Franchising Opportunities in the Hair Care Industry

Hair care is a 59 billion dollar industry that’s always growing. The average weekly salon customer count has increased by 10% in the last four years, and industry projections estimate that by the year 2012, 3.5 million more women will start going to salons on a monthly basis. The average price for beauty salon services has also increased by 8%. And women are relying more on full service salons for hair cuts, color treatments and various other hair care services. Plus, over 60% of women have purchased hair care products in salons.

There are positive numbers when it comes to men as well. The number of men going to full-service salons is now at 35%, and continues to increase. Add it all up and you see why hair care is a recession-resistant franchising opportunity.

Hair care franchises and beauty salon businesses are a sound investment because they require relatively modest start-up funds. As an all-cash business, you’ll have easy access to your capital. You also won’t have to deal with perishables, hourly labor, waste, or manufacturing.

* All facts and figures according to the 2006 Salon Green Book.