The Year of the Franchise
As millions of Americans reevaluated their career paths in the past few years and decided they want to control their own fate by running their own business, 2022 has truly become the year of the franchise, and for most, the best time to jump into the franchise industry.
Indeed, the COVID pandemic reversed a decades-long decline in the pace of entrepreneurship. According to a report in Vox, a record 5.4 million Americans applied for business IDs in 2021, with 2022 on track to surpass that number.
Even Forbes magazine reported that as many businesses struggled during the pandemic, franchises thrived. For so many Americans who wanted to run their own business, they chose the franchise model, which offers so many advantages, such as a proven operating strategy, strong backing support and brand awareness.
“After nearly two years of economic uncertainty, more and more people are following their entrepreneurial dreams and taking control of their destiny through business ownership,” Forbes wrote. “As a result, interest in franchising is reaching an unprecedented high, and 2022 is set to be a year of major franchise growth.”
Salon Franchise Industry is Booming
The hair care and beauty industry has seen this same remarkable growth in the past few years. In the U.S. alone, the hair and beauty industry generated $64 billion in revenue in 2018, with the 50 largest salons accounting for about 15% of sales.
According to a report Trafft, the market could hit $87 billion by 2023!
“The hair care and beauty industry is dynamic and continues to grow at a rapid pace,” Trafft reported. “Consumers are always looking for the latest trends and the best hair care products and services. Their needs are always changing. In order to meet these demands, the hair industry continues to develop and evolve.”
Why Invest In Sport Clips?
All over the country, our franchisees are reporting their customers are restless to get back in the barber chair and reconnect with the people who have cut their hair for years. That’s why we believe Sport Clips is truly poised for a banner year in business and growth in 2022 and beyond.
But don’t just take our word for it – Sport Clips is consistently one of the highest ranked hair franchises among franchise industry experts.
Entrepreneur magazine ranked Sport Clips as the No. 24 best franchise to invest in for 2022 on its esteemed “Franchise 500” ranking, beating out hundreds of other franchises across a swath of other markets and industries. Entrepreneur highlighted the brand’s low initial investment costs, training & support program, recent growth, and ability for franchisees to scale up.
Top Franchise, one of the premier trackers in the franchise industry, also recently listed Sport Clips as one of the top 10 best haircut franchise businesses opportunities out there.
“For entrepreneurs looking to build a business, Sport Clips franchise is an easy-to-understand business model that’s simple to execute while offering something every guy needs,” Top Franchise wrote in its rankings. “Enjoy greater freedom and reach your personal and financial goals, growing a business on your terms that will always be in demand and has recurring revenue.”
Last but certainly not least, NerdWallet, the go-to spot for so many Americans and their business needs, recently reported Sport Clips was among the top hair salon franchises for 2022, pointing out Sport Clips has grown from about 50 stores in 1998 to now more than 1,800 locations across the U.S.
Sport Clips is here to support our franchisees as they grow their businesses, and that starts from the ground up.
From day one, Sport Clips has an entire team dedicated to helping our franchisees secure the right location, implementing GIS technology, as well as demographic and psychographic data. We also have long-term relationships with landlords and developers, which has a tremendous advantage in helping secure a location.
We also make a team of coaches available for you to utilize to train your managers and stylists, and outfit you with a comprehensive marketing strategy to make sure you reach customers in your community.
At the end of the day, you’ll have all the tools and support you need to master all the Sport Clips business fundamentals, including how to hire and develop a team, manage compensation, scheduling, and recruiting, understand team roles, use our technology to understand financials, market effectively, engage with your community, and much, much more!
Invest In The Hair Industry Today!
Hair care and beauty industry studies show customers are eager to get back to scheduled appointments after shutdowns temporarily closed salons and barbershops in the early days of the pandemic. Not surprisingly, nearly 80% of consumers said that regular salon and spa services are critical to regain a sense of normalcy as the world reopens.
This is exactly the case at Sport Clips. Founded in 1993, Sport Clips has grown to over 1,800 locations in North America and is the only hair cutting franchise to have a footprint in all 50 states.
If you’re ready to invest in a Sport Clips at this exciting time for franchising, fill out our form here and one of our team members will be in touch. We can’t wait to start a conversation with you!
GEORGETOWN, Texas Gordon Logan, Sport Clips Haircuts founder and chairman, received the International Franchise Association’s (IFA) 2021 William Rosenberg Foundation Leadership Award at its recent annual convention in San Diego. The honor is given to “an individual who has made a significant contribution to franchise education and to the IFA Foundation through research, teaching, fundraising or other activities or service.” Along with the honor Logan received during the meeting, Sport Clips Team Leader (franchisee) Jeremy Aydell was honored as Franchisee of the Year in the category of workforce development for the successful ways he supports the professional development of Sport Clips team members.
