SportClips vs Great Clips Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SportClips vs Great Clips including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
SportClips Franchise
Great Clips Franchise
Investment $233,800 - $388,300$146,900 - $282,400
Franchise Fee $25,000 - $59,500$20,000
Royalty Fee 6%6%
Advertising Fee 5%5%
Year Founded 19931982
Year Franchised 19951983
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $3.5K$1.75K


Business Experience Requirements
 
SportClips Franchise
Great Clips Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills

  • Marketing skills
  • Strong management & leadership skills
    		•

    Financing Options
     
    SportClips Franchise
    Great Clips Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    SportClips Franchise
    Great Clips Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesMeetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicksCo-op advertising
    Operations Franchisees required to buy multiple units/master licenses; 98% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 12

    Absentee ownership of franchise is allowed. (32% of current franchisees are owner/operators)

    Number of employees needed to run franchised unit: 8 - 10

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    SportClips Franchise
    Great Clips Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About SportClips

    Gordon Logan, founder and CEO of Sport Clips, conceived the Sport Clips idea in 1993 and opened its first franchised store in Houston two years later. Designed to target a previously underserved market, Sport Clips caters to men and boys by providing hassle-free hairstyling in a sports-themed environment. The company began franchising in 1995.

    Do You have What It Takes?

    • You have strong leadership, managerial and communication skills
    • You enjoy developing Team Members and being involved in the community
    • You can effectively market your business and drive sales
    • You have a passion for the Sport Clips culture
    • Our Team Leaders come from different industries - no hair care experience necessary!
    Veteran Incentives: 20% off franchise fee
    "Top                  ""  "Entrepreneur
    #4 in Gator's Top franchises.
    #37 in Franchise 500 for 2020.
    #17 in Franchise 500 for 2021.





    About Great Clips

    Established in 1982, Great Clips started franchising in 1983 and now has locations throughout the United States and Canada. Usually located in strip malls,
    Great Clips hair salons are open evenings and weekends and do not require appointments. On average, franchisees operate three units. Great Clips sponsors NASCAR Busch Series driver Kasey Kahne. The company has also partnered with General Mills, Sprint, Best Buy, Blockbuster, Coca-Cola, Hasbro and DreamWorks.

    The total investment necessary to begin operation of a Great Clips franchise is from $146,900 to $282,400. This includes $25,250 to $30,000 that must be paid to Great Clips or an affiliate for a single franchise agreement, and $40,250 to $45,000 that must be paid to Great Clips or an affiliate for the first salon you develop under a Three Star Program Agreement.
    If you sign a Master Development Agreement, you also must pay to Great Clips or an affiliate a Development Fee of $4,000 for each salon you agree to develop, which would amount to $8,000 to $40,000 if you were granted the right to develop between two and 10 salons.
    Veteran Incentives
    $5,000 rebate on first-store franchise fee

    "Top  ""       "Entrepreneur

    #59 in Canada's Top franchises.

    "franchiserankingscom"
    #35 on Franchise Rankings.com
    #15 in Franchise 500 for 2020.
    #13 in Franchise 500 for 2021.