SportClips vs Floyd's 99 Barbershops Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SportClips vs Floyd's 99 Barbershops including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$233,800 - $388,300 | $294,000 - $642,000 |
Franchise Fee |
$25,000 - $59,500 | $45,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
5% | 2% |
Year Founded |
1993 | 2001 |
Year Franchised |
1995 | 2005 |
Term Of Agreement |
5 years | - |
Term Of Agreement |
5 years | - |
Renewal Fee |
$3.5K | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills People skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
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 |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
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
#4 in Gator's Top franchises.
#37 in Franchise 500 for 2020.
#17 in Franchise 500 for 2021.
About Floyd's 99 Barbershops
Floyd's 99 Barbershop is an on-trend offering that has a commitment to quality; quality service, quality employee relations and quality facilities. It's a proven success in corporate markets in Denver, Colorado and Los Angeles, California and is growing nationwide through franchising.
With Floyd's 99, you are part of a team poised for long-term success, and we are here to help.
Floyd's 99 Barbershop is offering the opportunity to be a part of our
successful franchise that's different, edgy, and just plain DAMN cool.
Our shops are designed to have a fun, engaging neighborhood hangout feel
with great music, high energy, and a full menu of services for men and
women. This, along with our proven set of service standards, is what
makes Floyd’s 99 one of a kind in the industry.
#416 in Franchise 500 for 2020.