Among business opportunities that offer pretty great returns on the investment, salons hold a steady place. The cash-based nature of the business makes it a customer-based business, delivering returns of around 25-30 percent annually. Especially popular in the urban population, salons make great returns in tier 1 and tier 2 cities. Franchisees of a salon brand are quick to recover their initial investment made as the initial investment is pretty humble, and rentals are low.
The awareness of men and women regarding self-care is following the rising trend. The cinema and the lifestyle in cities have made it necessary for the modern urban woman to visit salons frequently. Men also have moved beyond their traditional hair and shaving options to fundamental skincare and preservation. The gender binary that designated women as salon goers has changed drastically in recent times.
As business opportunities and scopes have changed, the return on investment has grown more handsome; any young man or woman entrepreneur who has appreciation and admiration for self-care must venture into the franchise business of a leading salon that has a foothold in critical places and is a name for quality and trust. In this regard owning a franchise of a salon brand, as reputed as Affinity Salon – a leading hair and nail care industry with over a decade of experience and positioned in key metro cities – would be cherry on the cake for any exuberant entrepreneur.
What makes Affinity click?
Any business concerned directly with consumers and operates in the B2C segment relies heavily on customer satisfaction. This reliance of businesses grows even more when the business offers services concerned with the look of customers. Affinity salon boasts of its unique, popular, and customized experience that it proffers to its clientele, and each client’s requisites are recorded, and services are tailored to precision so that they would suit the perfect needs of the clients. Each customer of Affinity is a happy customer whose requirements have been met above par their expectations. The clientele ranges from the followers of trends to trendsetters to the fashion icons, i.e., celebrities. These customers have experienced a satisfaction at Affinity that they have found nowhere else, and thus they stick to Affinity salon. These happy customers, their suggestions, and reviews have made Affinity Salon a pioneer in the hair and nail care industry.
Units of Affinity Salons are present at all the key metro cities that profess themselves as the country’s fashion cities and where trend reaches before any other city of the country. Places such as Mumbai, Navi-Mumbai, Pune, Kolkata, Hyderabad, Lucknow, and Dubai have special prominence. This presence at significant sites, a happy clientele with stellar personas, and the skilled and enthusiastic workers at Affinity salon clicks with the broad audience interested in fashion and self-care.
Who should be the franchise partner?
The selling point of the name and brand Affinity salon is made by enthusiastic individuals who believe self-care and fashionable styling as of utmost importance and are ready to dedicate their work ethics to the suo moto of the Affinity Salons. When Affinity salon is looking to expand its operations, it is searching for like-minded people who take cognizance in a happy clientele.
The Affinity is looking for such visionary individuals who are passionate about the cause and are more than happy to impart all the necessary skills and techniques to make the salon of the franchisee the best in the city.
The salon was founded in the year 2000 and had its operation up and running ever since. Franchise distribution of Affinity salons started out in 2006, and up till now, there are 28 outlets of Affinity in prime locations and prime cities.
The initial investment required to open a Affinity salon would be around 60-70 lakhs, and the space required should be in the range of 1000-2000 square feet. The payback period after opening up the outlet is expected to be around 18-24 months. The location sought by the Salon owners is Pan India.
The setup, skilling of the workers, and putting them ahead in this cut-throat industry, which is ever-evolving, is done and facilitated by Affinity salon itself.
Any franchisee business has a lower risk than starting on something new. Affinity salon is such a big name in the hair and self-care industry and has a great and happy clientele. To be associated with them is an opportunity for any young entrepreneur and an authentic learning and growth opportunity.
This fashion industry, which is evolving every day with new players each day, is a privilege to learn and associate with the best. The Affinity salon offers all its years of experience in the field to let you be the leading salon of your locale and city.