The Hair Care Market
The hair care industry isn’t going anywhere: In fact, it just keeps growing! Fantastic Sams has built onto this in-demand business model by offering hair care for the whole family.
The Enduring Hair Care Market
The beauty industry is currently a $75 billion dollar business — and the future looks even more promising. Why? Because hair care is a human-driven enterprise: for people, by people. The services that hair stylists provide can’t be automated or replaced by technology, streamed through the internet, or outsourced to another country.
In the stable and growing salon industry, Fantastic Sams has proven our staying power in the past four decades. Now, with our updated New Image salon design, we’ve evolved beyond the familiar brand you might remember from your youth. Today, our franchise is over 800+ locations strong, and we expect that number to continue to grow.
Hair Care vs. Other Consumer Service Industries
Compared to other consumer service industries, salon care has proven to be recession-resistant: Just about everyone needs a haircut, and good grooming is crucial to those seeking and maintaining employment. It’s just one of many great reasons to invest in our haircut franchise.
After purchasing salons with zero experience in the past, it was somewhat of a concern, but what we were confident in was the processes and the systems that were in place with the salons. That is what really gave us the confidence to be able to continue and grow.