Submit
Feedback

General

Industry

-

Category

Health and Beauty

SBA Identifier

S2521

Year of Founding

1995

Fees

Marketing Fee

5%

Royalty Fee

6%

Franchise Fee

$25,000-$59,500

Investment Range

$246K-$341K

Location units

Total U.S. Locations

1838

U.S. Franchised Units

1768

U.S. Corporate Units

70

Headquarters (City)

TX

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

1995

Issuance of FDD Data

04/01/2021

What to know about Sport Clips franchise?

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.

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 Sport Clips franchise fee ($42,250) 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 $340,500. 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

Take Our Quiz

Industry Report Request

Download our guide to compare Sport Clips. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total 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 a 6% royalty fee and a 5% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Sport Clips franchise fee of $42,250 that is included in the initial investment amount of $246,300 to $340,500. 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 $42,250.

Visit the Sport Clips metrics tab to explore how the franchise, 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 was founded 27 years ago in 1995. Sport Clips started offering franchises 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 Issuance of 2021, there were 1768 Sport Clips locations owned and operated by franchisees across the U.S. There are also 70 corporate locations owned and operated by Sport Clips. 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 closures compare to other Health and Beautyfranchises.

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 Health and Beauty 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 1/30/2018. 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.

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 Clips franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Sport Clips 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 Health and Beauty 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 failure rate compares to 2,000+ other franchises and Health and Beauty 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 for exclusive access on this franchise opportunity!

You May Also Be Interested In
View More >
Food and Beverage, Pizza
Jim’s Pizza
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Food and Beverage, Pizza
Jimano’s Pizzeria
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jimboys Tacos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jaliscos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More

General

Industry

-

Category

Health and Beauty

SBA Identifier

S2521

Year of Founding

1995

Fees

Marketing Fee

5%

Royalty Fee

6%

Franchise Fee

$25,000-$59,500

Investment Range

$246K-$341K

Location units

Total U.S. Locations

1838

U.S. Franchised Units

1768

U.S. Corporate Units

70

Headquarters (City)

TX

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

1995

Issuance of FDD Data

04/01/2021

Franchise Fee Midpoint

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

 

1 year

3 years

Sport Clips

3%

2%

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2021)

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 premium content

Franchise for Sale Rate

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

 

1 year

3 years

Sport Clips

6%

20%

Industry median

All franchises median

Unlock premium content

You May Also Be Interested In
View More >
Food and Beverage, Pizza
Jim’s Pizza
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Food and Beverage, Pizza
Jimano’s Pizzeria
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jimboys Tacos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jaliscos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More

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

$293,400

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Sport Clips

6%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

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

 

1 year

3 years

Sport Clips

3%

2%

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

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

Unlock premium content

News
Activity
All
Recent
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
1-10 of 68 items
show

Business details

Company name

-

Business email

-

Mailing address

110 Sport Clips Way

State headquarters

Texas

Key leadership

Sport Clips

Phone

+1 (000) 000-00-00

City

Georgetown

Zip code

78628

Franchises for Sale

274 offers are available now
Name Email State City Zip code
Barajas Inc. Arizona Chandler 85225 Info
Lowest Rate Insurance Services LLC California Lake Elsinore 92532 Info
Gator Insurance Agency, Inc. Florida Boca Raton 33428 Info
EGA Texas Haltom City 76117 Info
Mesa: Scott Glascock Arizona Phoenix 85032 Info
Bay Area: Perry Harmon California Berkeley 510-900-5400 Info
All county Boulder: Simon Heart Colorado Boulder 80301 Info
All county Advance: Hon Wong and Scott McPherson Florida Clearwater 33765 Info
Lisa Conger North Carolina Gastonia 28056 Info
Body20_Jacksonville Beach Florida Jacksonville Beach 32250 Info
Zack Moliver Florida Boca raton 33432 Info
Frank Crowley Florida Pinecrest 33156 Info
Adam Phillips South Carolina Mount Pleasant 29464 Info
T4 Grooming, LLC Texas Tomball 14215 Info
Wes & Jim, LLC Texas Austin Info
Galloway Services, LLC Texas College Station Info
DMH JYJ Ventures, LLC Texas Spring Info
SLTX Enterprises, LLC Texas Huntsville Info
Barajas Inc. Arizona Chandler 85225 Info
Lowest Rate Insurance Services LLC California Lake Elsinore 92532 Info

Share link

Or

Filters

Business Name

Industry

Investment amount




Delete Listing

*

Support Form

Please fill out the form below with any technical issues, questions or feedback you might have.

Menu

Submit Feedback