This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sport Clips Haircuts Opens 1,000th Store

GEORGETOWN, Texas, Jan. 9, 2013 /PRNewswire/ -- Sport Clips Haircuts, the nation's leading men's and boys' hair care provider, reached its goal to have 1,000 stores by the end of 2012 with the landmark opening of the franchise's new store in Springboro, Ohio.  As the company enters its 20th year, Sport Clips has stores in 42 states and aggressive plans to open 225 locations in 2013.  This past year, 161 new Sport Clips locations were opened in communities across the U.S. by local owners. 

(Logo: http://photos.prnewswire.com/prnh/20120511/DA05746LOGO)

"When we started franchising Sport Clips in November 1995 with only one company store, we could only dream of reaching 100 locations much less 1,000.  Now I joke and tell people 'I knew we'd get here, I just didn't think it would take this long,'" says founder and CEO Gordon Logan.  "Very few franchises or brands of any type reach this major milestone.  It's an affirmation of all the hard work by our support team, area developers, team leaders (franchisees), store managers, stylists and other team members that has gone into making Sport Clips the success it has become over the years."

The company grew from its roots in Texas throughout the Midwest and Southeast for its first ten years before expanding to the West Coast; then, after three years of building its brand there, Sport Clips moved into the Northeast U.S. in 2011.  Logan says the company was intent on not growing any faster than it took to develop the infrastructure needed to support its franchisees and team members to ensure an exceptional client experience. 

Logan attributes Sport Clips' successful growth to adopting and committing to the same core values Coach Lou Holtz used to build championship football teams.  With the Coach's blessing, the company's cornerstone from day one has been: "Do Your Best. Do What's Right. Treat Others the Way They Want to Be Treated." Another reason Logan cites for the company's success is having extensive professional training and support systems in place.  He says this is the major reason same store sales have continued to grow with only one store closure in the past two years, which was a decision to not renew the lease in a foundering re-development project.

"Having a solid track record has always been a higher priority to us than growth for growth's sake.  We looked at Springboro for a Sport Clips location several years ago, but decided at the time the market was not yet large enough.  There has been significant growth since then, and we're excited to be a part of the fast-growing local retail scene," Logan adds.  "Opening here in Springboro is also important to me personally. When I was in the Air Force I spent time at Wright-Patterson Air Force Base, about 25 miles north.  I am eternally grateful to all who contributed to our achieving this milestone, but 1,000 is only a waypoint towards bigger and better things!"

The 1,000th Sport Clips store is owned by Eric and Jill Everman of nearby Liberty Township.  Eric says he was attracted to the Sport Clips opportunity because he could maintain his current job, "Sport Clips supports franchisees with industry experts, and the process of getting started and running the business has been very thorough."  The Evermans have plans to open two additional Sport Clips in central Ohio.

Leading up to the company's 1,000th store, Sport Clips held a "Win A Grand" promotion in which participants were asked to select the city they predicted would be the location of the landmark opening.  The grand prize winner, chosen through a winning guess and a random drawing, is Brent Kuhlman of Mason, Ohio who happens to be a regular Sport Clips client.  Brent says he plans to top off his winning week with a haircut at his local Sport Clips! 

About Sport Clips Haircuts

Sport Clips Haircuts is headquartered in Georgetown, Texas and was established in 1993 by founder and CEO Gordon Logan. The sports-themed haircutting franchise, which specializes in haircuts for men and boys, is ranked by Entrepreneur Magazine as one of the top 20 "Fastest-Growing Franchises," and in the top 10 percent of the "Franchise 500." Sport Clips is the "Official Haircutter" of the Veterans of Foreign Wars (VFW), offers veterans preferential pricing on haircuts and franchises, and was named as one of the "Top Franchises for Veterans" by Franchise Business Review. Our "Help A Hero" program has raised almost $2 million to help deployed and hospitalized U.S. service members call home through the VFW's Operation Uplink. Sport Clips is a proud sponsor of Joe Gibbs Racing's NASCAR drivers Denny Hamlin and Elliott Sadler, and partners with numerous NCAA and professional sports teams. To learn more about Sport Clips, visit www.sportclips.com.

SOURCE Sport Clips Haircuts

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs