SPORTS CLIPS (SINGLE UNIT)
Sport Clips franchises operate retail hair salons that provide hair cutting and styling services primarily to men and boys, along with related hair care products, in a sports-themed environment featuring multiple televisions with sports programming. The business model centers on franchising these stores under a standardized system, typically located in strip centers, with franchisees paying initial fees and ongoing royalties to the franchisor. The target market is men and boys seeking a relaxing, championship haircut experience in an exciting sports atmosphere.
Franchise Costs
6% royalty + 5% ad fund (or $300/wk min) + $165/mo POS software + $60/mo IT firewall + up to $75/mo accounting software
Financial Performance
Item 19 Financial Performance
Data Based On: 1,669 mature franchised stores (with more than 2 years in operations) that were operational at December 31, 2024
* Average gross revenue ($419,485) and median gross revenue ($409,206 for 1,645 stores) were directly stated in the text. Revenue for top 25% and bottom 25% were calculated using a weighted average from the segmented gross sales data for 1,669 stores. For the top quartile (417.25 stores), estimated midpoints used were $1,050,000 (for Over $1,000,000), $900,000 (for $800,001-$1,000,000), $700,000 (for $600,001-$800,000), and $550,000 (for $500,001-$600,000). The calculation was (4 * 1050000 + 28 * 900000 + 151 * 700000 + 234.25 * 550000) / 417.25 = $632,564.91. For the bottom quartile (417.25 stores), estimated midpoints used were $200,000 (for Less than $250,000), $275,000.5 (for $250,001-$300,000), and $350,000.5 (for $300,001-$400,000). The calculation was (173 * 200000 + 171 * 275000.5 + 73.25 * 350000.5) / 417.25 = $257,070.39. No specific profit, net income, or EBITDA data was provided for franchised units in the document. Expense reports for company-owned stores were explicitly disregarded per instructions.
Extracted Item 19 Section
How SPORTS CLIPS (SINGLE UNIT) Compares
Key Insights
- #1 largest franchise system in Beauty & Spa Services
- Lower than average SBA loan default rate in Beauty & Spa Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
SPORTS CLIPS (SINGLE UNIT) Current | $289K – $475K | $30K | 6.0% | 1,754 |
| SUPERCUTS | $186K – $323K | $40K | 6.0% | 1,701 |
| DaVi Nails and Em Lash Studio | $61K – $144K | $65K | N/A | 400 |
| PALM BEACH TAN | $648K – $1.1M | $30K | 6.0% | 397 |
| DAVI NAILS | $57K – $125K | $65K | 0.0% | 387 |
| PHENIX SALON SUITES | $721K – $2.4M | $53K | N/A | 367 |
Beauty & Spa Services Average 49 franchises | $411K – $755K | $48K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 49 Beauty & Spa Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+36 more states
SBA Loan History
Historical SBA 7(a) loan data for SPORTS CLIPS (SINGLE UNIT) franchisees (2010 – 2018)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
1,762 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
1,762 Contacts Available
Unlock all SPORTS CLIPS (SINGLE UNIT) franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Lawsuit by franchisor against franchisee companies and guarantor for failure to operate franchises in accordance with the Operating Manual, settled by transfer of franchise rights.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a SPORTS CLIPS (SINGLE UNIT) franchise ranges from $288,500 to $475,000. This includes a franchise fee of $30,000. Ongoing royalty fees are 6.0% of gross sales.
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