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FranchiseVerdict

Great Clips vs Sonic

Franchise Comparison 2026

Great Clips is a personal care & beauty franchise, while Sonic operates in quick-service restaurants. Great Clips requires an investment of $188K – $420K while Sonic requires $670K – $2.5M. In terms of revenue, Sonic reports higher average unit revenue at $1.6M. On SBA loan performance, Great Clips has a lower charge-off rate (5.3%) compared to Sonic (8.3%). FranchiseVerdict rates Great Clips A (Top Quintile) and Sonic A (Top Quintile).

Investment Range
$188K – $420K
$670K – $2.5M
Franchise Fee
$20K
$15K
Royalty Rate
6.0%
5.0%
Average Revenue (Item 19)
$411K
$1.6M
SBA Charge-Off Rate
5.3% (604 loans)
8.3% (144 loans)
Total Units
4,441
3,412
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1983
1974
FDD Year
2025
2026