Top 100 Franchises
2016
The haircutting industry is worth nearly $50 billion, but the majority of hair salon franchises are tailored towards women. SPORT CLIPS is designed to fill a niche in the hair industry by providing great haircutting experiences for men, including an exciting sports-themed environment where customers can watch sports while getting their hair cut. This innovative concept has made Sport Clips a highly successful, fast-growing franchise opportunity, with more than 1,500 locations in all 50 states and Canada. Since 1993, the SPORT CLIPS team of experts has refined every aspect of the franchise, and it has paid off; SPORT CLIPS is consistently awarded accolades as one of the top franchise opportunities, including Entrepreneur magazine's Top 50 fastest growing franchises and Forbes ranks Sport Clips as one of the Top 5 Best Franchises to Buy.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2014 | 1,272 | 13.27% | 32 | 14.29% | 1,304 | 13.29% |
| 2013 | 1,123 | 15.06% | 28 | 12.0% | 1,151 | 14.99% |
| 2012 | 976 | -- | 25 | -- | 1,001 | -- |
Investment Required
The fee for a SPORT CLIPS franchise is $59,500 for a multi-unit agreement or $25,000 for a single unit agreement. SPORT CLIPS provides the following range of investments required to open your initial license. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $25,000 | $59,500 |
| Expenses While Training | $1,000 | $2,000 |
| Opening Inventory | $4,000 | $6,000 |
| Fixtures and Equipment | $35,000 | $45,000 |
| Leasehold Improvements | $35,000 | $100,000 |
| Supplemental Services Fee | $3,000 | $5,000 |
| Professional Fees | $1,000 | $5,000 |
| Permits and Licenses | $1,000 | $3,500 |
| Lease Deposit | $0 | $5,000 |
| Signage | $4,000 | $8,000 |
| Miscellaneous Opening Costs | $3,000 | $5,000 |
| Insurance | $1,300 | $2,500 |
| Grand Opening Advertising | $30,000 | $30,000 |
| Additional Funds (6 Months) | $25,000 | $50,000 |
| Total Initial Investment | $168,300 | $326,500 |
*Except for the initial franchise fee (which reflects the cost for up to 3 stores), the amounts in the chart above reflect the estimated cost to open one store.
Ongoing Expenses
SPORT CLIPS franchisees pay royalty fees equal to 6% of net sales, weekly advertising fees equal to the greater of 5% of net sales or $300, and a weekly local advertising co-op fee of up to $300. Other fees payable by the franchisee include a weekly training fee and a monthly computer software maintenance fee.
What You Get: Training and Support
Initial training begins with comprehensive classroom and on-the-job instruction at corporate headquarters in Georgetown, TX, and covers all facets of running a SPORT CLIPS business: business operations, team development, marketing, and SPORT CLIPS standards. Franchisees also receive hands-on training at their area developer's pilot store. Sport Clips continues to support franchisees after store opening with ongoing training and responsive phone support. Sport Clips provides local, regional, and national advertising programs, and partners with national and local sports teams and NASCAR to promote individual store locations.
Territory
Sport Clips grants exclusive territories only for the initial five-year term of the franchise agreement.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2015 FDD.
2015
The haircutting industry is worth nearly $50 billion, but the majority of hair salon franchises are tailored towards women. SPORT CLIPS is designed to fill a niche in the hair industry by providing great haircutting experiences for men, including an exciting sports-themed environment where customers can watch sports while getting their hair cut. This innovative concept has made Sport Clips a highly successful, fast-growing franchise opportunity, with more than 1,200 locations in 45 states. Since 1993, the SPORT CLIPS team of experts has refined every aspect of the franchise, and it has paid off; SPORT CLIPS is consistently awarded accolades as one of the top franchise opportunities, including Entrepreneur magazine's Top 50 fastest growing franchises and Forbes ranks Sport Clips as one of the Top 5 Best Franchises to Buy.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2013 | 1,123 | 15.06% | 28 | 12.0% | 1,151 | 14.99% |
| 2012 | 976 | 19.17% | 25 | 13.64% | 1,001 | 19.02% |
| 2011 | 819 | -- | 22 | -- | 841 | -- |
Investment Required
The fee for a SPORT CLIPS franchise is $59,500. SPORT CLIPS provides the following range of investments required to open your initial license. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $25,000 | $59,500 |
| Expenses While Training | $1,000 | $2,000 |
| Opening Inventory | $4,000 | $6,000 |
| Fixtures and Equipment | $35,000 | $45,000 |
| Leasehold Improvements | $35,000 | $100,000 |
| Supplemental Services Fee | $3,000 | $5,000 |
| Professional Fees | $1,000 | $5,000 |
| Permits and Licenses | $1,000 | $3,500 |
| Lease Deposit | $0 | $5,000 |
| Signage | $4,000 | $8,000 |
| Miscellaneous Opening Costs | $3,000 | $5,000 |
| Insurance | $1,300 | $2,500 |
| Grand Opening Advertising | $20,000 | $20,000 |
| Additional Funds (6 Months) | $25,000 | $50,000 |
| Total Initial Investment | $158,300 | $316,500 |
*Except for the initial franchise fee (which reflects the cost for 3 stores), the amounts in the chart above reflect the estimated cost to open one store.
