Having Your Own Sports Clip Franchise
No industry experience necessary, all you need to have is a financial capital to start the business and let your staff handle its growth. As the top hair cut salon franchise preferred by most males and one of the top 100 franchise companies in the US, Sports Clip can offer you full-time profit without the constraints of daily business accounting.
But before you do sign a deal with the franchisor, here are several things that you need to learn about the hair cutting business.
What you Require to Own Sports Clip Franchising Business
One of the most basic requirements of the Sports Clip is financial capital. As long as you have the money, then you are good to go. The company allows absentee ownership so you will have no trouble with your daily schedules since most of the day-to-day business operation can be handled by a store manager or your head staff.
Other requirements involve general marketing skills and basic business experience. You should also be a “people person” so you can interact with your staff and costumers efficiently.
How do you Qualify
A $100,000 liquid assets and $300,000 net worth is all you need to qualify as a Sports Clip franchisee.
Startup Costs and Franchising Fees for Sports Clip Business
You’ll need around $150,000 to $200,000 to put up your own Sports Clip salon for men. This may not include the franchising fee of $49,500, which can cover up to 3 licensed franchises. Sports clip will also require you to pay around six percent of your annual profit for royalty fee.
The terms of agreement will last for 5 years, which makes it a really good business investment since you can come up with the desired income in just a small amount of commitment time.
How much you can make from this business
With more than 140 million underserved market for men and boys, the sports clip franchise is really a good way to invest your money. Studies also showed that the company has yearly high-levels of returns. It is also a recession proof business.
Training and Support from Sports Clip
Sports Clip offers its first time franchisees with an excellent training and support programs, which can enhance your business sense to help you start business as fast as possible.
Marketing and Advertising Provided from Sports Clip Company
Sports Clips makes use of different advertising techniques to help you grow and be part of the business community. The Sports, Fun-themed environment of each salon also offers a good advertising making it more memorable to all your clients.
The other form of supports may come from newsletters, internet marketing, online gimmicks, and grand openings. Co-op advertising and Ad slicks may also be used depending on the preference of the owner.
1 Comment
- Dear Sir, I am planning for setting manufacturing unit of eva sole of sports shoes. Whether market is potential ? What are the challenges of this business. List of company who can place order . I want to setup the unit in delhi area. How many factories available in delhi ncr irt order fulfillment. Regards,
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