FranchiseBudget

Great Clips vs Planet Fitness Franchise Cost 2026

Great Clips runs $183K–$382K. Planet Fitness runs $1.6M–$4.5M. The gap at midpoint: $2.7M.

Great Clips

$183K–$382K

total investment

Investment Difference

$2.7M

Great Clips costs less

Planet Fitness

$1.6M–$4.5M

total investment

Cost Breakdown

Category Great Clips Planet Fitness Lower Cost
Total Investment $183K–$382K $1.6M–$4.5M Great Clips
Franchise Fee $20,000 $20,000 Great Clips
Royalty Rate 6.0% 7.0% Great Clips
Ad Fund Fee 5.0% 7.0% Great Clips
Net Worth Required $300K $3.0M Great Clips
Liquid Capital $75K $800K Great Clips
Est. Break-Even 20.2 yr 72.1 yr Great Clips

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 →

Planet Fitness Profile

Category
fitness
Total Investment
$1.6M–$4.5M
Franchise Fee
$20,000
Royalty
7.0%
Est. Annual Revenue
$4.2M
Full Planet Fitness Cost Breakdown →

Bottom Line

Great Clips costs $2.7M less to open at the midpoint. That difference goes toward working capital or a second location. Great Clips also wins on royalty rate.