Cost Cutters vs Great Clips
Franchise Comparison 2026
Both Cost Cutters and Great Clips are personal care & beauty franchises. Cost Cutters requires an investment of $181K – $342K while Great Clips requires $188K – $420K. In terms of revenue, Great Clips reports higher average unit revenue at $411K. Great Clips has SBA lending data on file with a 5.3% charge-off rate. FranchiseVerdict rates Cost Cutters C (Average) and Great Clips A (Strongest tier).
| Metric | Cost Cutters | Great Clips |
|---|---|---|
| Verdict Grade | CAverageAverage | AStrongest tierStrongest tier |
| Investment Range | $181K – $342K | $188K – $420K |
| Franchise Fee | $40K | $20K |
| Royalty Rate | 4.0% | 6.0% |
| Average Revenue (Item 19) | $280K | $411K |
| SBA Charge-Off Rate | Limited data | 5.3% (604 loans) |
| Total Units | 405 | 4,441 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1982 | 1983 |
| FDD Year | 2025 | 2026 |
Investment Range
$181K – $342K
$188K – $420K
Franchise Fee
$40K
$20K
Royalty Rate
4.0%
6.0%
Average Revenue (Item 19)
$280K
$411K
SBA Charge-Off Rate
Limited data
5.3% (604 loans)
Total Units
405
4,441
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1982
1983
FDD Year
2025
2026