SportClips vs Hair Cuttery Franchise Comparison

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

Start-Up Costs and Fees
 
SportClips Franchise
Hair Cuttery Franchise
Investment $233,800 - $388,300$120,500 - $283,000
Franchise Fee $25,000 - $59,500$15,000 - $25,000
Royalty Fee 6%4.5-5%
Advertising Fee 5%-
Year Founded 19931974
Year Franchised 19952004
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $3.5K25% of franchise fee


Business Experience Requirements
 
SportClips Franchise
Hair Cuttery Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    SportClips Franchise
    Hair Cuttery 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/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    SportClips Franchise
    Hair Cuttery Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks-
    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)

    		-

    Expansion Plans
     
    SportClips Franchise
    Hair Cuttery Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    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 Hair Cuttery

    NO LONGER FRANCHISING

    For franchisees that enter into a Development Agreement for the establishment of multiple SALONS, the initial franchise fee is as follows:
    *          First SALON   $25,000 *          Second to Fifth SALON  $20,000 *          Sixth or more SALONS   $15,000
    The fee for the first SALON is paid to us when you sign the Development Agreement. The fees for the additional SALONS are paid when you sign the Franchise Agreement for each SALON.  In addition to the initial franchise fee for each SALON, you must also pay us, when you sign the Development Agreement, a multiple unit development fee of $5,000 multiplied by the number of SALONS to be developed under the Development Schedule.

    For illustrative purposes only, if you enter into a Development Agreement for ten SALONS, the initial ''franchise fee and development fee payable to us at the time you enter into the agreements will be as follows:  Initial Franchise Fee $25,000 Units Two through Ten  $45.000 (9 x $5,000)  Total Fees Due $70.000  Multiple unit franchisees can expect to have additional capital and operating expenses which single unit franchisees may or may not incur. For example, we may provide our multi-SALON franchisees a continuing royalty credit of V2 of one percent. To qualify for this credit you will likely require an office, training capabilities, multi-unit management and other support personnel. We have not included these additional costs in the above projections as they will likely not occur with the opening of your first SALON, nor are they reasonably estimated due to the uniqueness of each multi-SALON franchisee''s independent business determinations. Unless otherwise noted above, all of the above fees are uniform and none of the above fees are refundable to you.