Who Owns Great Clips?

Is Great Clips publicly traded?
No, Great Clips, Inc. is a privately held company. It does not have publicly traded stock and does not disclose detailed corporate financial results. The company is owned by its founders, their families, and internal stakeholders. Great Clips has remained private throughout its 40-plus year history, allowing for long-term strategic planning without public shareholder pressure.

Who founded Great Clips?
Great Clips was founded in 1982 by Steve Lemmon and David Rubenzer in Minneapolis, Minnesota. The founders established the company with a focus on providing affordable, convenient haircut services through a franchise model. The company began franchising in 1983, one year after its founding, and has been 100 percent franchised throughout its history.

How many Great Clips locations are there?
Great Clips operates 4,441 franchised salons as of 2025, across all 50 U.S. states and four Canadian provinces. The company is 100 percent franchised, with 0 company-owned locations. Approximately 700 franchisees operate all salons, employing more than 30,000 stylists. The largest state concentration is Texas with 438 salons. Unit count has been stable, growing from 4,427 in 2023 to 4,441 in 2025.

Who is the CEO of Great Clips?
Rob Goggins serves as President and CEO as of January 1, 2026. He succeeded Steve Hockett, who retired after more than 35 years with the brand. Goggins has been with Great Clips since 2007, previously serving as vice president of franchise development, COO (2014), and president (2018). He has 22 years of experience in franchising.

What is Great Clips' revenue?
Great Clips does not disclose corporate revenue as a private company. However, the 2026 FDD disclosed that the average total sales per salon were $410,783 in 2025, with a median of $390,685. Based on 4,441 salons, system-wide sales are estimated at approximately $1.8 billion. The royalty fee is 6 percent of gross sales. Average operating cash flow per salon was $83,504 among salons with complete financial data.

Does Great Clips franchise?
Yes, Great Clips is 100 percent franchised. All 4,441 salons are independently owned and operated by approximately 700 franchisees. The corporate entity owns zero salons. The initial franchise fee ranges from $20,000 to $35,000, the total initial investment ranges from $187,800 to $419,900, and the ongoing royalty is 6 percent of gross sales. Great Clips was ranked #1 in its category in Entrepreneur's Franchise 500 for the eighth consecutive year in 2025.

How does Great Clips compare to Supercuts?
Both Great Clips and Supercuts are major salon franchises, but they differ in ownership and scale. Great Clips is privately held with 4,441 locations and is 100 percent franchised. Supercuts is owned by Regis Corporation, which is publicly traded, and has approximately 2,400 locations. Great Clips is the larger brand by location count and operates entirely through franchisees, while Regis operates a mix of franchised and company-owned salons.