Sport Clips Haircuts soars to #16 in Entrepreneur "Franchise 500"

GEORGETOWN, Texas, Dec. 18, 2015 /PRNewswire/ -- Sport Clips Haircuts, the nation's leading men's and boys' hair care provider, soared 20 spots to land 16^th overall in the annual Entrepreneur "Franchise 500" rankings, the largest move by any hair care concept. Sport Clips rose from 36^th in the 2015 report to the top 20 spot. Entrepreneur bases its ranking on franchises' financial strength and stability, growth rate and size of the system.

"We continue Sport Clips' aggressive growth while sticking to a franchise system that works. It's gratifying to see the business that my wife Bettye and I started two decades ago become the business of choice for our franchisees, team members and clients," says Founder and CEO Gordon Logan. "When such a well-respected ranking recognizes the success you see every day, it affirms that Sport Clips has become a dominant player in the hair care industry."

Pete Lindsey, Sport Clips Vice President of Franchising adds, "This recognition by Entrepreneur is really exciting. I credit this to our great support team members that work with our Team Leaders (franchisees) to drive the business. Great things happen when you have good alignment and right now, Sport Clips is aligned."

Sport Clips will open its 1,500^th store in early 2016 and is on track to reach 3 billion in haircut sales in the year ahead. The company is a leader in the hair franchise and beauty salon franchise business, and is the only haircare concept with a presence in all 50 states and in Canada. Sport Clips is known for its support of the military through its partnership with the VFW and providing Sport Clips-funded "Help A Hero" scholarships to hundreds of active-duty service members and veterans, and is an active part of the International Franchise Association's VetFran program. For franchise opportunities, visit sportclipsfranchise.com.

About Sport Clips Haircuts

Sport Clips Haircuts is headquartered in Georgetown, Texas. It was established in 1993 by founder and CEO Gordon Logan and started franchising in 1995. The sports-themed haircutting franchise, which specializes in haircuts for men and boys, is ranked by Entrepreneur as one of the Top 10 "Fastest-Growing Franchises" and ranks 16^th in the "Franchise 500." It is also ranked by FORBES as a "Top Ten Best Franchise" to buy for its investment category. With more than 1,400 Sport Clips stores, new locations open each month in the U.S. and Canada. 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 "2016 Best for Vets: Franchises" by Military Times. Our "Help A Hero" program has raised almost $4 Million to help deployed and hospitalized U.S. service members call home through the VFW's Operation Uplink™ and to provide scholarships for veterans transitioning to a civilian career. Sport Clips is a proud sponsor of Joe Gibbs Racing's Denny Hamlin and Carl Edwards, and partners with numerous NCAA and professional sports teams. To learn more about Sport Clips, visit sportclips.com.

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SOURCE Sport Clips Haircuts

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