's most recent FDD tracked here is the 2025 FDD, filed with the Minnesota Department of Commerce (public CARDS portal). Registration-state filings are public records, so you can read it free, with no sign-up.
PUBLIC RECORD · FILED 2025 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $20,000 |
| ITEM 6 | Ongoing royalty | 6.0% of gross sales |
| ITEM 7 | Total initial investment | $188K–$420K |
| ITEM 19 | Earnings disclosure (FPR) | Yes — financial performance representation made |
| ITEM 20 | Outlets (fiscal 2024) | 4,439 franchised at year end · 103 exits (exit rate 2.3%, fiscal 2024) |
The headline figure is Average Annual Sales - Total Sales for CY2024 (Jan 1 - Dec 31, 2024), for 4,147 of 4,439 units, leaving out not authorized to be open for entire 2024 or changed ownership, closed permanently during 2024.
Graded on three things the filing states: coverage (2 points if the figure covers at least 75% of the units it is compared with, 1 point for 50–75%), centre (2 points if it prints both a median and a mean, 1 for one of them), and costs (2 points for costs through a profit line or full cost detail, 1 for some cost items). 5–6 points = More complete, 3–4 = Partial, 0–2 = Limited. The grade describes the disclosure, not the business.
| What is measured | Average Annual Sales - Total Sales (gross sales) |
| Period | CY2024 (Jan 1 - Dec 31, 2024) |
| Whose results | Franchised outlets |
| Units included | 4,147 of 4,439 salons eligible to be open in the U.S. and Canada as of Dec 31, 2024 |
| Left out |
|
| Average (mean) | $399K |
| Median | $382K |
| Mean vs median | mean 4.4% above median |
| Met or beat the average | 1,857 (44.78%) |
| Costs shown | Yes — through a profit line |
| Where | p. 62 (Item 19 runs pp. 60–68) |
| The filing's words | “To be considered a 2024 Salon, the salon must have been eligible to be open (as defined below) during the entire time period from January 1, 2024 to December 31, 2024” |
Every figure above was extracted by software from the 2025 GREAT CLIPS FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.
GREAT CLIPS FDD questions, answered
Where can I download the GREAT CLIPS FDD for free?
GREAT CLIPS's 2025 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is GREAT CLIPS's most recent FDD on file?
The most recent GREAT CLIPS FDD tracked here is the 2025 FDD, filed with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.
Does GREAT CLIPS's FDD disclose earnings (Item 19)?
Yes — GREAT CLIPS makes a financial performance representation in Item 19 of its 2025 FDD. Read the basis fine print: franchisors choose which units and metrics to include.
What does GREAT CLIPS's FDD Item 20 show?
In fiscal 2024, GREAT CLIPS ended with 4,439 franchised outlets; 103 of 4,427 open at the start of the year left the system (exit rate 2.3%, fiscal 2024) through terminations, non-renewals, and "ceased operations — other reasons".
The GREAT CLIPS validation checklist
questions built from this brand's own filings · read them all on the profile
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