Sport Clips Franchise Business Makes $1M Donation | Be The Boss

Sport Clips Franchise Business Makes $1M Donation

Date

Feb 13, 2017

Sports-themed haircutting franchise business Sport Clips just made a million-dollar donation to the Veterans of Foreign Wars (VFW)Foundation. The record-breaking grant is from the brand's Help A Hero program,which funds scholarships for veterans and US service members. Brand product partners and clients provided the donations, and the franchise also contributed$1 per haircut service performed on Veterans Day.

When Help A Hero began in 2007, its focus was on providing phone calls to home from hospitalized and deployed service members.It has since evolved, with the new aim being to provide $5,000 scholarships to service members who are moving forward in their civilian careers. More than 700 Help a Hero grants have been administered by the VFW so far.

Brand CEO and Founder Gordon Logan, a VFW life member and Air Force veteran, said this donation is a heartfelt one and that the franchiser is grateful for all the sacrifices service members and their families make. The goal was just $30,000 for the first Help A Hero year, noted Logan, and to date, the program has raised $5 million.

Brian Duffy, a VFW National Commander, complimented the generosity of the brand's patrons, clients, stylists and franchisees. He added that the huge success of the campaign this year will help give a bright future to many veterans, service members and their families.

Current Sports Clips Franchise Opportunities

Sports Clips Haircuts, which began franchising back in 1995 and now has 1,600 locations in North America with hair services for men and boys, is offering franchise opportunities in several markets, including locations in Oregon, California, Texas and Minnesota. Qualified franchisees will have a net worth of at least $400,000, with $200,000 or more liquid, and a credit score above 680. The franchise fee for three licenses is $59,500, and the total investment for the first location ranges from $183,300 to $351,500.