Las Vegas was the site for haircut franchise Sport Clips Haircuts' National Huddle, which is its annual meeting of franchisees and company officials. The theme was excitement over the brand's success. Highlights of the news shared at the meeting by President Mark Kartarik and CEO and Founder Gordon Logan included the opening of 136 franchise businesses in 2016, the entry of the brand into Entrepreneur's Franchise 500 Top Ten ranking, a system-wide store sales increase of 7 percent over the previous year, and the growth of the brand's "Haircuts with Heart" charity initiative. In addition, the $1 million contribution made by Sports Clips and its partners and clients to the Veterans of Foreign Wars' "Help a Hero" scholarship program set a new record. Another record-setting $1 million was awarded to brand team members in times of need via the brand's Wayne McGlone Memorial Relief Fund, which was started in 2012 in the memory of an area developer for the company.
Logan said that the secret of the haircut company's success has been its strong concept and its commitment to doing the right thing and treating people fairly. The brand, Logan noted, was started with strong systems in place, and that has resulted in growth for over two decades to more than 1,600 stores and a continuity rate over 99 percent. Today, Sports Clips is the only hair care concept that is present in all 50 states, and it also has locations in five Canadian provinces.
Awards were given out to outstanding team members, including Area Developer of the Year winners Ashley Gozur Jordan, Eric Gozur, EJ Gozur and Rosemary Gozur and Area Manager of the Year Brooke Nabity. Guests at this year's meeting included authors and speakers Robert Cromeans, Tim Storey and Jen Planck and the Sport Clips Artistic Team.
Sport Clips Haircuts Franchise Opportunities
Headquartered in Texas, Sports Clips was started back in 1993 and started franchising in 1995. This brand specializes in sports-themed hair care services for boys and men and currently has franchise opportunities available in many markets, including California, Florida and New York. To qualify, an applicant must have a net worth of $400,000 or more, at least $200,000 in liquid assets and a credit score over 680. The total initial investment runs from $189,300 to $354,500.