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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 salon services has also increased by 8%. And women are relying more on salons and colorists for color treatments. 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 hair salons is now at 35%, and continues to increase. Add it all up and you see why the hair care business is a recession-resistant franchise opportunity.
Hair salon franchises 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.
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