Sport Clips and the Franchise Times Top 500
The awards keep coming. Sport Clips recently ranked atop The Franchise Times Top 500, marking another year of strong, continued growth. The Franchise Times Top 500 is an exclusive annual ranking of the 500 largest U.S.-based franchise systems. Over the course of five months, The Franchise Times researches and investigates each franchise’s operating systems, resulting in one of the most credible and objective franchise rankings out there. Now, The Franchise Times Top 500 is considered the gold standard for aspiring entrepreneurs researching which franchise systems are best bet investments.
Rising to the top is Sport Clips, the premiere haircut salon for men and boys. Sport Clips placed No. 128 on The Franchise Times Top 500, up 11 spots from last year!
“We are honored to be recognized by The Franchise Times as one of the top performing franchise systems in the U.S.,” 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, because as we head into 2023, 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.”
The Top Men’s Hair Salon Franchise
There’s simply no bigger name in men and boys’ hair care than Sport Clips, which has grown to more than 1,850 locations since it was founded in 1993. The Sport Clips business model encourages Team Leaders to work on – and not in – their business, which allows them to focus on creating a family-like culture, empowering their team, growing their business, implementing marketing strategies, and taking care of back-end administrative duties. With a store manager taking care of the day-to-day operation, it just doesn’t get any more straightforward than that! By freeing up our Team Leaders time to concentrate their efforts on growth, Sport Clips has emerged as the perfect investment for multi-unit ownership. In fact, many of our Team Leaders have opened anywhere from 10 to 40 locations.
Sport Clips is also dedicated to helping as many aspiring entrepreneurs realize their dreams of business ownership as possible, which is why we’ve kept initial investment costs incredibly low. As a result, the estimated total investment cost to open to open one new Sport Clips franchise ranges from $266,300 to $439,500, which includes the franchise fee, cost of build out, Grand Opening marketing expenses and up to six months of capital. From day one, Sport Clips business model is designed to start bringing in profits as soon as the doors open, helping you become established financially in just the first few weeks of operation.
And let’s not forget the world-class training and support Sport Clips provides. Sport Clips helps its Team Leaders master the tools, resources, and mentoring to become the very best behind-the-scenes owner. Once you’ve completed our training and support programs, you’ll know how to hire and develop a team, how to manage compensation and scheduling, how to use our technology, and how to market effectively in your community. And that’s just to name a few! Sport Clips is available 24/7 to help Team Leaders grow your business to its full potential.
Learn More About Sport Clips
Already one of the most recognizable brands in the hair care industry, Sport Clips has no plans to slow down its expansion across the U.S. If you’re interested in becoming a Team Leader with huge profit potential, visit our research pages here or make a request for more information to learn more.