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Updated RecentlySportClips vs SmartStyle Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SportClips vs SmartStyle 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 | $149,430 - $305,200 |
| Franchise Fee | $25,000 - $59,500 | $39,500 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 5% | 2% |
| Year Founded | 1993 | 1996 |
| Year Franchised | 1995 | 2016 |
| 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 | - | On-The-Job Training: 5 hours Classroom Training: 25 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks | Ad Templates National Media Regional Advertising Social media |
| 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 | Yes |
| Canada Expansion | No | Yes |
| 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 SmartStyle
With convenient locations in Walmart stores across the United States,
Canada, and Puerto Rico, SmartStyle is a full-service hair salon that
provides the hairstyle you want at an affordable price, all in a
welcoming and relaxing environment. SmartStyle is proud to be part of Regis
Corporation, the world's largest and leading hair salon company.
#130 in Franchise 500 for 2021.