Sport Clips Haircuts Tops Category in Forbes 2018 “Best Franchises to Buy”
Written by Adebayo Owolabi on June 13, 2018
Sport Clips Haircuts, the nation’s leading men’s and boys’ hair care provider, is ranked by Forbes as the top Medium Investment “Best Franchise to Buy” in the 2018 edition of the highly regarded ranking. The June issue features the third annual “best” and “worst” franchises in America rankings separated into investment level categories. An accompanying article by Forbes writer Karsten Strauss is entitled “How Gordon Logan Reinvented The Barber Shop And Made Sport Clips One Of America’s Best Franchises” and is an “Editor’s Pick” on the media outlet’s website.
Based on research conducted by FRANdata, a franchise industry research firm, Forbes ranked Sport Clips number one in the $150K-$500K investment category. FRANdata began the study with analysis of 3,300 active brands, compiling data spanning four years, then narrowing the selection to 60 brands that demonstrated longevity, activity and scale based on:
- System sustainability
- System demand
- Value for investment
- Franchisor support
- Franchisor stability
“Sport Clips is a franchise investment and haircare provider of choice that’s 25 years in the making and stronger than ever,” says Gordon Logan, founder and CEO. “Franchisees are looking for a successful investment opportunity with the types of systems, training and support we have in place to make Sport Clips a business asset for them personally as well as to the local communities and individuals they serve. This Forbesranking is a testament to the high-quality people we have in our system at every level…from the stylists and managers who look to Sport Clips as an employer of choice and work to provide a championship haircut experience to clients in our almost 1,800 locations to leadership that is forward-thinking while taking care of the present. It’s a winning combination, and we’re grateful to our team members, franchisees, area developers and support center staff who make Sport Clips worthy of this Forbes ranking.”
The complete list of rankings can be found in the current issue of Forbes and online at Forbes.com. For more information about Sport Clips franchising opportunities visit SportClipsFranchise.com.
Sport Clips Haircuts is headquartered in Georgetown, Texas. It was established in 1993 and began franchising in 1995. The sports-themed haircutting franchise, which specializes in haircuts for men and boys, is ranked by Entrepreneur Magazine as one of the “Fastest-Growing Franchises” and in the top 10 in its “Franchise 500.” There are more than 1,700 Sport Clips stores open in the U.S. and Canada. Sport Clips is the “Official Haircutter” of the Veterans of Foreign Wars (VFW), offers veterans preferential pricing on haircuts and franchises, and was named a “2018 Best for Vets: Franchises” by Military Times. Sport Clips provides “haircuts with heart” through its annual Help A Hero fundraiser that has given more than $4.1 million to the VFW; national partnership with St. Baldrick’s Foundation, the largest private funder of childhood cancer research grants; and other national and local philanthropic outreach. Sport Clips is a proud sponsor of Joe Gibbs Racing’s NASCAR drivers Erik Jones and Denny Hamlin, Dale Coyne Racing with Vasser-Sullivan Indy Car driver Sebastien Bourdais, and partners with numerous NCAA and professional sports teams. To learn more about Sport Clips, visit sportclips.com.