Top 5 Salon Franchise in India: Fees & Profit [Feb’24]

Higher self-esteem, higher self-confidence, and good health are some of the outcomes of maintaining hygienic habits and grooming. This is where salons come into play. 

A haircut not only enhances your looks but also contributes to a rapid rise in your self-confidence and self-love! A mere haircut can change the way people look at you and even the way you look at yourself!

In the year 2017 to 2019, India’s beauty and wellness market clocked close to an 85,000 Cr mark. Out of this significant number, 30% of the market is for the Salon industry, coupled with a 27-30% CAGR.

The above stats prove nothing but the fact that a salon business is the right business to be in! For your ease and betterment, we’ve handpicked some of the most successful Salon businesses in India, that will prove to be a fruitful venture for you! 

 

Best Salon Franchise in India

 

Listed below (not by order) are some of the successful salon franchise opportunities in India that we’ve handpicked for you:

Toni&Guy Salon Franchise

Toni&Guy established in 1963 by second generation hairdressers Toni, Guy, Anthony and Bruno Mascolo was influenced by their father, Franco. Franco was a salon owner and an entrepreneurial hairdresser who moved his family to London. His legacy was continued by his sons, who commenced the very first Toni&Guy salon in South London. The brothers were successful in making a name for their salon in the initial 20 years of establishment throughout London. 

After over 50 years of successful operations with the inclusion of daughters, sons, wives and nephews of the Mascolo family, Toni&Guy has managed to expand to 38 countries with more than 450 salons. Bruno and Zak of the Mascolo family are actively leading the Toni&Guy team currently. 

An estimated investment sum of INR 50 L to INR 1 Cr is required for a Toni&Guy franchise along with a franchise fee of INR 6 L, which is refundable after a total of 5 years. The monthly royalty is 10%. Agreement for a Toni&Guy franchise if 5 years and can be renewed after the period.

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

 

Affinity Salon Franchise

Founded in 1992 by Vishal Sharma, Affinity Salon is a network of unisex salons that provides sophisticated and fashionable beauty and hair treatments adhering to international standards.

Affinity Salon marks its presence in India with over 95 outlets nationwide.

To establish an Affinity Salon franchise, an investment of approximately INR 40 L to INR 75 L is necessary, along with a space requirement of 1000 sq. ft. or more. Additionally, a royalty fee of around 10% is estimated to be charged. ROI timeframe is 1.5 to 2 years.

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

 

Jawed Habib Salon Franchise

Founded in 2005 by Jawed Habib, Jawed JH Ltd. stands as India’s largest chain of unisex salons. The salon employs a blend of scientific and geometric systems to achieve an ideal fusion of Indian and Western hairstyles. Jawed JH Ltd. takes pride in its commitment to a science-based approach to hairstyling, steering away from a product-centric methodology.

Jawed Habib boasts an impressive network of over 900 salons and 80 academies, spanning across more than four countries and catering to an estimated total of 150 million customers.

The capital investment needed for a Jawed Habib franchise falls within the range of INR 15 Lakhs to INR 35 Lakhs, with a space requirement spanning from 1000 to 1500 sq. ft. Although the break-even period for a Jawed Habib franchise can vary widely, they typically provide an average estimate of 20 to 35 months. The franchise agreement for a Jawed Habib franchise spans 9 years, and it is renewable every 3 years.

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

 

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Geetanjali Salon Franchise

With the aim to provide a world-class salon experience, Geetanjali Salon was established by Mr. Prem Israni and Mrs. Neetu Israni in Green Park, South Delhi, in 1989. With over 3 decades of experience, Geetanjali has been multi-awarded nationally. Geetanjali salon offers 2 unique business solutions including a studio and a salon.

With the employment of over 2500 technicians and artists, offering globally renowned services and products, Geetanjali salon is spread out over 120 locations in more than 35 cities PAN India.

Establishment of a Geetanjali salon franchise, requires an estimated investment of INR 15 L to INR 20 L with a space requirement of 1000 to 2000 sq. ft. ROI timeframe is 1 year. The franchise tenure is 3 to 5 years. It will take 1 to 2 months to set-up the business

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

 

Looks Salon Franchise

The largest single salon chain in India, Looks was established in January of 1989, by Sanjay Dutta. Looks salon is the pioneer in beauty, hair and nail services and is successfully exceeding all industry standards and has given the hairstyle industry a new horizon. 

Looks Salon boasts of over 190 outlets in more than 51 cities with 50+ outlets in the pipeline. 

While the investment completely depends on the business size, an investment of INR 1.25 Cr will surely get you on the ladder. The investment required to set up a Looks Salon franchise is between INR 1 Cr to INR 1.15 Cr, this includes the franchise fee that is to be paid upfront and once. The franchisee agreement is renewable and is  9 years long. You’re welcome to acquire Looks approved investors. For a new build location, it will take 4 months to set up business while taking over an existing business will be easier and quicker.

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

CONCLUSION

So, now get a haircut along with a cut in stress, in money loss and in your burdens by investing in the right salon franchise business!

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