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Arizona multi-unit franchisee partners Jared Lee and Val Hill had already won their brand's top award this year, and now they've been recognized by the new CNBC "Top Franchisees in America" report.
The two business operators first met at Brigham Young University before going on to become co-workers at Intel. They went out on their own in 2005 and have now operated Sport Clips franchise locations for 10 years. They own and operate 18 locations in the Phoenix metro area. Lee and Hill say they love the brand and how it caters to men and boys and offers what Hill calls "a little guy pampering."
Hill says of the brand, "I liked the fact that they weren't looking for experienced hairstylists as franchisees. They wanted people with business experience, and that's what Jared and I had."
For consideration as a "Top Franchisee" for CNBC, the franchise first had to be a "top performing brand" based on franchisee satisfaction with high franchisee tenure, system growth, return on investment - based on average income to investment and have been in franchising a minimum of five years. Franchise Business Review worked with CNBC in the process. As a top performing franchisee team, Lee and Hill were rated on satisfaction, tenure, and performance. Only one franchise operator from each state was selected.
This award was not the duo's first experience in winning. Sport Clips presented Lee and Hill with The Logan Trophy, the franchise's highest honor, at this year's national meeting and had previously named them Franchisees of the Year in 2012.