Sport Clips


Description

Sport Clips has been offering franchises for the retail operation of “Sport Clips” stores since November 1995. The model grew from recognition that the old style barber shops were going away and that there were no locations that offered a well executed haircut at a decent price for guys. We developed the model to fit this need. We currently have over 700 stores operating across the US with 1000 licenses sold and approximately 300 franchisees.

The model is based on multi unit ownership with our franchisees continuing to work at their full time careers as they build out the units. Typically, they will acquire 3 licenses. They are purchasing a business that allows them to have business ownership while they maintain their careers. When they do transition out they are still typically only vesting 12 to 15 hours per week on the business as it is a turnkey operation. We assist with the recruitment of the stylists and offer the staff training and ongoing operation support on an ongoing basis.

  • Features of business: Semi Absentee business where men and boys receive a well executed haircut a reasonable price while watching sports on TV.
  • Function of the owner/daily tasks: Manage the Manager and primary function market business in local area. Owner will keep their full time job. Will focus on managing their managers and using the tools developed through a strong marketing department to educate the consumer about the services.
  • Desired background of prospects and Ideal candidate: Strong managerial and communication skills. Enjoys working with and developing people and marketing their store. This is a people business. Franchisees will work with the manager and oversee multiple units. Primary responsibility is to market the business and drive sales.

Background

Year Established: 1993
Year First Franchised: 1995
Franchised Units: 100+
Actual number of units: 1000
Company Owned Units: 26
Projected New Units (12 months): 200

States referrals are accepted in:

  • Alabama
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Wisconsin

Avail. in Canada: Masters/Area Developer: No

Notes:

Currently not offering franchises in: West Virginia, Wyoming, Montana, Alaska, Hawaii

Territories that are sold out: TX, OK, SD, IA, ID, MD, MT, WY and AK

*No longer offering single and double licenses except in certain markets that will not support three or more stores - Inquire with Corporate.

 

Financial / Terms

Cash Investment: $100,000
Minimum Investment: $153,200
Minimum Net Worth: $350,000
Franchise Fee: $25,000

Discounts:

  • Vet Fran

Royalty: 6%
Ad: $300/week
Average # of Employees: 6-8
Passive Ownership Allowed: Yes
Earnings Claims: Yes

Notes:

Total Investment: $153,200 - $276,900 / $150K on Average per Unit

Franchise Fee: $25k for one license, $39.5k for two stores and $49.5K = Total Fee for all 3 stores ($44.5K to Veterans with Honorable Discharge)

Passive Ownership: Semi Absentee

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: Yes

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Canada
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: No
Cash Investment: Inquire with Corporate
Total Investment: Inquire with Corporate

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes

Notes:

In-depth, values-based training for franchisee, manager and all stylists, before and after opening

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474