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Updated RecentlySportClips vs Trade Secrets/Glamour Secrets Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SportClips vs Trade Secrets/Glamour Secrets including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| 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 | 1993 | 1989 |
| Year Franchised | 1995 | 1990 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $3.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| 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 |
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| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | 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
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#4 in Gator's Top franchises.
#37 in Franchise 500 for 2020.
#17 in Franchise 500 for 2021.
About Trade Secrets/Glamour Secrets
Trade 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 and proven to be recession proof and Trade Secrets is riding the explosive growth. With over 65 locations now in high visibility, high traffic malls and outdoor locations, Trade Secrets is looking for franchisees in ON and QC to join its success story.
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#125 in Canada's Top franchises.