One Of The Country's Fastest Growing Franchises Planning Expansion in Greater Buffalo
Sport Clips Haircuts Offers Owners The Opportunity to Keep Day Job, Invest for the Future
GEORGETOWN - Texas, June 6, 2015 // PRNewswire // - Sport Clips Haircuts, the nation's leading men's and boys' hair care franchise, is expanding in the Northeast with emphasis on the greater Buffalo area. The franchise is one of the fastest-growing in the country, opening several stores per week. Eight to 10 new locations are planned in greater Buffalo. "This market is one we consider 'underserved' with only one open Sport Clips store," says Dave Wells, Sport Clips director of Franchising. "Unlike most markets, there are not any licenses in development in that area meaning a new candidate would have first preference on available real estate. This is a unique opportunity to grow with a mature franchise system that already has an established national brand identity."
"Investing in a franchise with a 20-year history of growth and success offers small business ownership opportunities and the ability to create jobs in communities across the country," says Pete Lindsey, Sport Clips vice president of Franchising and an industry veteran. "And Sport Clips offers a unique owner/investor or semi-absentee model… you own the business, but an experienced manager you hire oversees the day-to-day operations and hair care professionals in the stores. And, all of this is backed by the support and training of one of the strongest franchises in the U.S. and Canada."
Sport Clips has more than 1,350 locations and will soon be open in all 50 U.S. states. Since its beginning, Sport Clips' concept and mission have remained the same – to offer a championship haircut experience in a sports-themed environment. For entrepreneurs looking to build a business, Sport Clips is a recession-resistant business with no receivables and no industry experience necessary. Start-up requirements are relatively low – $100,000 liquid with $300,000 in net worth and a commitment to expand to multiple units. Sport Clips offers a 20 percent discount to qualified veterans through the International Franchise Association's VetFran program, one of the franchises' many efforts to support those who serve our country.
Sport Clips has reported industry leading mature same store sales growth numbers for 16 consecutive quarters, strong unit economics (as detailed in Item 19 of its Franchise Disclosure Document,) and best-in-class training and ongoing support. Over the last four years, Sport Clips has opened more than 500 stores and closed only four, rare for a franchise of this large size. Among its many accolades, Sport Clips has been recognized as:
- #1 "Top Franchise" by FranchiseGator.com - 2014, 2015
- #2 "Franchise to Buy" by Forbes for its investment category - 2014
- "Top 50" Entrepreneur Magazine's Franchise 500 - 17th year in Top 500
- #10 "Fastest Growing Franchise" by Entrepreneur Magazine - 2015 12th year in Top 100
- "Top 100 Global Franchises" by Franchise Direct - 2015
- #13 "Fast & Serious" by Franchise Times - 2015
- "Top Personal Service Franchise" by Entrepreneur Magazine - 2014
- Top 50 in franchisee satisfaction by both the Franchise Research Institute and Franchise Business Review - 2014, 2015
- #2 "Best for Vets" Franchise by Military Times Magazine
- Franchise Review's "Best of the Best" – Top 200 Franchises - 2015
- Franchise Review's "Top 50 Multi-Unit Franchises" - 2015 – Sport Clips #8 in Brick & Mortar category
- "Bond's Top 100 Franchises" - 2015
- Official haircutter of the VFW
- Small Business Administration (SBA) Top 25 franchisor list for loan payment performance
Find out more at SportClipsFranchise.com. Visit Sport Clips at the International Franchise Expo, NYC, Javits Center, June 18-20 in booth #325 or call 800-872-4247 x. 1.
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