| Sport Clips | Drybar | |
| Disclosure honesty | C | C |
| Investment from | $189,300 | $409,979 |
| Total fees | 11% | 9% |
| Outlets | 1,584 | 176 |
| Lawsuits | 0 | 1 |
Discloses gross sales only (avg $412K, median $386K for 1,105 stores) and company-owned store expense report showing 31% avg operating profit. Omits royalties from profit calc; excludes newer/lower-performing stores; no franchisee net income stated.
Discloses 2024 average/median revenue by tenure cohort (all 146 shops: avg $855,793; 5-yr+ avg $1,017,847) plus member counts and conversion rates. No costs, expenses, or net income disclosed; excludes 13 closed shops.
Full net-profit math, financing, red flags. See a sample →