While some companies struggled to maintain growth during the pandemic, Sport Clips Haircuts has stayed strong through temporary closures to earn the respect and recognition of its peers by ranking in the top 20 of Entrepreneur “Franchise 500.”
Entrepreneur recognizes franchises in its ranking for exceptional performance in areas including financial strength and stability, brand strength, size and growth, costs and fees, and support. We jumped up 20 places in 2020 to be ranked number 17 in 2021.
Jim Atkinson, Sport Clips vice president of franchise development, said, “We are delighted to be recognized by Entrepreneur, as this is a real testament to all the efforts our support team put forth to sustain the system through unprecedented times, save stores, and further collaborate with our franchisees and advisory council members.”
Our new ranking with Entrepreneur reminds us that a thoughtful approach, teamwork, and commitment pay off. Additionally, Sport Clips ranked as the #60 franchise in this year’s Franchise Direct’s “Top 100 Global Franchises”, as well as ranking #9 in Franchise Gator’s Top 100 Franchises list.
Navigating Uncharted Territory with Franchisees
Since our inception in 1993, we’ve worked to become a strong, success-oriented franchise network with a high-quality support team focused on unit-level success. We were committed to working hand-in-hand during the pandemic—often virtually—to navigate the uncharted territory we faced in 2020. We believe we have come through it stronger than we have ever been.
A significant part of our success during pandemic-related closures was franchisees and team members adapting to the ever-changing environment to serve our valued clients in a safe, sanitary, and efficient setting. Maintaining a “Championship Haircut Experience” was also part of our success plan.
Edward Logan, Sport Clips president and CEO, said, “We recognized early in 2020, when the degree of disruption about to occur became clear, that those who handle the rapid change with the most complete approach will grow and accelerate faster than others and be in a better competitive position moving into the future.”
Continued Recognition for Growth & Increased Sales
Because we made sure to have a solid plan in place during and after temporary closures, Sport Clips was able to continue expanding our reach and getting recognized for it. We ranked the number 60 franchise in Franchise Direct’s 2021 “Top 100 Global Franchises.” This ranking focuses explicitly on sales revenue, growth, franchising years, corporate citizenship, and more.
As the first hair franchise or beauty salon business with a presence in all 50 states, we continue to exceed expectations and make our presence known. With over 1,800 locations across North America, we are primed to continue growing even as we see a potential second wave of the pandemic this year.