Entrepreneur USA - January 2018

(Jeff_L) #1
PHOTOGRAPHS COURTESY OF SPORT CLIPS

JEFF BURROUGHSlives in a


rural area south of Baltimore


and in 2009 was seeking a side


gig while working full-time in


the auto industry. The options


were limited. He needed


something flexible that would


allow him to coach his sons’


football and baseball teams


and continue his civic duties as


a volunteer firefighter. That’s


how he found what would


become far more than a side


gig: Franchising.


“Originally, I bought a three-


pack of Sport Clips to pay for


my kids’ college,” he says, by


which he means three units of


the salon where men and boys


come to get haircuts and watch


sports on the shop’s myriad


televisions. But pretty quickly,


he realized how much his pro-


fessional skills could bolster


his small businesses, and today


he owns 17 locations, with two


more in the works. “I don’t


need to know how to cut hair.


I just need to coach people,


and I know how to coach,


manage, and market.”


Burroughs is the type of


franchisee helping fuel Sport


Clips’ growth. When he


started, he was advised that


certain counties in his area


SPORTS clips
Founded/ 1993, Austin, Tex.
U.S. & Canadian units/ 750 1,
Cost to open first unit/ $189,300 to $354,500

could support only one Sport


Clips location. But he knew


what would work in his region;


now most have two. Sport Clips


in total opened 130 locations


in 2017 and aims to hit 2,000


salons by 2019, focusing on


California, the Northeast, and


the upper Midwest.


Sport Clips isn’t alone in


the marketplace, of course—


even a quick flip through our


Call: 866-273-0850 or visit: http://www.batteriesplus.com/franchise/top500


*Net sales average of $1,398,616 is based on the net sales average for the 167 stores that represent the top 25% of all 668 stores open during the entire 2016 calendar year. Of those 167 stores, 60 stores
(or 41% of the 167 stores in the top quartile) met or exceeded the net revenue average (or 8.98% of the 668 stores open during the entire 2016 calendar year). ** See Item 19 of our 2017 FDD for details.


$1,398,616 average revenue net revenue


*

Multiple revenue streams with batteries,


bulbs, phone/tablet repair for retail and


commercial customers


52.5% average merchandise margin


**

Needs based products and services


Superior, continuous training and support

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