Dex Makeup & Hair Salon Franchise for Sale

Dex Makeup & Hair Salon Franchise for Sale

Starting investments from:

 8,500,000

Description

Description

DEX MAKEUP & HAIR SALON FRANCHISE OPPORTUNITIES

Beauty salons have proven to be a recession-proof industry across the United States. Although sales had declined from 2008 highs due to the Great Recession, they remain robust with a long-term positive forecast.Even though during recessions, consumers tend to be more price-conscious, spending continued to increase. With rising per capita incomes across the United States since 2015, beauty salons boomed with the industry generating $56.2 billion in the United States. Hair care was the largest segment, with 86,000 locations. Skincare was expected to have revenue of almost $11 billion by 2018. This growth was driven in part by an increasing awareness of the importance of skin care among American women, but also specifically due to an increase in the market for men. In 2020, the market was distributed widely across America, with a concentration in the Northeast and Midwest.

There was also a growing trend in boutique salons popping up and leveraging online marketing to gain customers and compete with the franchise chains.In 2014, the US Labor Department estimated employment in the United States increased 20% between 2008-2014, with the greatest employment growth from skincare specialists.Beauty salons employ cosmetologists specializing in general beautification techniques. Cosmetology licensing requirements vary from state to state, and depending on which specific type of license is desired, and depending on which specific type of license was desired: general cosmetologist, hair stylist, esthetician, manicurist, barber, electrologist, or other.

 

Franchise Details

Dex Makeup & Hair Salon

Business Type:

Makeup Salon.

Investment:

8 Million – 9 Million

Franchise Fee (Not Refundable):

1.5 Million.

Royalty (Monthly):

4% on Gross Sale.

Security (Refundable):

8 Lack.

Area Required:

2000-5000 Sqft.

 

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