Top 10 Best Salon Franchise in India for a Profitable Business in 2023
Why Salon Franchise?
Salon is a place where people especially women go to get cosmetic treatments. Every salon around the world offers a variety of cosmetic services to consumers. Most salons make great money by offering hair care services to both men and women. In India salons and spas franchises have seen rapid growth over the last couple of years.
As of 2022, the Indian beauty and personal care market saw a whopping transaction of $26.07 billion. Many professionals have predicted that the salon market is going to increase by 4.64 percent for CAGR 2022-2025. India has one of the best salon franchises in the world.
Now, after that enormous facts and figures salon franchise is something you might be looking for. Salons have not only grown in metropolitan cities but, in sole towns as well. The Indian health and wellness including salons made an estimated worth of Rs 25 billion and contributed heavily to the overall Indian GDP growth.
You surely won't believe India has a 36,000 crore beauty care and salon industry that is largely unorganized. So, you can surely take an opportunity to open a reputed salon franchise in India. Without a doubt, we can say you will be earning crores annually. The turnover will just increase as the year passes by.
Why is Salon Franchise a Great Business Opportunity?
Most of the answer to this question is given in the above paragraphs. Other than its huge market growth and profit margin we could give you a million reasons why a salon franchise is a great business opportunity.
The first reason to go for a salon franchise is its booming industry. In this 21st Century, both men and women are focussing more on their skincare. Even teenagers have started visiting reputable salons to get cosmetic treatment. So, we can say that this industry will grow and will never stop declining. If you are opening a franchise at a good demanded location then you can easily roam around the world doing nothing.
The second reason why a salon franchise is a great business opportunity is because of the ever-growing film and modeling industry. The public follows whatever they get inspired by. The most inspiration the public get is from the modeling and film industry. Yes, the glamour industry plays a significant role in the growth of the salon industry. People regularly visit a salon to get themselves groomed and look good.
What is the cost of setting up a Salon Franchise?
The investment and cost of opening any franchise depend on the location, area, and demand. If you are planning to open a salon franchise in a highly demanded area then surely the total cost and investment will go high.
Also, if you are planning to open a reputable salon franchise then the requirements will be quite high. The average required space to open a salon franchise in India is between 700-1200 square feet or above. Additionally, the average total investment required to open a salon franchise ranges from 20-2 crore. Now, this amount could go higher as per the area, demand, and location.
So, if you are planning to open a salon franchise in India, be ready for a huge investment. You surely cannot open a salon franchise at a low investment as any other industry in India.
Top 10 Salon Franchise in India
Here are the top 10 salon franchise in India:-
Loreal Salon Franchise
Loreal is a French personal care and beautician company. The headquarters of this company is located in Clichy, Hauts-de-Seine. They have their registered office present in the same city and location. Loreal first came to India in 1994. They made their presence in India in a different way.
Read More : How to get Lakme Salon Franchise in India
Within a decade of their presence in India Loreal became the beauty leader in India. In the same year, Loreal started franchising and started offering the superior quality products that they are best known for.
- Franchising Since- 1994
- Loreal Investment required- 20 lakhs
- Franchising fee- Rs 5 lakhs to Rs 10 lakhs
- Space- 500-600 square feet
Monsoon Salon
Our list would surely be incomplete without listing Monsoon salon. Monsoon Salon is the best salon franchise in India as of 2022. The specialty of this franchise is that it offers a wide range of hair care services to consumers. This salon company was founded by Ms. Subhi Johari who happens to be the chairman of Monsoon Salon as well.
Today, this salon company has made its presence in 19+ cities in India and has opened up 60+ franchises across the country. Interestingly, any franchise of Monsoon Salon offers free consultations for clients who are willing to join their business model.
- Franchising since- 2012
- Monsoon Salon investment required- Rs 30-50 lakhs
- Franchising fee- Rs 5-8 lakhs
- Space- 100-600 square feet
Green Trends Salon Franchise
Green Trends is a Unisex salon for beauty and styling. Green Trends have very recently started to offer massaging to consumers. Today, this salon franchise has become India's leading unisex hair and style salon.
This salon franchise has made its presence in more than 50 cities across India and has opened up 350+ salons across the country. Interestingly, unlike any other salon in India, this salon offers 100+ consumer services. You can easily book an appointment by visiting their official website and checking everything out by yourself.
- Franchising since- 2010
- Green Trends Investment required- Rs 40-45 lakhs
- Franchising fee- Rs 6 lakhs
- Space- 500 square feet
Looks Salon
Looks salon is surely not a new salon franchise in India. This salon was launched way back in 1989 in India. This salon franchise has been franchising in India since 2003. This elite unisex salon offers various and wide ranges of hair and beauty treatments to consumers. If you are looking for the best spa then make sure you visit Looks Salon.
Interestingly, the founders of Looks Salon have professional experience in the beauty industry for more than 10 years. Their services include hair coloring, extensions, straightening, manicures, pedicures, and many more.
- Franchising since- 2003
- Looks Salon Investment required- Rs 20-25 lakhs
- Franchising fee- Rs 5 lakhs
- Space-500-700 square feet
BeU Salon
BeU salon is a super salon franchise business in India. Interestingly, this salon franchise is India's first smart salon. They have opened up more than 500 salons across the country. The company was founded in 2016 and has never stopped growing. Today, this salon serves more than 1 lakh customers daily.
- Franchising since- 2018
- BeU salon Investment required- Rs 15-20 lakhs
- Franchising fee- Rs 5-10 lakhs
- Space- 500 square feet
Shahnaz Husain Salon Franchise
If you are looking for the best business salon opportunity then Shahnaz Husain is the one for you. Shahnaz Group of Companies was started way back in 1970 in New Delhi. This salon franchise not only offers cosmetic treatments but, offers anti-aging treatments and ayurvedic care as well. It has been in the salon industry for more than 40 years now. Today, this company has opened 400+ outlets across India.
- Franchising since- 1980
- Shahnaz Husain Salon investment required- Rs 20 lakhs
- Franchising fee- NA
- Space- 1000 square feet
Juice salons franchise
Juice salon is a fashion salon franchise in India. They offer premium services to consumers in hair servicing, hair styling, foot care, and many more. This franchise was launched in India back in 2003 and has become a well-known salon brand in India. Today, this company has opened up more than 250+ franchises across the country.
- Franchising since- 2003
- Juice Salons Investment required- Rs 30-50 lakhs
- Franchising fee- Rs 60k
- Space- 700 square feet
B-Blunt salon Franchise
Adhuna Bhabani is the owner of B-Blunt salon. Interestingly, B-Blunt is India's premier hairstyling salon and has spread its academy across India. It has been in the Indian market since 2004 and is doing quite well. You can easily open a B-Blunt salon franchise in India.
Additionally, if you choose their franchise then you get enormous help and support from the parent organization. They offer you all the latest and trending products so that they attract consumers from the market.
- Franchising since- 2004
- B-Blunt salon Investment required- Rs 20-30 lakhs
- Franchising fee- Rs 2-5 lakhs
- Space- 1000-2000 square feet
Studio 11 Salon and spa franchise
Looking for a luxurious salon and spa then do not forget to visit your nearest Studio 11 Salon and Spa franchise. This salon company offers a variety of luxurious beauty services to consumers. This spa and salon business franchise has been in the Indian market since 2013 and started franchising the same year.
- Franchising since- 2013
- Studio 11 Salon and Spa Investment required- Rs 30-50 lakhs
- Franchising fee- Rs 5-6 lakhs
- Space- 1000-2000 square feet
Naturals Salon
Naturals are India's most prominent chain of hair and beauty franchise companies. All the appreciation for their current success goes to their world-class service to consumers. They have courteous staff and loyal consumers all over the country. Naturals have no more than 650 salons and have spread over major parts of the country.
- Franchising since- 2008
- Naturals Salon Investment required- Rs 50-55 lakhs
- Franchising fee- Rs 5 lakhs
- Space- 1200-2000 square feet