Ongoing Expenses
SPORT CLIPS franchisees pay royalty fees equal to 6% of net sales, weekly advertising fees equal to the greater of 5% of net sales or $300, and a weekly local advertising co-op fee of up to $300. Other fees payable by the franchisee include a weekly training fee and a monthly computer software maintenance fee.
What You Get: Training and Support
Initial training begins with comprehensive classroom and on-the-job instruction at corporate headquarters in Georgetown, TX, and covers all facets of running a SPORT CLIPS business: business operations, team development, marketing, and SPORT CLIPS standards. Franchisees also receive hands-on training at their area developer's pilot store. Sport Clips continues to support franchisees after store opening with ongoing training and responsive phone support. Sport Clips provides local, regional, and national advertising programs, and partners with national and local sports teams and NASCAR to promote individual store locations.
Territory
Sport Clips grants exclusive territories only for the initial five-year term of the franchise agreement.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2014 FDD.
2014
The haircutting industry is worth nearly $50 billion, but the majority of hair salon franchises are tailored towards women. SPORT CLIPS is designed to fill a niche in the hair industry by providing great haircutting experiences for men, including an exciting sports-themed environment where customers can watch sports while getting their hair cut. This innovative concept has made Sport Clips a highly successful, fast-growing franchise opportunity, with more than 1,200 locations in 45 states. Since 1993, the SPORT CLIPS team of experts has refined every aspect of the franchise, and it has paid off;SPORT CLIPS is consistently awarded accolades as one of the top franchise opportunities, including Entrepreneur magazine's Top 50 fastest growing franchises and The Wall Street Journal Start Up's Top 25 Performers.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2012 | 976 | 19.17% | 25 | 13.64% | 1,001 | 19.02% |
| 2011 | 819 | 12.35% | 22 | 4.76% | 841 | 12.13% |
| 2010 | 729 | -- | 21 | -- | 750 | -- |
Investment Required
The fee for a SPORT CLIPS franchise is $49,500. SPORT CLIPS provides the following range of investments required to open your initial license. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $25,000 | $49,500 |
| Expenses While Training | $1,000 | $2,000 |
| Opening Inventory | $4,000 | $6,000 |
| Fixtures and Equipment | $35,000 | $45,000 |
| Leasehold Improvements | $35,000 | $100,000 |
| Supplemental Services Fee | $3,000 | $5,000 |
| Professional Fees | $1,000 | $5,000 |
| Permits and Licenses | $1,000 | $3,500 |
| Lease Deposit | $0 | $5,000 |
| Signage | $4,000 | $8,000 |
| Miscellaneous Opening Costs | $3,000 | $5,000 |
| Insurance | $1,300 | $2,500 |
| Opening Advertising | $20,000 | $20,000 |
| Additional Funds (3 Months) | $25,000 | $50,000 |
| Total Initial Investment* | $158,300 | $306,500 |
*Except for the initial franchise fee (which reflects the cost for 3 stores), the amounts in the chart above reflect the estimated cost to open one store.
Ongoing Expenses
SPORT CLIPS franchisees pay royalty fees equal to 6% of net sales, weekly advertising fees equal to the greater of 5% of net sales or $300, and a weekly local advertising co-op fee of up to $300. Other fees payable by the franchisee include a weekly training fee and a monthly computer software maintenance fee.
What You Get: Training and Support
Initial training begins with comprehensive classroom and on-the-job instruction at corporate headquarters in Georgetown, TX, and covers all facets of running a SPORT CLIPS business: business operations, team development, marketing, and SPORT CLIPS standards. Franchisees also receive hands-on training at their area developer's pilot store. Sport Clips continues to support franchisees after store opening with ongoing training and responsive phone support. Sport Clips provides local, regional, and national advertising programs, and partners with national and local sports teams and NASCAR to promote individual store locations.
Territory
Sport Clips grants exclusive territories only for the initial five-year term of the franchise agreement.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2013 FDD.
2013
The haircutting industry is worth nearly $50 billion, but the majority of hair salon franchises are tailored towards women. Sport Clips is designed to fill a niche in the hair industry by providing great haircutting experiences for men, including an exciting sports-themed environment where customers can watch sports while getting their hair cut. This innovative concept has made Sport Clips a highly successful, fast-growing franchise opportunity, with more than 820 locations in 38 states.
