Moderate-risk, Steady-Growth, Strong Cash Flow, Low Investment Requirement. What’s not to like about this business?

Personal care businesses of one kind or another—gyms, spas, hair care, etc.—have become profitable franchise opportunities over the last decade. Despite the recession, many niches in this field continue to report phenomenal growth. Indeed, some franchisees have found one location for a franchise so profitable that they’ve often opened up the same franchise brand in other locations. The story below tells you about one such franchise opportunity that’s particularly suited to entrepreneurship—offering a moderate-risk, steady-growth business at a relatively modest investment requirement that has a proven record for delivering a very strong cash flow.

Peter Casey

Franchising Consultant 

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A Premier Franchising Opportunity: Great Clips

Established in 1982, Great Clips is the largest hair care brand in the industry, with over 2,700 salons located in the strip malls of 140 markets across the country. Entrepreneur magazine ranks Great Clips as one of the Fastest Growing franchises and one of America’s Top Global Franchises for 2009.

At Great Clips salons no appointments are necessary for men, women, and children to get haircuts and perms at competitive prices. These services are provided by professional licensed stylists with advanced training from one of 60 Great Clips training centers.

The business case is compelling. When you become a Great Clips franchise owner you join a firm that boasts a 25 year positive track record, believes in manager-run stores, provides the training and guidance to help you get started—and encourages multiple-location strategies for those managers who want to expand their operations.

What’s more, Great Clips helps franchisees in finding and securing a quality site. Over the decades, GC has developed a commercial real estate expertise surpassed by none, and actively supported that expertise by building solid relationships with local and national real estate developers, managers, and landlords. Great Clips strongly believes assisting franchisees in the selection of location is a primary reason why Great Clips is one of the fastest growing franchisors in North America.

Recruiting and retaining staff is one of the most important aspects of our business. Great Clips prides itself on the quality relationships it has with industry leaders. Great Clips reviews this critical area with franchisees, showing new owners proven recruiting strategies and tools that has given Great Clips the cutting edge over other salons.

The power of a national brand is behind you when you become a Great Clips franchisee. From customized grand opening plans developed by your Marketing Manager to Great Clips NASCAR sponsorship, Great Clips is committed to building the brand on a local and national level—and making sure that your location and services are known throughout your community.

And at the core of Great Clips’ operating systems is one of the most sophisticated proprietary computer business systems to be found anywhere. You learn how Great Clips’ point-of sale system tracks everything from detailed sales and customer count data to staffing schedules. You’ll also discover how field staff network—backed up by over 60 local training centers—can help you achieve operational excellence.