Sport Clips Haircuts Scores as a Top 15 "Smartest-Growing" Brand in Franchise Times' "Fast and Serious" Ranking
March 06, 2015 // Franchising.com // GEORGETOWN, Texas - Sport Clips Haircuts, the nation's leading franchise dedicated to men's and boys' hair care, is number 13 of 40 in the just-released Franchise Times "Fast and Serious" ranking of the "smartest-growing brands."
The trade media outlet utilizes a 10-point formula for identifying fast-growing franchise systems that also have "staying power." The proprietary formula takes into consideration percentage sales, dollar sales and numerical unit growth over the past three years, with more weight given to acceleration in years two and three. Database for the ranking is the Franchise Times "Top 200 plus 300" of the largest franchise systems by revenue.
In the report, Sport Clips' Founder and CEO Gordon Logan notes one of the company's reasons for growth is that, "We will not compromise" on the quality of franchisees nor the real estate locations selected. The article also cites Sport Clips' 2013 unit growth "above 38 percent" and the company's marketing efforts through NASCAR and military veterans' sponsorships.
Sport Clips has more than 1,300 locations across the country and serves its clients on a walk-in basis. For more information, visit a Sport Clips location or SportClips.com.
About Sport Clips Haircuts
Sport Clips Haircuts is headquartered in Georgetown, Texas. It was established in 1993 by founder and CEO Gordon Logan and started franchising in 1995. The sports-themed haircutting franchise, which specializes in haircuts for men and boys, is ranked by Entrepreneur as one of the Top 10 "Fastest-Growing Franchises" and ranks 36th in the "Franchise 500." It is also ranked by FORBES as a "Top Ten Best Franchise" to buy for its investment category. With more than 1,300 Sport Clips stores, new locations open each month in the U.S. and Canada. Sport Clips is the "Official Haircutter" of the Veterans of Foreign Wars (VFW), offers veterans preferential pricing on haircuts and franchises, and was named as one of the "2014 Best for Vets: Franchises" by Military Times. Our "Help A Hero" program has raised more than $3 million to help deployed and hospitalized U.S. service members call home through the VFW's Operation Uplink™ and to provide scholarships for veterans transitioning to a civilian career. Sport Clips is a proud sponsor of Joe Gibbs Racing's Denny Hamlin and Carl Edwards, and partners with numerous NCAA and professional sports teams. To learn more about Sport Clips, visit sportclips.com.
SOURCE Sport Clips Haircuts