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    Franchise opportunities compared

    Great Clips, Inc. vs Phenix Salon Suites

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Great Clips, Inc.2026 FDDPhenix Salon Suites2026 FDD

    Initial investment · Item 7

    Great Clips, Inc.

    $14,000 – $187,800

    2026 FDD · Item 7

    Phenix Salon Suites

    $535,229 – $3,074,038

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Great Clips, Inc.

    $20,000

    2026 FDD · Item 5 · PDF p. 17

    Phenix Salon Suites

    Not available

    Royalty · Item 6

    Great Clips, Inc.

    6%

    2026 FDD · Item 6 · PDF p. 20

    Phenix Salon Suites

    3%

    2026 FDD · Item 6 · PDF p. 18

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Great Clips, Inc. and Phenix Salon Suites disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Great Clips, Inc.: 11, Phenix Salon Suites: 12). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Great Clips, Inc.

    $14,000 – $187,800
    2026 FDD · Item 7

    Phenix Salon Suites

    $535,229 – $3,074,038
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Great Clips, Inc.

    $20,000
    2026 FDD · Item 5 · PDF p. 17

    Phenix Salon Suites

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Great Clips, Inc.

    6%
    OTHER FEES Type of Fee 1 Amount Due Date Remarks Continuing Franchise Fee 2 — 6%
    2026 FDD · Item 6 · PDF p. 20

    Phenix Salon Suites

    3%
    ave the right to increase the royalty, effective as of January 1 st of each year, by — 3%
    2026 FDD · Item 6 · PDF p. 18
    Brand / advertising fund (Item 6)

    Great Clips, Inc.

    $40,000
    lus a non - refundable Initial Advertising Contribution to the MDAF of $5,000 (i.e., — 40000
    2026 FDD · Item 6 · PDF p. 18

    Phenix Salon Suites

    $0.06
    determined by us, in our sole and absolute discretion. National Brand Fee Six Cents — — 0.06
    2026 FDD · Item 6 · PDF p. 18

    System scale & health

    Total outlets (Item 20)

    Great Clips, Inc.

    4,439
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 69

    Phenix Salon Suites

    418
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 71
    Net outlet change (Item 20)

    Great Clips, Inc.

    +12
    Calculated: 4,427 at end of 2022 → 4,439 at end of 2024

    Phenix Salon Suites

    +43
    Calculated: 375 at end of 2023 → 418 at end of 2025
    Outlet exits (Item 20)

    Great Clips, Inc.

    Not available
    No complete exit records for a year

    Phenix Salon Suites

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Great Clips, Inc.

    1983
    From a verified franchisor listing

    Phenix Salon Suites

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Great Clips, Inc.

    Not available
    Not in reviewed records

    Phenix Salon Suites

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Great Clips, Inc.
    Locations counted not stated in the reviewed record — All2025eligible-to-open salons
    $8,484
    other Table1 Product Sales
    2026 FDD · Item 19 · PDF p. 61
    Locations counted not stated in the reviewed record — $350 - $400thousand annualsales
    $68,492
    other Table3 $350 - $400 thousand annualsales
    2026 FDD · Item 19 · PDF p. 63
    Locations counted not stated in the reviewed record — $450 - $500thousand annualsales
    22.54 percent
    other Table3 $450 - $500 thousand annualsales
    2026 FDD · Item 19 · PDF p. 63
    +8 more groups in the full report
    Phenix Salon Suites
    Locations counted not stated in the reviewed record — >6500sqft
    $507,534
    other Chart2 Gross revenue Median
    2026 FDD · Item 19 · PDF p. 67
    Locations counted not stated in the reviewed record — Combined disclosed financial
    $177,204
    other Chart2 Gross revenue Lowest
    2026 FDD · Item 19 · PDF p. 67
    Locations counted not stated in the reviewed record — >6500sqft,opened2021–2024; all occupancy rates; four financial responses have n…
    $1,146,025
    other Chart1 Revenue High
    2026 FDD · Item 19 · PDF p. 65
    +9 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Great Clips, Inc. vs Phenix Salon Suites: common questions

    Which costs less to open, Great Clips, Inc. or Phenix Salon Suites?
    Great Clips, Inc.: $14,000 – $187,800 (2026 FDD · Item 7); Phenix Salon Suites: $535,229 – $3,074,038 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Great Clips, Inc.. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Great Clips, Inc. and Phenix Salon Suites royalties compare?
    Great Clips, Inc.: 6% (2026 FDD · Item 6 · PDF p. 20); Phenix Salon Suites: 3% (2026 FDD · Item 6 · PDF p. 18). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Great Clips, Inc. or Phenix Salon Suites?
    Great Clips, Inc.: 4,439 (2025 FDD · Item 20 · PDF p. 69); Phenix Salon Suites: 418 (2026 FDD · Item 20 · PDF p. 71). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Great Clips, Inc. and Phenix Salon Suites disclose financial performance (Item 19)?
    Great Clips, Inc. has reviewed Item 19 figures for 11 location groups; Phenix Salon Suites has reviewed Item 19 figures for 12 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Great Clips, Inc. report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Phenix Salon Suites report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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