This month marks a significant milestone for Franchise.com client, Sport Clips. They are opening in their 50th state. Although Sport Clips has more than 1,400 locations, the most recent grand opening is the first Sport Clips to open in Maine. And, the proud owner is Dennis Guerrette, a former corporate finance executive turned Sport Clips franchisee.
After research and encouragement from his brothers and three business partners, Guerrette entered the world of franchising. He considered the Sport Clips franchise because “my brother and his son had such a great haircut experience at a location in Arizona – they were won over, and after trying it for myself, I was, too,” explained Guerrette.
Benefits of owning a Sport Clips:
- Recession resistant
- Recurring revenue: men and boys typically return every 3-4 weeks
- Stable, cash business with minimal inventory or receivables
- Simple and easy to operate
- No industry experience required
- Manager-run – no need to be onsite daily
- Unique concept
- Turnkey set-up including third party financing assistance, site location and negotiation, interior design, a Grand Opening marketing plan and stylist recruitment
Almost all Sport Clips franchisees own three or more licenses and 25 % have five or more. Guerrette is no exception. He holds 10 Sport Clips licenses for Maine and New Hampshire and has plans to open locations in Portland, Biddeford, Augusta-Waterville and Topsham-Brunswick as well as other communities across Maine and New Hampshire.
Gordon Logan, founder and CEO of Sport Clips comments, “Our first store opened in Austin, Texas in 1993, so to see the emergence of Sport Clips in new states over the past twenty years has been both exciting and rewarding. We couldn’t have done it without Sport Clips’ skilled and dedicated team members, franchisees and support team members.”
About Sport Clips
Sport Clips Haircuts is headquartered in Georgetown, Texas and was established in 1993. The company began franchising in 1995. The sports-themed haircutting franchise specializes in haircuts for men and boys and is ranked by Entrepreneur as one of the Top 10 “Fastest-Growing Franchises.” It also ranks 36th in the “Franchise 500” and is ranked by FORBES as a “Top Ten Best Franchise” to buy for its investment category.
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