Sharkey’s Cuts for Kids

Sharkey's Cuts For Kids Franchise"Passive ownership is what Sharkey's is all about", says CEO Scott...

Cash Required: $160,000

Great Clips

The GREAT CLIPS ADVANTAGEWhat's our advantage? We lead the industry in practically every measuremen...

Cash Required: $75000

dermani MEDSPA

Dermani MEDSPA FranchiseA Business Focused on All-Around AestheticsThe Health and Aesthetics Spa ind...

Cash Required: $150000

Amazing Lash Studio

In 2019, we opened 35 locations and signed 60. Why? Our amazing business model and amazing support t...

Cash Required: $100000

Perspire Sauna Studio

Perspire Sauna Studio is the nation's fastest-growing infrared sauna studio franchise. With a proven...

Cash Required: $150000

Phenix Salon Suites

A SUITE NEW LOOK! Our refreshed interior adds a sleek, modernized look to our lobby and common areas...

Cash Required: $100000

GLO30

GLO30 is redefining the SkinCare Category. The membership-based facial studio provides routine, cust...

Cash Required: $450000

4Ever Young

4Ever Young Franchise Features and BenefitsThe Anti-Aging and Wellness Industry FranchiseIf you're t...

Cash Required: $$200,000

LashKind

Born out of the Blo Blow Dry Bar franchise concept and the successful MYNC Lash & Brow Bar, the Lash...

Cash Required: $100000

Deka Lash

Break into the Billion Dollar Beauty Business!Deka Lash Franchise Opportunity 2023Deka Lash is the p...

Cash Required: $90000

The Lash Lounge

Who Operates a Lash Lounge Beauty Salon?Lash Lounge franchise owners come from diverse professional...

Cash Required: $200000

Hammer & Nails

 HAMMER & NAILS FRANCHISE OPPORTUNITIESHammer & Nails franchise was founded in 2013 as a male-center...

Cash Required: $100000

 Here are some statistics about hair care and beauty salons:

·         Revenue

In 2023, the hair salon industry is estimated to generate $91.23 billion in revenue.

·         Growth rate

The hair salon market is expected to have a 3.03% compound annual growth rate (CAGR) from 2023 to 2027.

·         Number of businesses

As of 2023, there are 952,909 hair salon businesses in the US, which is a 0.2% increase from 2022.

·         Profit margin

Startup Opinions says that the average profit margin of a beauty salon is around 8.2%. However, depending on the management, the profit margin can vary between 2% and 17%.

·         Market size

In 2021, the global hair salon market size was valued at USD 50000.0 million. It is expected to expand at a CAGR of 1.42% during the forecast period, reaching USD 54400.0 million by 2027.