In a statement, IFA President and CEO Matt Haller said of Logan, “From his military service to his career in franchising, Gordon embodies servant leadership. Gordon is an entrepreneur with a vision who has grown an extraordinary business, and his eye is always focused on how he can give back and continue serving others.”
“I am humbled to be honored by the IFA and the IFA Foundation with this award, and included with so many of franchise’s greats,” Logan says. “But this really should go to the entire Sport Clips system. Our Haircuts with Heart philanthropic programs have supported veterans not only through the IFA Foundation’s VetFran program, but with over $10M for the VFW Sport Clips Help A Hero Scholarship program, the USO, Dream Flights, the Gratitude Initiative, the St. Baldrick’s Foundation, the Red Cross and so many other important charities.
“This is truly a testament to the dedication of our franchisees, thousands of our Team Members, our suppliers and of course our Clients. I thank you all from the bottom of my heart for helping us help so many deserving others.”
Along with the award Logan received during the meeting, Sport Clips Team Leader (franchisee) Jeremy Aydell, of French Settlement, Louisiana, received Franchisee of the Year honors saying, “I am so very thankful for leadership of Sport Clips and I’m proud to represent the brand. I am forever grateful for the opportunities being a Sport Clips franchisee has afforded me and those who work with my wife, Lori, and me. One of the most rewarding things in our business is giving someone the opportunity to better themselves both professionally and financially to help them succeed in their career and personal life.”
Sport Clips’ leadership in serving team members and veterans supports recent Oxford Economics Research that found the franchise business model offers entrepreneurial opportunities that would not otherwise be available, especially to women, people of color, and veterans.
To find out more about opportunities with Sport Clips Haircuts, visit SportClips.com, SportClipsFranchise.com or SportClipsJobs.com.
Learn more about the Sport Clips franchise opportunity
For in-depth details about the Sport Clips franchise opportunity, download our Free Franchise Opportunity Report. You can also learn more by visiting our research pages!
Marine Corps Veteran, Cheston Syma, owns 41 Sport Clips franchises across two states. In order to achieve his dreams as a franchise owner after leaving the military, Cheston worked as a security contractor for the Department of State at the U.S. Embassy in Baghdad, Iraq and Kabul, Afghanistan, where he spent the four years during a time of war in order to pay his business loan and personal bills. All the while, running the two Sport Clips from Iraq and Afghanistan.
CLICK HERE to visit the VetFran website and learn more about Cheston and how his experience as a Sport Clips Team Leader helps him serve again.
1851 signals out Edward Logan as one of the most influential people in franchising for 2022
Continuing to make waves in the franchise world, Sport Clips CEO and president Edward Logan was recently nominated as a top franchise influencer for 2022, and now is among a list of 175 industry professionals deserving of recognition.
This year, 1851 Franchise teamed up with SeoSamba to come up with the list of most influencing people in franchising.
“Franchising is a big world, and it’s only getting bigger. Still, it’s a community, and a fairly close-knit community at that,” 1851 Franchise wrote. “That’s why it’s essential for everyone in the industry to know who’s who.”
And it’s not hard to see why Sport Clips’ Logan made the list.
Logan leads the largest franchise dedicated to men’s and boy’s hair care in the nation, with a footprint in every state, and was named president and CEO in 2020 to oversee the franchise founded by his father, Gordon Logan.
But to be sure, Logan has put in his dues since joining Sport Clips in 2010. Through sheer hard work and dedication, Logan has worked his way up the ladder the last 11 years, from managing one store to being an essential part of the company’s unprecedented growth. Under his tenure, Sport Clips has grown from 700 stores in 2010 to nearly 2,000 stores as of 2022.
Through it all, Logan has navigated the pandemic, and has planned for the future of the company through the Team Leader Advisory Council and Area Developer Council, which places a point of emphasis on recruitment, training, innovative technology and services.
And, most importantly, Logan has never forgotten the sense of philanthropy the company was founded on, as Sport Clips continues to better the lives of veterans through the VFW Foundation for Help A Hero Scholarships. Recently, the company has donated $1.55 million to veterans and service members through the program.
These days, Sport Clips is uniquely positioned to thrive in the wake of the pandemic as Americans across the country realize how important salon and spa services are to everyday life. Indeed, 80% of consumers say salon and spa services are one of the most significant factors in regaining a sense of normalcy, which has led to the industry being named one of the hottest categories for 2022.
As a result, Sport Clips is poised for a banner year.
“Sport Clips is stronger than ever before,” says Edward Logan, CEO of Sport Clips. “We’ve proven that a Sport Clips can be not only recession-resistant, but also pandemic-resistant. This is a very stable business with a straightforward business model. Now is a great time to invest in Sport Clips because as we head into 2022, 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.”
Ready to start your next chapter as a Sport Clips Team Leader?
If you’re interested in learning more about the Sport Clips franchise opportunity, simply fill out an inquiry form on this website and a member of our team will be in touch with you shortly. We can’t wait to learn more about you!