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Best
Top 10 Hair Salon Franchises
Key Facts For The Lash Lounge
-
- Franchising Since:
- 2006
-
- Franchise Units:
- 9
-
- Cash Investment:
- $100,000
-
- Total Investments:
- $247,500 - $376,750
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.thelashloungefranchise.com
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Key Facts For My Salon Suite
-
- Franchising Since:
- 2012
-
- Franchise Units:
- 250
-
- Cash Investment:
- $150,000
-
- Total Investments:
- $686,171 - $1,809,913
-
- Royalty Fee Rate:
- 5.5%
-
- Financing Available:
- 1
-
- Website:
- mysalonsuite.com
Key Facts For Magicuts
-
- Franchising Since:
- 1982
-
- Franchise Units:
- 84
-
- Cash Investment:
- $100,000
-
- Total Investments:
- $100K liquid assets, $300K net vworth
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.magicutssalons.com
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Key Facts For Roosters Men's Grooming C...
-
- Franchising Since:
- 1999
-
- Franchise Units:
- 20
-
- Cash Investment:
- $38.5K
-
- Total Investments:
- $150 - 225K
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.roostersmgc.com
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Key Facts For Hair Saloon Formen
-
- Franchising Since:
- 1997
-
- Franchise Units:
- 9
-
- Cash Investment:
- $15-50K
-
- Total Investments:
- $218.6 - 299.9K
-
- Royalty Fee Rate:
- 4%
-
- Financing Available:
- 1
-
- Website:
- hairsaloon.com
Key Facts For Great Clips
-
- Franchising Since:
- 1983
-
- Franchise Units:
- 4,200
-
- Cash Investment:
- $50k-- select markets $75k
-
- Total Investments:
- $137,050-$258,450
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.greatclipsfranchise.com
Key Facts For Pro-Cuts
-
- Franchising Since:
- 1982
-
- Franchise Units:
- 175
-
- Cash Investment:
- $22.5K
-
- Total Investments:
- $94.1 - 195.8K
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.regisfranchise.com
Key Facts For Toni & Guy Hairdressing A...
-
- Franchising Since:
- 1990
-
- Franchise Units:
- 10
-
- Cash Investment:
- $40K
-
- Total Investments:
- $196.5 - 1,460K
-
- Royalty Fee Rate:
- 5-6%
-
- Financing Available:
- 1
-
- Website:
- www.toniguyfranchise.com
Key Facts For supercutsfranchise.com
-
- Franchising Since:
- 1975
-
- Franchise Units:
- 1,017
-
- Cash Investment:
- £150,000
-
- Total Investments:
- £112.6K - £243.2K
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- www.supercutsfranchise.com
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Key Facts For First Choice Haircutters
-
- Franchising Since:
- 1980
-
- Franchise Units:
- 445
-
- Cash Investment:
- $150,000
-
- Total Investments:
- $182,000 - $274,000
-
- Royalty Fee Rate:
- 5-7%
-
- Financing Available:
- 1
-
- Website:
- www.firstchoice.com
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Evaluation Critieria: Best Hair Salon Franchise Opportunities
Growth Prospect
Our analysis of franchises involves a look at the historical growth which franchised businesses have attained over time and the overall prospect of growth in the future. Those looking to start a franchised business are often searching for franchises which have established themselves a history of growth and expansion due to successful business strategies, advertising campaigns, and quality grooming services being offered.
Marketing Support
Those looking to start a hair salon are going to look for franchises which assist their salons in reaching an audience relevant to the atmosphere of the salon. We investigate the dedication towards expanding a franchise through effective and targeted advertising and marketing campaigns. We also focus our analysis on how the franchises use advertising channels to reach an audience most relevant to their hair salons.
Training
Those looking to start their own hair salon are going to look for the franchises which offer their franchisees quality training materials and programs to ensure their cosmetologists are properly certified and trained. During our analysis, we delve in the types of resources which franchises make available to their entrepreneurs in regards to finding properly trained and certified professionals to offer their services.
Ongoing Support
A lot of what happens with franchises happens even after the start of the business. It is important for the franchises which we recommend to continue to support and communicate with their franchised businesses in order to take advantage of their collective experiences. We investigate just how much communication happens between franchises to ensure the best quality services are being provided by the collective.
Value
There is a lot to be said about the value of a hair salon in terms of how individuals perceive the target audience and the quality of cosmetology services being provided. The quality of the brand and the overall reputation of the salon is important to those looking to have their hair designed and sculpted from someone which specializes in a particular style or specializes in extra skin and hair care of a specific type.