Sport Clips
Men's sports-themed hair salonBackground
Founded: 1993 Franchising since: 1995
Gordon Logan, president of Sport Clips, conceived the Sport Clips idea in 1993 and opened its first franchised store in Houston two years later. Designed to target a previously underserved market, Sport Clips caters to men and boys by providing hassle-free hairstyling in a sports-themed environment. The company began franchising in 1995.
Franchisor is a privately-held company with 40 employee(s); 6 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Midwest, Northeast, South, Southeast, Southwest, West
Exclusive territories available.
Territory size: Varies (major cities, regions or entire states)
Special Programs
Sport Clips sponsors numerous local sports teams, including Little League, Pop Warner football and soccer. Franchisees are encouraged to get involved with the community through avenues like Partners in Education and other programs.
Gordon Logan, president of Sport Clips, conceived the Sport Clips idea in 1993 and opened its first franchised store in Houston two years later. Designed to target a previously underserved market, Sport Clips caters to men and boys by providing hassle-free hairstyling in a sports-themed environment. The company began franchising in 1995.
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P.O. Box 3000-266 Georgetown, Texas 78627-3000 |
Phone: (512)869-1201 |
Franchisor is a privately-held company with 40 employee(s); 6 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 639 | 0 | 0 | 14 |
| 2008 | 563 | 0 | 0 | 12 |
| 2007 | 440 | 0 | 0 | 14 |
| 2006 | 341 | 0 | 0 | 12 |
| 2005 | 263 | 0 | 0 | 10 |
Where Seeking Franchisees
In the U.S. Midwest, Northeast, South, Southeast, Southwest, West
Exclusive territories available.
Territory size: Varies (major cities, regions or entire states)
Special Programs
Sport Clips sponsors numerous local sports teams, including Little League, Pop Warner football and soccer. Franchisees are encouraged to get involved with the community through avenues like Partners in Education and other programs.
Costs and Fees
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Total investment: $153.2K-276.9K Franchise fee: $25K |
Ongoing royalty fee: 6% Term of agreement: 5 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $100K
Business Experience:
- General business experience
- Marketing skills
- People skills
Operations
- 98% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 6 - 12
- Absentee ownership of franchise is allowed. (32% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 5 days
- At franchisee's location: 5 days
- At existing locations : 5 days
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising
Other marketing support
- Ad fund, local radio & TV, celebrity fees
Rankings
Franchise 500® rank:
#56 (2009); #74 (2008); #72 (2007); #81 (2006); #83 (2005);
Fastest-Growing Franchises:
#27 (2009); #39 (2008); #49 (2007); #50 (2006); #45 (2005);
#56 (2009); #74 (2008); #72 (2007); #81 (2006); #83 (2005);
Fastest-Growing Franchises:
#27 (2009); #39 (2008); #49 (2007); #50 (2006); #45 (2005);