Sport Clips Haircuts to Reach 'Billion Dollar' Mark in 2011

Nation's Largest Men's and Boys' Hair Care Franchise Shares Growth News and Showcases Standouts at National Huddle

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Mar 18, 2011, 02:29 ET

SAN ANTONIO, March 18, 2011 /PRNewswire/ -- Sport Clips will reach a "billion dollars in haircuts" this summer after franchising for only 16 years, according to the franchise's Founder and CEO, Gordon Logan. Sport Clips Haircuts is the nation's leading men's and boys' hair care provider with more than 760 stores in 38 states and was recently named eighth in Forbes' "Top 20 Franchises to Start." Speaking to the 1,350 attendees at the company's largest National Huddle to date, Logan also announced that same-store sales were up nine percent last year and up 10 percent over fourth quarter in the first quarter of 2011. Additionally, he expects 120 new stores to open this year.

Logan attributed the strength of the Sport Clips franchise model and hard work of Team Members at all levels for the company's growth, "We have Area Developers, Team Leaders (franchisees), managers, coaches, stylists and support center professionals all working together to provide the best hair care experience for men and boys. It makes me extremely proud to be associated with every one of them."

Highlights of the meeting held at the Marriott Rivercenter included presentations by Jody Conradt, former University of Texas Women's Basketball Coach; Angus Mitchell of John Paul Mitchell Systems; motivational speaker and comedian Joe Malarkey, and T. Scott Gross, author of Positively Outrageous Service. Special recognition was also given to the franchise's support of deployed and hospitalized soldiers through its $400,000 donation to the Veterans of Foreign Wars' free call days program, Operation Uplink.

About Sport Clips

Sport Clips is headquartered in Georgetown, Texas and was established in 1995 by founder and CEO Gordon Logan. The franchise has ranked in the top 50 "fastest growing" for the seventh straight year in Entrepreneur Magazine's "Franchise 500", in the top 10 in Forbes' "Top 20 Franchises To Start", and in the top 50 in Dun & Bradstreet's AllBusiness.com "2011 AllBusiness AllStars". Sport Clips is the "Official Haircutter" of the Veterans of Foreign Wars (VFW) and offers veterans preferential pricing on haircuts and franchises. Our "Help a Hero" program has donated more than three-quarters of a million dollars to help overseas soldiers call home through the VFW's Operation Uplink. Sport Clips is a proud sponsor of Joe Gibbs Racing's NASCAR drivers, Joey Logano and Denny Hamlin, and holds partnerships with several teams in the National Basketball Association (NBA), Major League Baseball (MLB), and National Hockey League (NHL). To learn about franchise opportunities click here, and for locations throughout the United States, visit SportClips.com. For media resources and additional information on Sport Clips, visit SportClipsMedia.com.

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