Sport Clips

Founded: 1993 Franchising since: 1995
Gordon Logan, president of Sport Clips, conceived the Sport Clips idea in 1993 and opened its first franchised store in Houston two years later. Designed to target a previously underserved market, Sport Clips caters to men and boys by providing hassle-free hairstyling in a sports-themed environment. The company began franchising in 1995.

P.O. Box 3000-266 Georgetown, Texas 78627-3000

Phone: (512)869-1201

Franchisor is a privately-held company with 40 employee(s); 6 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	639	0	0	14
2008	563	0	0	12
2007	440	0	0	14
2006	341	0	0	12
2005	263	0	0	10

Where Seeking Franchisees
In the U.S. Midwest, Northeast, South, Southeast, Southwest, West

Exclusive territories available.
Territory size: Varies (major cities, regions or entire states)

Special Programs
Sport Clips sponsors numerous local sports teams, including Little League, Pop Warner football and soccer. Franchisees are encouraged to get involved with the community through avenues like Partners in Education and other programs.

Total investment: $153.2K-276.9K Franchise fee: $25K

Ongoing royalty fee: 6% Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	Yes

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $100K
Business Experience:

• General business experience
• Marketing skills
• People skills

Operations

• 98% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 6 - 12
• Absentee ownership of franchise is allowed. (32% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 days
• At franchisee's location: 5 days
• At existing locations : 5 days

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Other marketing support

• Ad fund, local radio & TV, celebrity fees

Franchise 500® rank:
#56 (2009); #74 (2008); #72 (2007); #81 (2006); #83 (2005);

Fastest-Growing Franchises:
#27 (2009); #39 (2008); #49 (2007); #50 (2006); #45 (2005);