Salon Franchise Opportunities
Revenue for hair care in the United States is expected to reach $13,043.3 million in 2021.
On average, each American consumer spends approximately $38 on hair care a year.
24% of all beauty products sold in the United States are hair care products.
Beauty salon revenue is expected to grow annually at a rate of 3.2% to $58.7 billion by 2019.
Types of Hair & Beauty Salon Franchises
From nail salons offering manicures and pedicures to hair salons to spas, there are many different varieties of hair care and beauty salon franchise opportunities. Even within the hair care option you can choose from salons that cater exclusively to men, children or that offer affordably priced haircuts. Additionally, the personal care market includes such services as tanning, waxing and facials if you are interested in including those options at your location.
Why Buy a Beauty or Hair Salon?
A hair care franchise is a great franchise to consider because it offers a steady revenue stream. People care about their appearance and are willing to spend money to maintain it. Whether that means regular haircuts or additional personal care services, a beauty salon provides a necessary service. Additionally, including other services, from nail care to waxes to hair care products, increases your potential revenue stream.
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