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General

Industry

Health and Beauty

Category

Barbershop

Works with Franchise Brokers

Yes

Year of Founding

1995

Fees

Marketing Fee

Varies

Royalty Fee

6%

Franchise Fee

$25,000-$59,500

Investment Range

$246K-$395K

Location units

Total U.S. Locations

1838

U.S. Franchised Units

1768

U.S. Corporate Units

70

Headquarters (City)

Georgetown

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

Yes

Started Offering Franchises

1995

Issuance of FDD Data

04/01/2021

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$246K-$395K

Franchise Fee

$25,000-$59,500

What to know about Sport Clips franchise?

Sport Clips is a hair salon chain specifically for men and boys. Sport Clips offers haircuts in a sports-themed environment. Services vary by location, but generally include basic haircuts, fades, and more. Sport Clips is headquartered in Georgetown, Texas. The company was founded in 1993 by Edward Logan. Sport Clips is staffed with professional stylists who are experienced in cutting men's hair. Sport Clips stylists are up-to-date on the latest trends and styles and can provide advice on what would look best for each client. Sport Clips offers a variety of services beyond haircuts, including beard trims, shampooing, and color services. Sport Clips is also a place where men can relax and watch sports on TV while they wait for their turn in the chair.

Sport Clips is based in Georgetown, TX. Scroll down to learn more!

How much does a Sport Clips franchise cost?

Are you wondering how much is a Sport Clips franchise? Before starting a Sport Clips franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Sport Clips franchise is $246,300 and can go all the way up to $394,500. Keep in mind, you should also allocate additional funds to live off of while the Sport Clips business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Sport Clips franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Sport Clips business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Sport Clips franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Sport Clips. Hotels to the Barbershop, Outdoor Health and Beauty industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 1423 131 2 1552
2017 1552 125 10 1644
2018 1644 87 15 1703
2019 1703 61 14 1750
2020 1750 54 36 1768

Additional Details

How much does a Sport Clips franchise owner make?

Sport Clips franchise earnings and revenue can vary significantly from one franchisee to another.
The Sport Clips franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Sport Clips discloses financials at the unit level. In other words, they show how much Sport Clips franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Sport Clips franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Sport Clips. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Sport Clips owners were making.

Visit the Sport Clips metrics tab to explore the financials for this business.

What is the Sport Clips franchise fee?

Owning a Sport Clips franchise requires 6% royalty fee and Varies marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Sport Clips Franchise Disclosure Document

Keep in mind, there is also an initial Sport Clips franchise fee of $25,000 that is included in the initial investment amount of $246,300 to $394,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Sport Clips franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Sport Clips franchise fee of $25,000.

Visit the Sport Clips metrics tab to explore the financials for this business, royalty and marketing fees compare to other Health and Beauty franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Sport Clips founded?

Sport Clips started offering franchises in 1995. Sport Clips was founded 27 years ago in 1995.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Sport Clips locations are in the U.S.?

As of 2021, there were 1768 locations across the U.S. There are also 70 corporate locations. Most Health and Beauty franchises like Sport Clips have more franchised locations than corporate locations.

How many Sport Clips franchises opened over the past few years?

Over the prior 3 years we have data for, Sport Clips has opened 202 outlets throughout the U.S. Visit the Sport Clips metrics tab to explore how the openings compare to other Health and Beauty franchises.

How many Sport Clips franchises closed over the past few years?

Over the prior 3 years we have data for, Sport Clips has closed 65 outlets throughout the U.S

Visit the Sport Clips metrics tab to explore how the openings compare to other Health and Beauty franchises.

Is Sport Clips growing? Are they opening more locations than they are closing?

The net unit growth rate for Sport Clips over the past 3 years is 8%. Over the last year we have data for, Sport Clips had a net unit growth rate of 1%.

Without a comparison, this number doesn’t mean much. Compare how the Sport Clips growth rate compares to 2,000+ other franchises and Industry franchises like Sport Clips. More info in the Sport Clips metrics tab.

Is Sport Clips franchise eligible for an SBA Loan?

Sport Clips is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Sport Clips franchise was assigned the SBA Franchise ID of S2521 on 01/30/2018. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Sport Clips that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Sport Clips a franchise in the United States?

According to the SBA, Sport Clips meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Sport Clips provides you with an FDD if you are in discussion to buy a Sport Clips.

What is the Sport Clips Franchise for Sale Rate?

The Sport Clips systemwide health and franchisee satisfaction can be measured by the Sport Clipsfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Sport Clips franchise for sale rate over the past 3 years is 19%. Over the last year we have data for, Sport Clips had a franchise for sale rate of 6%.

Without a comparison, this number doesn’t mean much. Compare how the Sport Clips franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Sport Clips. More info in the Sport Clips metrics tab.

What is the Sport Clips Franchise Failure Rate?

Sport Clips franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Sport Clips failure rate over the past 3 years is 4%. Over the last year we have data for, Sport Clips had a franchise failure rate of 2%.

Without a comparison, this number doesn’t mean much. Compare how the Sport Clips franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Sport Clips. More info in the Sport Clips metrics tab.

How can I find out more details on Sport Clips franchise?

Visit the Sport Clips metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Sport Clips

$320,400

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Sport Clips

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Sport Clips

$42,250

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

Unlocked Vetted Member Access

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlocked Vetted Member Access

General

Industry

Health and Beauty

Category

Barbershop

Works with Franchise Brokers

Yes

Year of Founding

1995

Fees

Marketing Fee

Varies

Royalty Fee

6%

Franchise Fee

$25,000-$59,500

Investment Range

$246K-$395K

Location units

Total U.S. Locations

1838

U.S. Franchised Units

1768

U.S. Corporate Units

70

Headquarters (City)

Georgetown

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

Yes

Started Offering Franchises

1995

Issuance of FDD Data

04/01/2021

Detailed Franchise metrics for Sport Clips

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Sport Clips below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Sport Clips

1%

8%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Sport Clips

6%

19%

Industry median

All franchises median

Unlock Vetted Member Access

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Sport Clips

1%

4%

Industry median

All franchises median

Unlock Vetted Member Access

Business details

Website

http://www.sportclips.com/

Business email

**********@******.com

Mailing address

110 Sport Clips Way

State headquarters

Texas

Contact Name

Sport Clips

Phone

+1 (000) 0********00

City

Georgetown

Zip code

78628
Name Email State City Zip Code

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