
Cash Investment (Liquid): $200,000
Minimum Investment: $224,800
Maximum Investment: $373,300
Minimum Net Worth: $400,000
Franchise Fee: $59,500
Royalty Type: Flat Percentage Fee
Royalty Fee Structure:
6% Net
Ad Fee Structure:
5% of net sales - at a minimum of $300 per week, whichever is more
Business Type
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Retail
B2B/B2C
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B2C
Discounts:
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Vet Fran
Average # of Employees:
8-14
Participation Type:
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Executive Model
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Semi-Absentee
Background
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Year Established: 1993
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Year First Franchised: 1995
Sport Clips
WHO ARE WE?
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. They developed the model to fit this need. This is a Semi-Absentee business where men and boys receive a well-executed haircut experience at a reasonable price while watching sports on TV.
Why US?
Here are some reasons why Sport Clips is the right hair care franchise opportunity for you:
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Growth – We have a responsible growth plan, averaging over 100 new Sport Clips locations each year for the past ten years while maintaining high standards for real estate and the Team Leaders we have invited to join our Team.
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Model – We have a semi-absentee, manager-managed business model that lets you work ON your business, not IN your business.
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Link to /why-sport-clips-/sport-clips-continuity-rateContinuity Rate – We have a franchise continuity rate of 95.4%, an honor based on five years of real data, during which time we opened 709 new stores and only 16 closed in the entire country.
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Link to /why-sport-clips-/our-industryIndustry – We have a well-defined niche market and a recession-resistant industry. The men’s segment is the most efficient segment of the industry, thanks to no chemicals, easier-to-execute haircuts, and lower inventories.
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Link to /about-us/team-cultureTeam Culture – From the top of the organization to each individual Team Member in the independently owned and operated stores, the culture and values are the foundation upon which all decisions are based. Link to /about-us/community-involvementGiving back to the community is an important part of Sport Clips culture.
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Link to /what-to-expect-/training-supportTraining and Support – We have best-in-class training available for our Team Members. With Coaches in every market to help you train Stylists, we are focused on providing the support you need. Sport Clips is about having the right infrastructure in place to help you achieve your goals. We have approximately one support person for every seven stores.
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Link to /available-marketsPresence – We are the only national hair cutting franchise with a Link to /available-marketspresence in all 50 states, Link to http://www.sportclipsfranchise.caplus Canada. You will be part of a nationally recognized brand and well-resourced support system.
Support
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Franchisor support: initial training, on-going support: help lines, field support, annual meetings, advertising, central purchasing etc.: Turn Key Franchise with ongoing training, recruitment and operation support. Real Estate, Construction and Marketing support offered on ongoing basis.
Ideal Candidate
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Franchisees typically keep their full-time job initially, since their presence is not required in each store on a day-to-day basis. They focus on managing their managers and using the tools developed by the Marketing Department to market the business in the local area, to educate consumers about their services.
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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. Their primary responsibility is to market the business and drive sales.
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