Since 1993, the Sport Clips team of experts has refined every aspect of the franchise, and it has paid off—Sport Clips is consistently awarded accolades as one of the top franchise opportunities, including Entrepreneur magazine's Top 50 fastest growing franchises and The Wall Street Journal Start Up's Top 25 Performers.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2011 | 819 | 12.35% | 22 | 4.76% | 841 | 12.13% |
| 2010 | 729 | 12.15% | 21 | 10.53% | 750 | 12.11% |
| 2009 | 650 | -- | 19 | -- | 669 | -- |
Investment Required
The fee for a Sport Clips franchise is $49,500. Sport Clips provides the following range of investments required to open your initial license. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $25,000 | $49,500 |
| Expenses While Training | $1,000 | $2,000 |
| Opening Inventory | $4,000 | $6,000 |
| Fixtures and Equipment | $35,000 | $45,000 |
| Leasehold Improvements | $35,000 | $100,000 |
| Supplemental Services Fee | $3,000 | $5,000 |
| Professional Fees | $1,000 | $5,000 |
| Permits and Licenses | $1,000 | $3,500 |
| Lease Deposit | $0 | $5,000 |
| Signage | $4,000 | $8,000 |
| Miscellaneous Opening Costs | $3,000 | $5,000 |
| Insurance | $1,300 | $2,500 |
| Opening Advertising | $20,000 | $20,000 |
| Additional Funds (3 Months) | $25,000 | $50,000 |
| Total Initial Investment* | $158,300 | $306,500 |
*Except for the initial franchise fee (which reflects the cost for 3 stores), the amounts in the chart above reflect the estimated cost to open one store.
Ongoing Expenses
Sport Clips franchisees pay royalty fees equal to 6% of net sales, weekly advertising fees equal to the greater of 5% of net sales or $300, and a weekly local advertising co-op fee of up to $300. Other fees payable by the franchisee include a weekly training fee and a monthly computer software maintenance fee.
What You Get: Training and Support
Initial training begins with five days of comprehensive classroom and on-the-job instruction at corporate headquarters in Georgetown, TX, and covers all facets of running a Sport Clips business: business operations, team development, marketing, and Sport Clips standards. Franchisees also receive one week of hands-on training at their store location. Sport Clips continues to support franchisees after store opening with ongoing training and responsive phone support. Sport Clips provides local, regional and national advertising programs, and partners with national and local sports teams and NASCAR to promote individual store locations.
Territory
Sport Clips grants exclusive territories only for the initial five-year term of the franchise agreement.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2012 FDD.
2012
The haircutting industry is worth nearly $50 billion, but the majority of hair salon franchises are tailored towards women. Sport Clips is designed to fill a niche in the hair industry by providing great haircutting experiences for men, including an exciting sports-themed environment where customers can watch sports while getting their hair cut. This innovative concept has made Sport Clips a highly successful, fast growing franchise opportunity, with more than 820 locations in 38 states.
Since 1993, the Sport Clips team of experts has refined every aspect of the franchise, and it has paid off—Sport Clips is consistently awarded accolades as one of the top franchise opportunities, including Entrepreneur magazine's Top 50 fastest growing franchises and The Wall Street Journal Start Up's Top 25 Performers.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2010 | 729 | 12.15% | 21 | 10.53% | 750 | 12.11% |
| 2009 | 650 | 6.56% | 19 | 46.15% | 669 | 7.38% |
| 2008 | 610 | -- | 13 | -- | 623 | -- |
Investment Required
The fee for a Sport Clips franchise is $25,000. Sport Clips provides the following range of investments required to open your initial license. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $25,000 | $25,000 |
| Expenses While Training | $1,000 | $2,000 |
| Opening Inventory | $4,000 | $6,000 |
| Fixtures and Equipment | $35,000 | $45,000 |
| Leasehold Improvements | $35,000 | $100,000 |
| Supplemental Services Fee | $3,000 | $5,000 |
| Professional Fees | $1,000 | $5,000 |
| Permits and Licenses | $1,000 | $3,500 |
| Lease Deposit | $0 | $5,000 |
| Signage | $4,000 | $8,000 |
| Miscellaneous Opening Costs | $3,000 | $5,000 |
| Insurance | $1,200 | $2,400 |
| Opening Advertising | $15,000 | $15,000 |
| Additional Funds (3 Months) | $25,000 | $50,000 |
| Total Initial Investment | $153,200 | $276,900 |
Ongoing Expenses
Sport Clips franchisees pay royalty fees equal to 6% of net sales, weekly advertising fees equal to the greater of 5% of net sales or $300, and a weekly local advertising co-op fee of up to $300. Other fees payable by the franchisee include a training fee equal to the greater of 1% of net sales or $55 per week, a monthly computer software maintenance fee of $30, and meeting registration fees not to exceed $1,000 during the term of the franchise agreement.
What You Get: Training and Support
Initial training begins with five days of comprehensive classroom and on-the-job instruction at corporate headquarters in Georgetown, TX, and covers all facets of running a Sport Clips business: business operations, team development, marketing and Sport Clips standards. Franchisees also receive one week of hands-on training at their store location. Sport Clips continues to support franchisees after store opening with ongoing training and responsive phone support. Sport Clips provides local, regional and national advertising programs, and partners with national and local sports teams and NASCAR to promote individual store locations.
Territory
Sport Clips grants exclusive territories only for the initial five-year term of the franchise agreement.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2011 FDD.
