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- 2022 Franchise 500 Rank
#24 Ranked #17 last year
- Initial investment
$266K - $440K
- Units as of 2022
1,895 3.1% over 3 years
About Sport Clips Haircuts
More from Sport Clips Haircuts
Why Open A Haircut Franchise?
If you’re looking for a smart investment in a $75 billion recession resistant industry with repeat customers, you may want to consider the hair care industry. The Sport Clips model of semi-absentee/manager-style allows you as the franchisee to work on your business, not in your business. While there are several business models and target audience options within the hair care space, men’s hair care may be especially appealing to those looking for a potential and stable cash business with minimal inventory requirements and simple to execute operations.
About Sport Clips Haircuts
Founded in 1993, Sport Clips Haircuts is a men’s sports-themed hair salon providing clients a championship haircut experience at a reasonable price while watching sports on TV. With more than 1,800 locations across the U.S. – in all 50 states – and in Canada, we provide more than 33 million haircuts annually and are continuing to expand.
Take Control of Your Future with Sport Clips
Achieve Greater Freedom
Enjoy an opportunity for greater freedom and reach your personal and financial goals growing a business on your terms that will always be in demand and has recurring revenue.
Achieve A Flexible Lifestyle
Typically, this is a multi-unit, scalable investment opportunity business you can own on the side and grow over time. The transitional business model aims to put you on the path to exit your day job once maturity in your stores is achieved.
Achieve A Firm Foundation
Sport Clips is the only large national haircut chain that has more stores open at the beginning of 2022 than they did at the start of the pandemic! It is ideal for diversifying your current business, investments and/or retirement strategy. Haircutting is also considered to be relatively resistant to economic conditions, can't be outsourced, and when tough times cause consumers to pull back from eating out and discretionary personal services, haircuts continue. Franchisees experience high loyalty and stability with regular clients returning every 4-6 weeks.
Join the Sport Clips Team
Ideal candidates and existing franchisees come from all walks of life however those with senior or executive level experience and have strong leadership, managerial and communications skills often do best as this business is about managing relationships and people. Sport Clips is also a great business for two (Husband/Wife) or other teams. Many franchisees engage their children in the process making it a great family business.
Build a Solid Business with an Industry Leader
With excellent training and support resources designed to help our franchisees succeed, Sport Clips starts you off on the right foot in getting your stores opened, developing a positive team environment and building our clientele.
- Site selection and third-party financing assistance
- Store construction and set-up
- Pre-opening procedures and post-opening follow up
- Stylist recruitment guidance
- Grand Opening plans and a dedicated team to assist you every step of the way
- Neighborhood marketing plans
- Networking and learning opportunities at local Leaderships and National Huddles
“We wanted to invest in a franchise that was stable and predictable, and what's more certain than hair cuts? People need to get their hair cuts every four to five weeks, and this isn't something that they can put off or do themselves. It's also something that won't be automated out of existence by new technology. People will always need haircuts, and that's why we invested in Sport Clips.”– Michael and Caline Wills, Franchisee
Imagine what you could do with a team like this!
- Franchising Since
- 1995 (27 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Canada
- # of Units
- 1,895 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Sport Clips Haircuts franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $30,000 - $69,500
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $266,300 - $439,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 20% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 5 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Sport Clips Haircuts has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 47.5 hours
- Classroom Training
- 114.5 hours
- Additional Training
- At existing locations/virtual
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Sport Clips Haircuts landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Sport Clips Haircuts ranked on other franchise lists? Find out below.
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