Sport Clips Named One Of The Nation’s Top 100 Franchises

Hair-Cutting Franchise for Men and Boys breaks into the Top 100 in Entrepreneur Magazine’s Franchise 500

GEORGETOWN, TEXAS (Tuesday, January 04, 2005) - Texas-based Sport Clips, Inc was recently named as one of the top 100 franchises in the nation. Ranked #83 in Entrepreneur Magazine’s January 2005 issue, this is the first year Sport Clips has broken into the Top 100. The company has been ranked in the Top 500 the past seven years, rapidly improving its ranking over time. The rankings are determined using a number of factors, including financial stability and the growth rate over a three year period.

“Being recognized as a top 100 franchise is a great honor and puts us in some great company,” notes Gordon Logan, CEO and Founder of Sport Clips. “Over the last few years our Team has successfully managed the leap from a start-up franchise to one that is expanding at a tremendous rate throughout the country.”

“Our focus in 2005 will be on building same store sales, increasing our presence in established markets, and opening new markets,” said Paul Mangiamele, Executive Vice President and COO. “As we continue to expand, we are committed to maintaining the outstanding level of service and Client experience that is positioning us as the haircutter of choice for men and boys.”

About Sport Clips

Featured on CNBC, Sport Clips is where the barbershop meets the sports arena. The combination of high-quality haircuts and a high-energy sports-themed environment has produced one of the franchise industry’s fastest growing chains. Sport Clips has 220 stores open in 25 states with over a hundred scheduled to open in 2005.

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