Sport Clips Franchise Tables Archive

Type of Expenditure	Amount	Method of Payment	When Due	To Whom Payment is Made
Initial Franchise Fee	$25,000-$59,500	Lump Sum	Prior to Execution of Franchise Agreement	The Company
Travel and living expenses while attending initial training	$1,000-$2,000	As Incurred	During Initial Training	Airlines, Hotels, and Restaurants
Real Estate
Opening Inventory	$4,000-$6,000	Lump Sum	Prior to Opening	Suppliers
Fixtures and Equipment (including computer equipment)	$58,000-$68,000	Lump Sum	Prior to Opening	Contractors and/or Suppliers
Leasehold Improvements	$75,000-$115,000	Lump Sum	Prior to Opening	Contractors and/or Suppliers
Supplemental Services Fee	$3,000-$5,000	Lump Sum	Prior to Opening	The Company
Professional Fees	$1,000-$5,000	As Incurred	Prior to Opening	Suppliers
Permits and Licenses	$1,000-$3,500	As Incurred	Prior to Opening	Local and State Agencies
Lease Deposit	$0-$10,000	Lump Sum	Prior to Opening	Landlord
Signage	$4,000-$8,000	Lump Sum	Prior to Opening	Suppliers
Miscellaneous Opening Costs	$3,000-$5,000	As Incurred	As Incurred	Suppliers, Utilities, etc.
Insurance	$1,300-$2,500	Lump Sum	Prior to Opening	Insurance Company
Grand Opening Advertising	$30,000	Lump Sum	Prior to Opening	The Company
Additional Funds - 6 months	$40,000-$75,000	As Incurred	As Needed	Employees, Creditors and/or Suppliers
Total	$246,300-$394,500

Gross Sales	Number of Stores	Percentage of Stores/Cumulative % of stores at each level or higher
Over $600,000	16	1%/1%
$500,001-$600,000	47	3%/4%
$450,001-$500,000	53	4%/8%
$400,001-$450,000	95	7%/15%
$350,001-$400,000	137	10%/25%
$300,001-$350,000	236	17%/42%
$250,001-$300,000	290	20%/62%
Less than $250,000	539	38%/100%
Total	1,413	100%

Tables