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Sport Clips
#10 Franchise 500| Men's sports-themed hair salons

About
Founded

1993

Franchising Since

1995 (23 Years)

Corporate Address

110 Briarwood Dr.
Georgetown, TX 78628

CEO

Gordon Logan

Financial Requirements
Initial Investment

$189,300 - $354,500

Net-worth Requirement

$400,000

Liquid Cash Requirement

$200,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $59,500

Ongoing Royalty Fee

6%

Ad Royalty Fee

5%

Financing Options

Sport Clips has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

48 hours

Classroom Training:

110 hours

Additional Training:

At existing locations

Absentee Ownership Allowed
Number of Employees Required to Run:

8

Sport Clips is ranked #10 in the Franchise 500!
Bio
Gordon Logan, founder and CEO 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.
Cost
Initial Investment: Low - $189,300 High - $354,500
Units
+8.5%+132 UNITS (1 Year) +30.2%+392 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

Franchise Articles

To Compete Against Other Salons, Sports Clips Made It Easier for Franchisees to Run Their Businesses

It upgraded the point-of-sale systems at all 1,750 locations and introduced online check-in, a service popular with competitors.

The 7 Cheapest Franchises on the Entrepreneur Franchise 500 List

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How Hardee's Shed Its Bikini-Centric Ad Strategy, and Cleverly Grew Up

The franchise is repositioning itself as forward-thinking.

Choosing a Hot Franchise May Leave You Cold

Ask yourself these diagnostic questions to find the franchise business that fits you best.

3 Tips for Handing Down a Business to the Next Generation

Mother-daughter Kumon franchisees share advice on how to smoothly transition a family business.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 16th, 2017