SportClips vs Cherry Blow Dry Bar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SportClips vs Cherry Blow Dry Bar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
SportClips Franchise
Cherry Blow Dry Bar Franchise
Investment $233,800 - $388,300$218,600 - $392,500
Franchise Fee $25,000 - $59,500$39,000
Royalty Fee 6%7%
Advertising Fee 5%2%
Year Founded 19932012
Year Franchised 19952013
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3.5K-


Business Experience Requirements

 
SportClips Franchise
Cherry Blow Dry Bar Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
  • We're looking for business-minded entrepreneurs who: *Are passionate and committed to success *Have strong business and management skills *Believe that helping others is rewarding Cherry Blow Dry Bar franchisees are required to have a minimum of $75,000 in liquid assets, and a minimum net worth of $350,000. In addition, having experience in franchising, running a business, or operating a multi-site operation is useful, but not necessary, because of our comprehensive training and ongoing support.


    Financing Options

     
    SportClips Franchise
    Cherry Blow Dry Bar 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
    Cherry Blow Dry Bar Franchise
    Training -

    *Blow-dry techniques *Up-selling skills *Retail product knowledge Our Junior Program is second to none. We fast-track junior stylists so that they're working in weeks, not months, ensuring your labor costs are kept to a minimum.

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

    *Monthly store visits from franchise business representatives *Ongoing feedback regarding store performance and optimization *An arsenal of tools that ensure each store is operating at optimal efficiency *Unique remote access to point-of-sales systems and reporting features, to oversee and advise franchisees

    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
    Cherry Blow Dry Bar Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    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
    "Top                  ""  "Entrepreneur
    #4 in Gator's Top franchises.
    #37 in Franchise 500 for 2020.
    #17 in Franchise 500 for 2021.





    About Cherry Blow Dry Bar

    'The blowout category', is quickly growing into what has become a $40 billion a year global hair salon industry. There is no end in sight for the growth of this industry, and with a sound, proven business model and operational method in place, Cherry Blow Dry Bar offers you a way to get into an exploding industry without having to figure it out on your own.

    Cherry Blow Dry Bar is an expanding franchise that provides premium express services including blowouts, hair extensions, makeup services and treatments for a perfectly finished look, all at affordable prices through a unique membership model.

    Under new ownership of franchise veterans Fred Vicario and Steve Vicario, the blowout category has been reinvented to meet the growing demand for the best level of hair styling, while also providing a business opportunity to entrepreneurs interested in this booming industry.