06.27.16
Sports Clips Haircuts is proud to announce it is ranked by Forbes as a top 10 "Best Franchise to Buy" for the third consecutive year. Forbes' June issue features the third annual "best" and "worst" franchises in America.
Based on research conducted by FRANdata, a franchise-focused research and advisory firm, Forbes ranked Sport Clips number six in the $150K-$500K investment category, a jump up from last year's seventh place ranking. FRANdata assessed each of the franchises ranked according to its five-year growth and continuity rates, a measure of how often an individual franchise has changed hands, in addition to its cost of entry.
"We recognize careful consideration goes into making a franchise investment, and the success of a brand should be top of mind in that decision," says Gordon Logan, founder and CEO of Sport Clips. "With more 1,500 stores open, and only five store closings since 2010, Sport Clips is proud to be recognized again by Forbes as a top 'Franchise to Buy.' We are committed to providing the highest level of support and service to the franchisees who invest in our brand and the consistently growing number of clients who make Sport Clips their hair care provider of choice."
Based on research conducted by FRANdata, a franchise-focused research and advisory firm, Forbes ranked Sport Clips number six in the $150K-$500K investment category, a jump up from last year's seventh place ranking. FRANdata assessed each of the franchises ranked according to its five-year growth and continuity rates, a measure of how often an individual franchise has changed hands, in addition to its cost of entry.
"We recognize careful consideration goes into making a franchise investment, and the success of a brand should be top of mind in that decision," says Gordon Logan, founder and CEO of Sport Clips. "With more 1,500 stores open, and only five store closings since 2010, Sport Clips is proud to be recognized again by Forbes as a top 'Franchise to Buy.' We are committed to providing the highest level of support and service to the franchisees who invest in our brand and the consistently growing number of clients who make Sport Clips their hair care provider of choice."