Just as the whistle blew and the ball dropped, Sport Clips opened our 1500th salon. It was a homecoming for CEO & Sport Clips founder, Gordon Logan, who grew up in Sumter, South Carolina. Situated in Broad Street, the new store serves high quality haircuts with an emphasis on customer service.
Franchise owners Zach and Sharon Payer were looking for entrepreneurial opportunities when they stumbled across Sport Clips. Like kismet, the franchise was accepting potential new investors and owners. The couple said it was Sport Clips’ reputation and record of success that encouraged them to take the risk and start their own franchise.
The franchise’s continuous success stems from their high standard in a market that needs more attention. Sport Clips caters to men, boys, and families who are tired of beauty bars and salons. Not only do they offer quality services, they expect the best from their entrepreneurs. Franchise owners commit to opening three stores in three years. New owners should expect to invest anywhere from $150,000 to $325,000 with an average of 6% in royalty fees.
While it may seem like a lot to ask, this standard helps the franchise break records and succeed. In the last five years, Sport Clips jumped from position 160 to 16 on the “Franchise 500” list. The company is set to reach the $3 billion cumulative sales mark this year.
With affordable prices, a reputation for quality services, and a relaxing atmosphere, Sport Clips is one of the leading franchises to invest in. If you are an entrepreneur looking to start your own business, our franchise can be the start of your bright future. We now have 1500 stores across all 50 states. We are looking to open more locations in California, New York, Connecticut, and Michigan. If you are worried about sustainability, our franchises are almost recession resistant with a 98% continuity rate. We’ve only closed five stores in the last five years.
What are you waiting for? Set up your layup and start your new franchise today!