FranchiseBudget

Great Clips vs Jersey Mike's Franchise Cost 2026

Great Clips runs $183K–$382K. Jersey Mike's runs $252K–$755K. The gap at midpoint: $221K.

Great Clips

$183K–$382K

total investment

Investment Difference

$221K

Great Clips costs less

Jersey Mike's

$252K–$755K

total investment

Cost Breakdown

Category Great Clips Jersey Mike's Lower Cost
Total Investment $183K–$382K $252K–$755K Great Clips
Franchise Fee $20,000 $18,500 Jersey Mike's
Royalty Rate 6.0% 6.5% Great Clips
Ad Fund Fee 5.0% 2.0% Jersey Mike's
Net Worth Required $300K $300K Great Clips
Liquid Capital $75K $100K Great Clips
Est. Break-Even 20.2 yr 13.7 yr Jersey Mike's

Great Clips Profile

Category
beauty
Total Investment
$183K–$382K
Franchise Fee
$20,000
Royalty
6.0%
Est. Annual Revenue
$350K
Full Great Clips Cost Breakdown →

Jersey Mike's Profile

Category
food
Total Investment
$252K–$755K
Franchise Fee
$18,500
Royalty
6.5%
Est. Annual Revenue
$1.0M
Full Jersey Mike's Cost Breakdown →

Bottom Line

Great Clips costs $221K less to open at the midpoint. That difference goes toward working capital or a second location. Great Clips also wins on royalty rate.