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Updated RecentlySportClips vs Lord's & Lady's Hair Salons Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SportClips vs Lord's & Lady's Hair Salons 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 | $50,000 - $175,000 |
| Franchise Fee | $25,000 - $59,500 | $25,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 5% | - |
| Year Founded | 1993 | 1975 |
| Year Franchised | 1995 | 1980 |
| Term Of Agreement | 5 years | 10 years +10 |
| Term Of Agreement | 5 years | 10 years +10 |
| 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 | - | Boston, MA 2-5 Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| 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) | Average Number of Employees: 6 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| 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
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#4 in Gator's Top franchises.
#37 in Franchise 500 for 2020.
#17 in Franchise 500 for 2021.
About Lord's & Lady's Hair Salons
Service and retail mall locations which normally do 50% men and 50% women in sales.
At Lord's & Lady's Hair Salons, we
pride ourselves in providing our customers with the perfect cuts,
colors, perms and other hair services, along with the highest quality of
customer service. Our stylists are highly trained in today's latest
hair trends and attend regular classes with major styling educators.
Founded 1971 in Boston, Massachusetts, Lord's & Lady's Hair Salons has been servicing the New England area as a full service beauty salon. Salons located throughout New England.