Hair Salon Franchise

hair saloon franchise business

Opening a hair salon is a wonderful way to work with people as a Franchise Owner. You’ll have the opportunity to work with regular customers and licensed & skilled staff. The beauty industry is a promising place for business owners passionate about customer service and personal interactions.

Advantages of owning a hair salon franchise include:

  • Additional Revenue Opportunities: Hair salons provide the opportunity to sell styling products and add-on services such as hair coloring and highlights. Your stylists can recommend specific products, and many customers will want to buy them.
  • Repeating customers: Hairstyling can be very personal. When people find a hair salon they love, they keep coming back. Because hair requires regular cutting and styling, you’ll have customers who return as often as weekly to get their hair done the way they like it. making them Customer for life
  • Customer Referrals: Hair salons that do a great job are often recommended by word-of-mouth and through social media. Your happy customers are sure to tell others creating free marketing for you

Hair Salons Market Size is $47.1bn in the US in 2019. It is expected to continue to grow at a 1.5% rate in the US Market. Historically this type of business is growing at an Annualized rate of 2.1% in the USA from 2014–2019.

Franchises like Great Clips saw 4.5% growth in 2017, while Sport Clips saw 10.2% growth. Family-economy chains are taking a majority of the growth options seen in the industry. (source: Salon Today)

45% of the revenues generated by the hairstylist industry come from cutting or styling services. About 17% of the revenues come from tinting and hair coloring services, while 15.9% of the revenues are for nail care services. (Source: IBIS World)

70% of women in the United States say that they use hair coloring products. (The Atlantic)

At Get Me Franchise, we help our clients MATCH with the right Franchise business. You can Complete contact us form and we can help completely free of cost to you without increasing the cost of ownership.

Industry report can be obtained from IBIS Report