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Sport Clips Haircuts

Sport Clips is a leading men’s and boys’ […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 1993
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $276,800
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 6%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Start Your Own Sports-Themed Hair Salon with Sport Clips

Sport Clips is a leading men's and boys' haircut franchise with over 1,800 locations across the U.S. and Canada. They're known for their sports-themed atmosphere, affordable prices, and commitment to providing a great haircut experience.

Why Choose Sport Clips?

Sport Clips offers a solid franchise opportunity for entrepreneurs looking for a proven and scalable business model. Here's why it's a great choice:

  • Established brand: Sport Clips has a strong reputation in the $75 billion hair salon industry.
  • Proven track record: They've helped many entrepreneurs achieve success and financial independence.
  • Recession-resistant business: People need haircuts even in tough economic times.
  • Strong support system: Sport Clips provides comprehensive training and ongoing support to help you succeed.

What's Involved in Starting a Sport Clips Franchise?

Opening a Sport Clips franchise involves several key steps:

Site Selection and Financing

Sport Clips provides assistance with finding the right location and connecting you with third-party lenders who can help you finance your franchise. This financing can cover your franchise fee, startup costs, equipment, and more.

Training and Support

Sport Clips offers extensive training and support to help you succeed as a franchise owner. You'll receive guidance on:

  • Store construction and set-up
  • Pre-opening and post-opening procedures
  • Stylist recruitment
  • Grand Opening plans
  • Marketing strategies

How Much Does a Sport Clips Franchise Cost?

Here's a breakdown of the typical costs associated with starting a Sport Clips franchise:

  • 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

What Kind of Income Can I Expect?

The potential income for a Sport Clips franchise owner varies, but many earn between $75,000 and $125,000 annually. This is significantly higher than the average college graduate salary. Sport Clips is committed to transparency and provides detailed financial information in their Franchise Disclosure Document (FDD).

Why Invest in a Sport Clips Franchise?

Here's why Sport Clips stands out as a franchise opportunity:

  • Simple business model: You'll hire a store manager to handle day-to-day operations, allowing you to focus on bigger picture items like marketing and building your team.
  • Flexible ownership: You can work on your business, not in it, dedicating around 10-15 hours per week to your franchise.
  • Scalability: Many Sport Clips franchise owners grow their business by opening multiple locations.
  • High franchise continuity: Sport Clips has a strong track record of franchise owners staying in business, which indicates stability and growth potential.
  • Strong culture: Sport Clips emphasizes a supportive and positive work environment, fostering a sense of community and teamwork.

Ready to Learn More?

If you're interested in learning more about owning a Sport Clips franchise, fill out the form on their website to begin the discovery process. You can also take a quiz to find franchises that align with your interests and budget.

Support & Training offered by Sport Clips Haircuts

Additional Information

Category Location N/A
Number of Units Open 1,902 (as of 2024)
Investment Range $276,800 - $463,000
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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