Sports Clips Franchise Information
Founded in 1993, Sport Clips Haircuts is a sports-themed men’s hair salon that offers competitively priced championship haircuts while watching sports on TV. With over 1,800 locations in all 50 US states and Canada, he provides over 33 million haircuts annually and continues to expand throughout North America. As the first brand to specialize in haircuts for men and boys, Sport Clips has become a dominant brand in the multi-billion dollar hair salon industry renowned for its championship haircut experience.
For franchise opportunities, nothing beats Sport Clips. We have a long track record of helping entrepreneurs achieve greater freedom, a more flexible lifestyle and a solid foundation for the future. It is engineered, has exceptional unit-level economics, and provides essential services that do not go away when automated. As long as men have hair, sport clips will always be in demand to deliver the MVP experience.
With superior training and support resources designed to help each franchisee succeed, Sports Clips is on the right track to opening stores, developing a positive environment for team members, and building customers. start.
- Site Selection and Third Party Sponsorship
- Store construction and setup
- Procedures before opening and follow-up after opening
- Stylist Recruitment Information
- Grand opening plans and a dedicated team to support you every step of the way
- neighborhood marketing plan
- Regional Leadership and National Huddle Networking and Learning Opportunities
The popularity of the sports clip franchise opportunity is evident in the brand’s overall ranking of 24.th This year’s entrepreneur magazine Franchise 500 list.th Sports Clips continues to rank among the top 100 franchises on this prestigious annual list. Newly established unit growth has increased by 3.1% in the last three years alone.
How much does the Sports Clips franchise cost?
To open your own Sports Clips haircut franchise, here are the financial requirements associated with owning a business, the cash you need, and the ongoing franchise fees.
Initial Franchise Fee: $30,000 – $69,500
Initial investment: $266,300 – $439,500
Net Worth Requirement: $400,000
Cash Required: $200,000
Veterans Incentive: 20% Off Franchise Fees
Royalty Fee: 6%
Advertising fee: 5%
Contract period: 5 years
While the brand does not provide direct access to financing, it does have relationships with third-party lenders that can help franchisees secure the necessary funding to invest in the Sport Clips franchise. Typically, these lenders provide loans that cover franchise fees, start-up costs, equipment, inventory, accounts receivable, salaries, and more.
How Much Do Sports Clips Franchise Owners Earn?
This is one of the most common and perhaps most important questions franchisees have when evaluating franchise opportunities. You want to know if the business you’re investing in will perform as promised, or in other words, if the risk is worth the reward. Sport Clips operates in a $75 billion recession-proof industry and has repeat customers. After years of success, the Sport Clips business model has proven to be a scalable investment. Sport Clips recently published its latest Franchise Disclosure Document (FDD). It provides comprehensive details about the franchise’s financial performance. FDD reports on all franchise locations operating for a minimum of 39 weeks in 2018, 2019 and 2020. In the US, a franchise owner typically makes $75,000 to $125,000 a year. This is definitely well above his $50,000 average salary for a college graduate.
“Sport Clips is unstoppable,” said Jim Atkinson, Vice President of Development, Sports Clips Franchise. “We experienced an incredible event, a once-in-a-lifetime experience that showed us that nothing is insurmountable when we are rooted in our culture as a brand. Our franchisees have been through government mandated closures but our strong culture has allowed us to band together to minimize the economic impact. We believe and practice the art of kaizen. , always looking for continuous incremental improvement in all aspects of our business…it was so last year and next year will be even better! There are still many runways left and the future of Sport Clips is bright.”
Why invest in the Sports Clips franchise
Are you looking for a path to financial independence, a way out of the corporate world and want to control your future? Investing in a Sport Clips franchise can provide a path to business ownership. For franchise opportunities, nothing beats Sport Clips. We have a long track record of helping entrepreneurs achieve greater freedom, a more flexible lifestyle and a solid foundation for the future. It is engineered, has exceptional unit-level economics, and provides essential services that do not go away when automated. As long as men have had hair, the talented hair care professionals at Sport Clips will always be in demand.
One of the main advantages of franchising with Sport Clips is that you don’t have to give up your career. Our business model, unlike many other franchise concepts, encourages each team his leader to work on the business and not on the business. Hire a store manager to oversee the day-to-day operations of your store, manage professional stylists, and deliver the championship haircut experience your customers have come to expect and deserve.
Your role as owner will be primarily supportive. You are responsible for creating a family-like culture that empowers your team to do extraordinary work. A great team will help you focus on growing your business, executing your marketing strategy, and managing the back end. As a general rule, the team expects her leader to spend about 10-15 hours a week in the store. In other words, owning a Sport Clips haircut franchise is as easy as it gets business.
Our business model is simple, allowing team leaders to quickly scale up to multi-unit ownership. Many Teams He is proud to be a leader multi-unit his operator and continues to reinvest in the brand. In fact, Sport Clips has several double-digit owners with 10, 20, 30, and 40 stores open, and plans to expand further. His Sport Clips haircut has one of the highest franchise retention rates in the industry. This means our team leaders stay in business, their business stays open and our franchise network grows stronger. As an investor looking for business opportunities, this is important to you. That’s it. A high franchise retention rate means it offers stability, reliability and long-term growth potential.
This commitment to our culture is firmly rooted in our values. We empower everyone in our organization, from our leadership team to their leaders, store managers and stylists, to have the heart of a champion. These are the values we live and breathe every day.
- always do the right thing
- Do your best
- treat others as you would like them to treat you
Your most important role as an owner is to build and develop your team. You need to create a family-like company culture where everyone feels appreciated. Then you have the store where the most talented stylists want to work. Fill out this form to request more information about franchising with Sports Clips, find out more and start the discovery process for your own franchise his location.