Meet the fastest-growing concept in a $65 billion industry: a hair salon franchise
I just returned from the biannual FranChoice conference, where I found out about an opportunity I can’t wait to share with you.
I’m really fired up about this company for a ton of reasons. It hits everything on the “most wanted” checklist:
✔ Recurring revenue. The business draws repeat customers so you’ll have predictable income.
✔ Modest start-up investment. Requires less $$ than usual for a brick and mortar franchise.
✔ Recession-resistant. The business satisfies a consumer need (vs. a want), so there’s strong demand even in a downturn.
✔ Minimal inventory. Few products on the shelf so your cash flow keeps moving.
✔ Flexible model. Manager-run allows you to keep your job or focus on opening multiple units.
✔ Cash business. You get paid at time of service! No accounts receivable.
✔ Resistant to advances in technology. This company provides a service that involves the human touch, so no worries about Amazon, computers, or robots replacing you!
You’re probably wondering what type of service this business-of-your-dreams provides.
Here’s the great news: it’s in a $65 billion industry!
Here’s even more great news: its parent company is a King Midas – every brand it touches turns to gold!
Here’s the surprising news: it’s a barber shop!
This category has been one of the safest franchise investments for 30 years.
Talk about recession-resistant – hair grows even during a downturn in the economy! And no matter whether we’re in a bull or bear market, people take advantage of the consistent and convenient experience that hair care franchises like Great Clips, Supercuts, and Fantastic Sam’s provide. The reason everyone knows these names? They have thousands of locations – the model works.
Spill the beans! What brand are we talking about?
I can’t tell you the name here but it’s the fastest-growing, next big concept in the $65 billion hair care industry. Its focus is on a specific demographic: men ages 25 to 75 who are looking for a better experience than what the value chains offer. This particular brand is backed by the industry's global leader. The parent company owns, franchises, or holds ownership interests in approximately 8,000 salon locations under various national and world-famous brand names. We’re talking MVP in the beauty industry. And the unit economics make this investment a no-brainer. You’ll be serving a more discriminating customer who is willing to pay a little more for their men’s grooming experience – which includes more than a simple haircut.
Getting in on an opportunity like this could change your life. Take a look at where you are and where you want to be. If there’s a big gap between the two, you owe it to yourself to consider being your own boss. In addition to this opportunity, I have many other aces up my sleeve. Schedule a 15-minute call with me and let’s talk. As always, my consulting services are 100% free with no strings.