Sport Clips Single Unit
Sport Clips offers men's haircuts in a sports-themed environment. Known for its quick-service model, it operates in the competitive haircutting franchise market.
Sport Clips Single Unit franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a Sport Clips franchise ranges from $226,800 to $580,500 for one store. This includes a mandatory payment of $69,500 to $95,500 that must be paid to the franchisor or affiliate [p.1].
What is the initial franchise fee?
The initial franchise fee varies based on the number of units you are purchasing: - $30,000 for the first store. - $24,500 for the second store. - $15,000 for the third and any additional stores purchased under a Multi-Unit Development Agreement (MUDA). [p.26]
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is a weekly payment of 6% of Net Sales, where Net Sales include all sales through the Franchised Business but exclude returns and taxes collected from customers [p.239]. For advertising, the franchisee receives materials at no additional charge and can request more advertising if desired, though this must be paid for separately by the franchisee [p.37].
How long is the initial franchise agreement, and can I renew it?
The initial term of the franchise agreement is not specified in the provided excerpts. However, after the initial term, as long as there is no default and all conditions for renewal are met, you will have a First Right of Refusal to renew your franchise within the Protected Territory [p.236].
Can I sell or transfer my franchise, and what does that require?
According to [p.6], a franchisor can refuse to permit the transfer of ownership of a franchise except for good cause, which is defined to include various factors but is not limited to those specified. Additionally, if you sell your business to an existing Sport Clips franchisee, there are specific fee structures involved; selling one store costs $2,500 and each additional store $1,000 [p.23].
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the agreement on any grounds available by law [p.75]. Additionally, the franchisor may terminate for good cause, which includes the failure of the franchisee to comply with lawful provisions of the franchise agreement and not curing such failure after being given written notice and a reasonable opportunity to cure, which cannot exceed 30 days [p.6].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
Yes, you receive an exclusive territory during the initial 5-year term of your Franchise Agreement. The territory is defined as the lesser of a 1-mile radius around your location or a radius that encompasses a population of 25,000 people. During this period, the company cannot sell any franchises nor open any Company-owned Sport Clips stores in your territory [p.45].
What training and ongoing support does the franchisor provide?
The franchisor provides an initial training program generally offered once a quarter at their office in Georgetown, Texas. This mandatory program must be completed to their satisfaction approximately 5 months before opening the business. Additionally, managers and employees need to sign a confidentiality agreement to protect trade secrets. Ongoing support includes requiring that any new manager or employee complete relevant training programs as needed, though previously trained individuals may not have to repeat training if deemed unnecessary by the franchisor. [p.47, p.253, p.42]
How many franchised outlets are there, and how many have closed or been terminated?
Based on the provided excerpts, the franchise had 86 owned stores in specific markets during 2025, but this number does not include certain Company-owned stores that opened since Q4 2024 and excludes some temporarily closed and New York-based stores. The exact number of franchised outlets currently active is not specified, nor are the precise numbers of terminated or closed outlets. [p.54]
Does the franchisor share any financial performance or earnings information?
The franchisor, Sport Clips, Inc., does not make any financial performance representations except for the preceding one. They do not authorize their employees or representatives to make such representations either orally or in writing [p.56]. However, if you are purchasing an existing outlet, they may provide actual records of that outlet's performance [p.56].
What am I restricted to selling, and where must I buy supplies?
You are required to purchase all equipment, supplies, and inventory from approved vendors as specified by the company [p.29]. You are not allowed to sell goods or services over the Internet or by mail except in accordance with the Company's Operating Manual [p.47].