The current location in southern california has proven the business model and is a consistently growing enterprise. With beauty and personal care now at the top of the list for not only the 35 to 55-year-old professional-woman market but the millennial demographic, there is an almost unlimited opportunity for growth.
They offer one of a kind 'add-ons' with high margin services that afford this first-in-space concept a distinct competitive advantage over the standard blow-dry bar, and facilitate participation in the overwhelming worldwide acceptance and demand for extensions.
Professional industry groups report that this industry outperformed the overall private sector in recent years and the employee base provides a steady supply for the expanding job opportunities. Industry projections are for steady growth rates that exceed the expected gdp.
Competition exists, proving the practicality and market acceptance of this service. This salon has taken advantage of the expected growth and has designed and added new services giving them an edge over the existing competition.
In addition to the salon in so. California, the owners, a franchise attorney and experienced former franchisor, have built an expansion-ready business. Franchise expansion opportunity is available for an entrepreneurial buyer. Essentially, all the components necessary to sell franchises and help the franchisors run their businesses have already been completed. A nice option to consider adding to the salon.