4 great reasons to invest in hair and beauty
If you need four great reasons to invest in hair and beauty, you don’t need to look further than this quartet of well-established brands, all experienced in their sector and in franchising.
A brand with a French skincare history that’s also welded into the Australian beauty psyche, Ella Baché has been in business since 1936. The brand arrived in Australia in 1954 and began franchising in 2002.
Today there are more than 100 outlets across Australia, and the brand continues to focus on innovation, a foundation of the business set by its founder Madame Baché.
Last year CEO Pippa Hallas responded to the challenge of Covid by introducing a digitally-driven service, a virtual salon.
Franchisees need to be business savvy; beauty therapy qualifications are optional.
Expect a franchise today to cost between $150,000 and $300,000 for a five year term with two options to renew.
Another brand with a distinctive French accent, Franck Provost has only been in Australia since 2008, although the founder began plying his craft in his own business back in 1975.
The business has been extending its glamorous footprint internationally through franchising for more than 25 years.
This high-end, full service hair chain now counts more than 700 salons in its network around the world, with more than 14 across Australia.
Offering a premium service to customers, Franck Provost is a high profile brand that provides franchisees with access to renowned supplier brands L’Oreal and Kerastase, and strong franchisor support.
A premium salon comes with a premium price tag – expect to pay at least $250,000 for a salon.
Forty one years ago Denis McFadden took the first step towards creating an empire of cost-conscious hairdressing salons when he launched his no-appointment salon.
A decade later and the business began franchising, and it hasn’t looked back .
The chain numbers more than 200 salons in total, across Australia, New Zealand and the UK – with the British footprint spreading rapidly.
Franchisees don’t need to be hairdressers and the business model offers flexibility – the average Just Cuts franchisee spends less than 30 hours working on their business.
A kiosk option provides an entry-level option for budget-constrained franchisees.
Expect to pay from $170,000 to nearly $300,000 for a franchise – depending on model, size and location.
Price Attack began back in 1984 and opened up its chain of stores to franchisees in 2003. The all-in-one package of hair salon and hair and beauty retail now numbers 64 units.
Franchisees need to be armed with hairdressing experience or qualifications, combined with a love of retail, or be passionate retailers keen to move into the lively hair and beauty sector.
The full service hair salon also delivers a number of beauty treatments.
Expect to pay upwards of $150,000 for a brand new site – this cost does not include stock.
In addition to franchisor support and proven operational systems, Price Attack offers franchisees a franchise agreement that coincides with a lease term.