RetailTenant
Great Clips (Great Clips, Inc.)

Actively expanding in all states

About the Company

Great Clips is a hair salon franchise with over 4,400 locations across the United States and Canada. It is headquartered in Minneapolis, Minnesota. In 2013, it had system-wide sales of $1.03 billion. Over 15 years of same store sales growth. Over 500 customer visits per week. More than 1,500 leases signed in the past five years (196 leases signed in 2018). 185 open markets across U.S and Canada. 35,000 franchisee employees working in the salons. 110 million haircuts per year. World's largest hair care brand with more than $1 billion in sales.

Last updated: February 24, 2020

Current Locations
4,300
Franchised
HQ Address
4400 West 78th Street, , 700 Minneapolis, MN 55435
HQ Phone
800-999-5959
Website

Expansion Plans

15-20' frontage. High visibility out-parcel or inline from Anchor. 5 years w/5 year options Parking Requirements: 5 to 1. 15ft Suburban grocery anchored community centers or power centers. Grocery Anchored Centers, High Visibility Intersections, National Discounter-anchored Centers Seeking sites in 185 North American markets. Five years with two five-year options for leasing. Approval Requirements: Site plan with space indicated, tenant list, demographics economics, and location map. Email: realestateadmin@greatclips.com Total Square Footage Preferred: 900 Sq.Ft to 1,200 Sq.Ft. FrontagePreferred: 17’ Minimum Frontage, High visibility out-parcel or inline from Anchor Type of Real Estate Preferred: Grocery Anchored Centers, High Visibility Intersections, National Discounter-anchored Centers GrowthMarkets: Los Angeles & Orange County and San Diego County Growth in 2019: Plan to sign 200 leases nationwide / Consistently Opening +/-175 store annually

Desired size
900 to 1,200 sq ft
12 Month Expansion Plans
200
24 Month Expansion Plans
240
Preferred Property Types
Neighborhood or Community Center, Lifestyle Center, Power Center, Specialty Strip
Currently in
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington D.C., West Virginia, Wisconsin, Wyoming
Expanding in
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington D.C., West Virginia, Wisconsin, Wyoming
Demographic Notes
70% men and kids, 30% ladies Prefer a younger demographic with middle to upper incomes. Younger families, higher median incomes, growth markets. Desired markets are current Great Clips markets and outlying communities within the same television market. Middle to Upper Income younger families and Busy Professionals
Preferred Cotenants
Other evening and weekend retail drivers. Top tier grocers, drug, Target, Wal-Mart, national shop tenants and QSR’s. Grocery-anchored centers, high visibility strips, national discounter-anchored centers.

 

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