SPORTS CLIPS (SINGLE UNIT)

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.

1,754
Locations
$289K–$475K
Investment
Since 1995
Franchising
HealthcareGeorgetown, TXwww.sportclips.comDisclaimer

Franchise Costs


Franchise Fee
$30,000
Item 5 of FDD
Initial Investment Range
$288,500 $475,000
Low: $288,500High: $475,000
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
5.00%
Item 6 of FDD
Fixed Monthly Fees
$225 – $300
Item 6 of FDD

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

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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
FranchiseInvestmentFeeRoyaltyLocations
SPORTS CLIPS (SINGLE UNIT)
Current
$289K – $475K$30K6.0%1,754
SUPERCUTS$186K – $323K$40K6.0%1,701
DaVi Nails and Em Lash Studio$61K – $144K$65KN/A400
PALM BEACH TAN$648K – $1.1M$30K6.0%397
DAVI NAILS$57K – $125K$65K0.0%387
PHENIX SALON SUITES$721K – $2.4M$53KN/A367
Beauty & Spa Services Average
49 franchises
$411K – $755K$48K6.2%

* 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

Top States
1TX
254
2CA
141
3FL
107
4IL
106
5OH
75
6NC
72
7AZ
66
8PA
63
9GA
57
10MO
54
11CO
53
12IN
52
13TN
47
14MN
44
15VA
43

+36 more states

SBA Loan History


Historical SBA 7(a) loan data for SPORTS CLIPS (SINGLE UNIT) franchisees (20102018)

Total Loans
487
Average Loan
$222,185
Total Volume
$108.2M
Default Rate
5.3%

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.

NameSBA 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)

Franchisee Cases1

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)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
5
Ceased Ops
53
Transfers
123
Sold to Franchisees
0
Projected New
26

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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