GEORGETOWN, Texas (Mar. 2, 2018)
Sport Clips Haircuts was recently ranked among Entrepreneur magazine’s Fastest-Growing Franchises. This highly competitive list recognizes the 150 companies with the greatest franchise unit growth in North America, based on data submitted for Entrepreneur’s Franchise 500® ranking. Sport Clips ranked in the Top 10 in the annual overall ranking and 22nd for its "exceptional growth," having opened 136 stores in 2017.
"We started the business 25 years ago this year, and this ranking signifies Sport Clips continues to be a strong, expanding concept," says Gordon Logan, founder and CEO of Sport Clips Haircuts. "Eight years in a row as a 'fastest growing' franchise is more than a compliment to the brand, it's further affirmation that Sport Clips is a winning investment for those who join our team."
"For business owners who want to grow their brand quickly, franchising is a compelling and often effective option,” says Jason Feifer, editor in chief of Entrepreneur. “The companies on this list prove that well, having opening a combined total of more than 10,000 new franchises in just one year.”
Entrepreneur’s 2018 Fastest-Growing Franchises ranking is based on each company’s net franchise-unit growth in the U.S. and Canada from July 31, 2016 to July 31, 2017, with ties broken based on percentage growth.
The ranking is in the March print issue of Entrepreneur and online at entrepreneur.com/franchises/fastestgrowing.