SportClips vs Glamour Secrets/Trade Secrets Franchise Comparison

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

Start-Up Costs and Fees

 
SportClips Franchise
Glamour Secrets/Trade Secrets Franchise
Investment $233,800 - $388,300$200,000 - $350,000
Franchise Fee $25,000 - $59,500$25,000
Royalty Fee 6%6%
Advertising Fee 5%-
Year Founded 19932001
Year Franchised 19952003
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3.5K-


Business Experience Requirements

 
SportClips Franchise
Glamour Secrets/Trade Secrets Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
  • -

    Financing Options

     
    SportClips Franchise
    Glamour Secrets/Trade Secrets Franchise
      In-House/3rd PartyIn-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

     
    SportClips Franchise
    Glamour Secrets/Trade Secrets 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
    Glamour Secrets/Trade Secrets 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 Glamour Secrets/Trade Secrets

    Glamour Secrets is Canada's pioneer one stop beauty shop with a full service salon and over 4,000 high quality Salon products for sale under one roof. The beauty industry is booming. Glamour Secrets is positioning itself for explosive growth with this recession proof industry. With over 65 locations with its parent company Trade Secrets , Glamour Secrets is looking for franchisees in ON and QC to join its success story.