
Sport Clips Haircuts
Men's sports-themed hair salons- 2023 Franchise 500 Rank
-
#30 Ranked #24 last year
- Initial investment
-
$266K - $440K
- Units as of 2022
-
1,895 3.1% over 3 years
Company Overview
About Sport Clips Haircuts
- Industry
- Personal-Care Businesses
- Related Categories
- Hair Care, Salon & Spa Services
- Founded
- 1993
- Parent Company
- Sport Clips Inc.
- Leadership
- G. Edward Logan, CEO
- Corporate Address
-
110 Sport Clips Wy.
Georgetown, TX 78628
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
Testimonial
“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!
Business Overview
- Franchising Since
- 1995 (28 years)
- # of employees at HQ
- 170
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering 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
- Initial Investment
- $266,300 - $439,500
- Net Worth Requirement
- $400,000
- Cash Requirement
- $200,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 5%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
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
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- Yes
- # of employees required to run
- 8-12
- Are exclusive territories available?
- No
Request free information
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Franchise 500 Ranking History
Compare where Sport Clips Haircuts landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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