Why Invest in a Men’s Salon Franchise
Men’s hair care is one of the fastest growing industries, with no signs of slowing down. According to a report in Fortune Business Insights, the global salon services market size was valued at $215.65 billion in 2022, and is projected to grow from $230.64 billion in 2023 to $383.88 billion by 2030. That’s a CAGR of 7.55% in just seven years! Indeed, the demand for men’s grooming services is experiencing unprecedented growth, making it a wise choice for aspiring entrepreneurs to invest in this industry.
So what’s driving all this growth? For starters, men are increasingly becoming conscious of their appearance and are willing to invest in their grooming. They want to look and feel their best, and the men’s salon industry is meeting this demand by offering a range of services that cater to their needs – and not just haircuts and shaves. Now, many salons offer a wide range of services, including beard grooming and facials.
“Hairdressing parlors worldwide are increasingly utilizing sustainable and scented hair shampoos and massaging oils to enhance the customer experience,” Fortune Business Insights reported. “For instance, Sport Clips, a U.S.-based hair salon, uses steamed towels, massaging shampoo and custom-blended proprietary scents while offering neck and shoulder treatments and haircutting services. The rising need for salons to innovate their service offerings will positively influence market growth over the forest timeframe.”
Sport Clips Men’s Salon Franchise
Known as one of the most storied brands in the men’s salon industry, Sport Clips has become a unique fixture in hair care, with more than 1,800 locations across the U.S. and Canada. Sport Clips has become the go-to salon for men, with specialization in men’s grooming, signature services, sports-themed environment, online check-in, and a commitment to exceptional customer service.
Indeed, Sport Clips stylists are expertly trained to work with men’s hair, and we offer a range of services competitors can’t match, including the MVP Experience, which includes a precision haircut, hot towel treatment, and massaging shampoo. There’s a reason why Sport Clips has been around for so long and seen such incredible growth, especially in the last few years. And that’s because the franchise is committed to providing the best customer experience possible, while at the same time, offering a proven business model to franchisees who can bring the brand to the next level.
“At Sport Clips, we specialize in haircuts for men and boys, and we know what they want,” says Gordon Logan, the founder and CEO of Sport Clips. “They want a great haircut, in a place where they feel comfortable, with no appointment necessary, and they want to be treated like an MVP. That’s what we deliver, and that’s what sets us apart.”
Incredible Demand
The demand in the men’s salon industry is through the roof, and it’s not hard to see why – literally every guy is a potential customer! More than ever, men are becoming more health conscious. They want to look and feel their best, and that includes regular hair care services, and being willing to pay for it. Indeed, every age group and income bracket is a potential customer base, because every man wants to look good and feel confident.
But that’s not all. Men are also looking for experiences that go beyond the traditional barbershop. Salons that offer a range of services, such as massages and facials, in addition to haircuts and shaves, are more likely to attract more customers. What do men want more than convenience? It’s true – salons that offer online booking and walk-in services make it easy for men to get the grooming services they need without having to schedule an appointment in advance. As the industry continues to grow and evolve, salons that cater to these needs are likely to see continued growth.
Affordable Investment
Sport Clips offers one of the best business models in the industry, evidenced by decades of growth and locations open across the U.S. and Canada. With low initial investments and start-up costs, Sport Clips is an accessible investment opportunity for aspiring entrepreneurs who want to take their future into their own hands. It’s true – the estimated total investment to open a new Sport Clips franchise ranges $266,300 to $439,500, making Sport Clips a low cost investment with the potential for high returns. The total estimated investment includes everything you need to get started, including the initial franchise fee, the costs of build out, Grand Opening marketing expenses, and up to six months of working capital to ensure your business gets off to a good start.
Also, while the price point of Sport Clips services varies by location, it is generally competitive with other men’s grooming options. The brand offers a range of services, from haircuts to beard trims to facial treatments, at a reasonable price. This has helped to attract a diverse customer base, including budget-conscious men who want high-quality services at an affordable price.
Last but certainly not least, Sport Clips has a proven business model that has enabled it to rapidly expand its footprint across the U.S. and Canada. The brand offers franchise opportunities to entrepreneurs who want to be part of a growing brand. The franchise model includes comprehensive training and support, site selection assistance, marketing and advertising support, and ongoing operational support. Additionally, the brand has a streamlined and efficient operational system, which makes it easier for franchisees to manage their businesses effectively.
Franchise with Sport Clips Today!
Don’t wait! Learn more about the Sport Clips franchise opportunity today by visiting our research pages here or filling out a form to request more information here.
