SportClips vs Image Studios Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SportClips vs Image Studios including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$233,800 - $388,300 | $555,387 - $1,236,840 |
Franchise Fee |
$25,000 - $59,500 | $49,750 |
Royalty Fee |
6% | 5.5% |
Advertising Fee |
5% | 1% |
Year Founded |
1993 | 2010 |
Year Franchised |
1995 | 2015 |
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 | 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 Image Studios
Image Studios proven business
model provides a flexible, needs-based platform for beauty professionals
to open their own salon easily without the typical investment that
would be required to open their own business. Image Studios also provide ongoing
training and education to your salon professionals that helps them run
their business effectively. First time entrepreneurs and experienced
business owners alike can benefit from this incredible opportunity.
#160 in Franchise 500 for 2021 Not in Franchise 500 for 2020