7/10

Franchimp Summary Rating

7 /10
Lower than 33% of peers

Franchise Summary

Description
A Sport Clips franchisee sells, primarily to men and boys, hair cutting services and hair care products in an environment with a sports theme and multiple televisions featuring sports programming.
Company Background
Sport Clips is the world's largest men's and boys' hair care franchise, with over 3,400 locations in North America. Sport Clips stores are designed to be sports-themed with multiple televisions featuring sporting events. The company offers haircuts for $14-$22, shampooing services for $7-$10, and a variety of other styling options ranging from straight razor shaves to facials.
Franchise Opportunity
You want a great haircut, but don't want to spend a lot of time or money. It's no secret that getting a good haircut can be tough. You have to find the right barber, make an appointment, and hope they have time for you. Sport Clips is the solution. We offer high-quality haircuts at an affordable price in a comfortable environment with TVs playing your favorite sports games. Plus, we have a military discount for all active duty and retired military personnel.
Corporate Structure
Sport Clips, Inc. is a Texas corporation and was incorporated on July 13, 1995. Their principal address is 110 Briarwood, Georgetown, Texas 78628. Sport Clips, Inc. has sold franchises for the operation of retail stores known as “Sport Clips” since November 1995.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Beauty related services Industry

$76,752 / unit

Franchise Type: Standard

Average Revenue During 2020

$76,752
$76,752
Industry Low
$1,249,999
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Sport Clips Franchisees

Sport Clips Franchise System Development in 2022

FAQ

How much investment do I need to start my own Sport Clips business?
Franchisees typically require at least $276 to $463 investment to get their Sport Clips business started
What are the initial franchise fees for Sport Clips?
Franchisees typically need to pay at least $69 in fees directly to Sport Clips in order to earn the right to launch their business
How much money can I make with a Sport Clips franchise? What are the average revenues for a typical Sport Clips business?
We estimate that the average revenue of an individual Sport Clips unit is approximately $76,752. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Sport Clips unit? What is my contractual commitment?
Sport Clips franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

7 /10
The Franchisor's investment costs ranges from $276,800 to $463,000 which is Much Lower than the $0 to $0 average in the Beauty related services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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