Great Clips vs PHENIX SALON SUITES®
Franchise Comparison 2026
Both Great Clips and PHENIX SALON SUITES® are personal care & beauty franchises. Great Clips requires an investment of $188K – $420K while PHENIX SALON SUITES® requires $721K – $1.4M. In terms of revenue, PHENIX SALON SUITES® reports higher average unit revenue at $487K. Great Clips has SBA lending data on file with a 5.3% charge-off rate. FranchiseVerdict rates Great Clips A (Strongest tier) and PHENIX SALON SUITES® A (Strongest tier).
| Metric | Great Clips | PHENIX SALON SUITES® |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $188K – $420K | $721K – $1.4M |
| Franchise Fee | $20K | $53K |
| Royalty Rate | 6.0% | $0.34 per square foot of leased space per month, increasable by 3% per year |
| Average Revenue (Item 19) | $411K | $487K |
| SBA Charge-Off Rate | 5.3% (604 loans) | Limited data |
| Total Units | 4,441 | 399 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1983 | 2010 |
| FDD Year | 2026 | 2025 |
Investment Range
$188K – $420K
$721K – $1.4M
Franchise Fee
$20K
$53K
Royalty Rate
6.0%
$0.34 per square foot of leased space per month, increasable by 3% per year
Average Revenue (Item 19)
$411K
$487K
SBA Charge-Off Rate
5.3% (604 loans)
Limited data
Total Units
4,441
399
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1983
2010
FDD Year
2026
2025