Your Investment Goes Far with a Sport Clips Franchise

In the realm of franchise investments, affordability often seems like an elusive dream. Many potential entrepreneurs are deterred by the high upfront costs associated with launching a franchise. However, there’s a game-changer in the world of franchising—Sport Clips presents an unparalleled opportunity for those seeking a lower-cost franchise investment. Explore the affordability of investing in a Sport Clips franchise, what this investment covers, and why Sport Clips is the perfect choice for aspiring entrepreneurs.

According to Future Market Insights, the global salon services market is undeniably thriving, with a current valuation of $233.8 billion in 2023. What makes this industry even more enticing for entrepreneurs is its projected growth. With an anticipated Compound Annual Growth Rate (CAGR) of 7.46%, the salon services market promises a promising and prosperous future. This growth trajectory aligns perfectly with the opportunities offered by franchising with Sport Clips, positioning it as an ideal choice for entrepreneurs seeking to capitalize on the upward trajectory of the salon services industry.

When it comes to franchise investments, Sport Clips stands out for its affordability, especially when you consider the quality that comes with it. The estimated total investment to open one new Sport Clips franchise ranges from $266,300 to $439,500. This figure includes everything you need to kickstart your franchise journey, making it a comprehensive and budget-friendly investment option.

What’s Included in the Total Investment Cost?

The total investment for a Sport Clips franchise covers a wide range of essential components to ensure your business gets off to a strong start. The initial Franchise Fee to franchise with Sport Clips is $69,500, which grants you access to our proven business model, one of the most comprehensive training and ongoing support platforms in the industry, and all the tools, resources, and coaching necessary for development. This fee also covers your first three licenses. If you decide to expand and add more than the first three licenses, each additional license comes with a $15,000 franchise fee.

Build out costs include expenses related to the physical setup of your Sport Clips salon. From construction to interior design, this category ensures your salon provides the perfect environment for the ultimate MVP experience. Building a customer base is also crucial for any new business. Sport Clips includes marketing expenses for your Grand Opening, ensuring that you have the visibility and outreach needed to attract and retain customers from day one.

The working capital allocation is particularly vital during the early stages of your franchise. It provides financial cushioning for up to six months, allowing you to navigate any unforeseen challenges and establish a strong operational foundation.

Access to Financing through Third-Party Lenders

While Sport Clips doesn’t directly offer financing, we understand that securing the necessary funds is a critical step in your franchising journey. That’s why we’ve established relationships with third-party lenders who specialize in franchise financing. These trusted partners can help you navigate the financing process, making it easier to obtain the funds needed to invest in a Sport Clips franchise. Our commitment to your business extends to assisting you in securing the financial resources required to bring your franchise dream to life.

Why Choose Sport Clips Franchise?

Sport Clips offers more than just an affordable franchise investment, it provides a complete package of support, training, and resources that are second to none. “Sport Clips is stronger than ever before,” says Edward Logan, CEO of Sport Clips. “We’ve proven that we’re not only recession-resistant, but we’re also pandemic-resistant. This is a very stable business with steady cash flow and straightforward business model. Now is a great time to invest in Sport Clips. We’re excited about the great real estate opportunities that exist right now, as well as the disruption of client behavior. As people change their buying behavior and their habits, the brands that go out and capture those clients are going to win an outsize market share. That’s going to be us because that’s how we’re thinking.”

With Sport Clips, you’re not starting from scratch. You’re joining a franchise system with a proven business model that empowers store managers to handle the day-to-day operations while you work on building the overall business. Our business model has been meticulously designed and refined to maximize your chances of return on your investment. Once you’re up and running, our network of franchisees is known for its willingness to collaborate and share insights, providing a support system that’s invaluable on your franchising journey.

Make the Most of Your Franchise Investment with Sport Clips

At Sport Clips, we’re dedicated to helping you make your entrepreneurial dreams a reality. We leave no stone unturned in providing you with the tools, resources, and support required to build a thriving franchise. With our third-party lender relationships, securing financing becomes a more accessible step in your path to ownership. Check out our research pages here to learn more about the benefits you’ll receive as a Sport Clips franchise owner.

Join us at Sport Clips, where affordability meets excellence, and together, we’ll embark on an exciting journey toward franchise excellence. When you’re ready for the next step toward owning a Sport Clips franchise, fill out our inquiry form here. Your affordable path to franchise ownership begins today.

Melissa and Todd Bains

When Todd Bains walks into one of his Sport Clips Haircuts locations, he gets to work. He vacuums, cleans, and makes sure stylists’ stations are prepared before each client takes a seat. Even though a Sport Clips franchise is an owner/investor model where stylists practice their craft, Todd, as the franchisee, still wants to show the haircare professionals he employs that he’s a team member, too.

Todd and his wife Melissa own 10 Sport Clips locations in two states. Prior to investing in Sport Clips, Todd was with a local car dealership for 15 years. During that time, the couple also started a local pet resort where they learned the ins and outs of owning and operating a business that included developing their own systems, policies, and procedures.

Culture and Leadership

When comparing the benefits of being a franchisee to starting and building a business on your own, Todd believes it comes down to culture and leadership.

“At Sport Clips, you have a family that truly supports you,” Todd states. “They already have the wheel invented…you don’t have to look for vendors, POS systems, etc. And the training is something you can really lean on.”

Building and maintaining culture is key in each of the Bains’ Sport Clips locations. They have grown their franchise investment by acquiring previously owned stores, so in the first 90 days they make sure nothing changes from the previous ownership. He uses this opportunity to observe and to establish trust with the team. Todd then sits down with the store managers one-on-one to see what they like and dislike about store operations. He interviews the team members, asking questions and easing them into any changes.

Todd says the key to what makes Sport Clips unique is the experience.

“If we’re not giving that experience to our clients and team members,” he explains, “we’re just another haircut place.”

Todd and Melissa strive to do much more than just the minimum in running their locations to ensure their Sport Clips stores are places where team members want to come to work. “By changing the culture for the team members, you change the culture for your clients as well,” he says.

No one left behind

The two mottos the Bains have for their Sport Clips teams this year are “have fun” and “no one left behind.” Together, they ensure team members receive the attention they need, talk with them to set both family and personal goals, and reward top performers. Through these intentional actions, Todd is seeing positive impact on retention in his stores. They host dress-up days in the stores and reward team members through Sport Clips’ new THNKS recognition program, that offers gifts of coffee, movie tickets, and other items that let stylists know they’re appreciated. They also use pep rallies and special training events to equip and encourage staff as the “pros in men’s hair.”

The Bains are just one of the many examples of Sport Clips team leaders who cultivate culture, build community, and live out the Sport Clips values of “Do What’s Right, Do Your Best, and Treat Others the Way They Want to Be Treated.” If you’d like to be a part of a values-based franchise system where the culture, training, and support are key, visit our research pages here or make a request for more information today.