5 Hair Care Franchises We Love

In 2020, the global hair industry was worth more than $75.06 billion dollars, and the industry is predicted to grow another $4.93 billion by 2024. If that isn’t enough to persuade potential franchise owners, the haircare industry is proposed to grow to $112.97 billion by 2028.

Hair care is an industry that has a near-universal need with light inventory, low overhead costs and staff and relatively simple operations. Brands in the industry are able to offer franchisees a technology-resistant, in-person, high-demand service that is needed in all communities.

‘Hair’ are the hair care franchises we suggest looking out for in 2021.

Drybar

• Startup costs: $644,070-$1,348,360
• Units: 141
• 1851 Brand Newsroom 

Founded in 2010 by Alli Webb, Drybar  found its niche in the hair care industry by offering affordable, luxury blowouts. The brand’s mission statement is to provide happiness, confidence and empowerment to people of all hair types while providing franchisees with a streamlined business model. Drybar was recently acquired by WellBiz Brands, Inc., a franchise portfolio company, that plans to help the brand dominate the blow-dry industry and grow its franchise system by offering the opportunity to qualified individuals in 2021.

Roosters Men’s Grooming Centers

• Startup costs: $173,750-$303,350
• Units: 85

Roosters Men’s Grooming Centers, part of Regis Corporation, was founded in 1999 and provides an authentic barbershop experience to customers in a modern and upscale environment. Roosters provides franchisees with business training, stylist education, site approval and marketing programs in order to build a successful business. Each individually owned salon focuses on delivering customers with consistent and exceptional service.

Nikita Hair

• Startup costs: $162,000-$269,000
• Units: 1
• 1851 Brand Newsroom

Founded in 1984 by Ellen Nicolaisen, Nikita Hair is one of Europe’s most successful hair salons and is targeting the United States for expansion. Nikita Hair prioritizes  quality of service and the client experience, which sets the brand apart from the competition. The brand is partnered with Keyser Real Estate, which provides local experts to franchisees to help scout locations that meet Nikita Hair criteria. The brand is currently targeting franchisees in the Midwest and states along the East Coast. 

Fantastic Sams

• Startup Costs: $145,000-$316,000
• Units: 1,002

When Sam Ross opened his first hair salon location in Memphis, Tennessee, his goal was to offer an affordable salon experience that is accessible to everyone. Each location offers a variety of services, including coloring and salon services for men. Fantastic Sams offers franchisees with an additional revenue stream without having to be an operator. Many franchise locations are manager run, which allows potential franchisees with no previous hair care experience to enjoy the benefits of owning a Fantastic Sams.  

Supercuts

• Startup costs: $151,000-$321,000
• Units: 2,814

Founded in 1976, Supercuts is one of the leaders in the value-salon industry. The brand offers a contemporary environment for men’s hair care across the U.S., Canada, Puerto Rico and the United Kingdom. With a low overhead and simple business model, Supercuts allows franchisees to build out their business portfolio with multi-unit opportunities.