Health and Beauty Industry to follow organic growth via Franchise Route
In 1990’s, there was very less population which was considerate and conscious about their physical or mental beauty. Getting pampered was considered as a luxurious activity for people. The affluent ones were able to think about it. The lesser number of people were aware about the concept of ‘rejuvenation of body and soul’. With the advent of a lifestyle which had growing disposable income and sedentary life style, people started looking for health and wellness options. They also started getting very particular about how their physical appearance. These factors have witnessed the growth of health industry in India. Let it be salon, spa, fitness & slimming, hospitals or pharmacies
The health and beauty industry in India is still an unorganized sector. But on the other side, there are brands in health industry which are trying to make it organized through franchising. Expansion via franchise route is one of the organic ways to expand the business concept all over the world. Many of the salon and spa brands offer franchise opportunities in India. One of the ways is to expand via Franchise Owned and Franchise Operated (FOFO) Model. In this, franchisee owns and operates the whole business. The franchisor supports the franchisee in terms of equipment required, site selection, vendor management, providing ERP solutions, branding and marketing etc. The income generated through the operations is owned by the franchisee except the portion of royalty.
For detailed know-how, let us go through few subcategories of Health Industry franchise
20 years back, getting a haircut was considered essential because of hygiene factors. Now even the middle class segment aspire to get their favorite haircut from a well know salon in their city. Not just the haircut, people also visit salons to access other beauty services. This has led to the tremendous growth of Salon brands present in India. Those brands whose services are highly demanded, they look forward to maximize their reach by offering business opportunities to the like-minded business people who wants to take the franchise of salons.
Lakme Salon Lakme started its franchise operations in the year 2000. Till 2013, Lakme had 135 franchise outlets. LakmĂŠ Salon are dedicated to the evolving modern Indian woman and her exploration of beauty. .
Green Trends Hair Green Trends unisex Hair & Style Salon are pioneers in offering full range of grooming solutions for value conscious consumers. There is a network of over 5000 franchisees in the organized salon segment, a majority of who are keen to take on additional salons. They look forward to a highly profitable future.
Jawed Habib Signature Salon Jawed Habib (JH) group of companies and associates is one of the leading hair & beauty salon and academy chains in India. Our companies and associates currently operate a total of 484 outlets across 24 states and 92 cities in the country.
Jawed Habib Hair Xpreso The first HairXpreso was launched on 1st of June, 2009 and it has already spread to 104 outlets across the country. JH HAIRXPRESO unisex salon has set the hairstyling landscape of the country ablaze with quick, contemporary, dry hair cuts at delightfully low prices of Rs. 99*
F Salon Founded in France in 1997 by its Polish-born president Michel Adam Lisowski. The F Salon & Spa unit opens a number of doors of opportunities to welcome the potential minds to add extra toppings to generate maximum.
Naturals Beauty Salon Veena K, Founder and her husband C.K Kumaravel, CEO & Co-founder of Naturals, pioneered a new era in the hair and beauty care industry by channelizing their knowledge of the international beauty industry to spark a vision of bringing a successful world class beauty salon brand to India.
Salon Salon and and Spa Spa India has always been a hotspot for travelers and this has been one of the biggest reasons for the unprecedented growth of spa industry in India. The spa offers ayurvedic and healing experiences, gemstone & bamboo massages, face therapies, body massages, anti-cellulite by Endermologie, color healing, yoga etc.
Aura Thai body spa Four Fountains Spa Seven Seas Spa Anandam Spa Buddha Spa F Spa These brands offer franchise opportunities in India. The investment for getting a spa franchise ranges from 1 crore and above.
Spa SpaBrands Brands
Aura Thai body spa
Anandam Spa
Four Fountains Spa
F Spa
Seven Seas Spa
Buddha Spa
Fitness Fitness and and Slimming Slimming According to Euromonitor international, ‘Growing health consciousness was clearly visible in increased preference for exercising, gyms and weight control over the last few years of the 20082013 review period’. Mentioned earlier, the rise of sedentary lifestyle and high work stress in India has led to obesity and certain diseases like diabetes and Coronary heart diseases. This sector is highly fragmented except few players in the slimming and fitness industry,
VLCC is the market leader in slimming segment. It has presence in UAE, Nepal, Sri Lanka & Bangladesh including India. These leading brands in slimming and fitness Industry offer franchise opportunities in India and other countries as well. The investment budget for the franchise in Slimming industry starts from 30 Lakhs, for fitness industry it is 1 crore and above.
Pharmacies Pharmacies & & Hospitals Hospitals Apollo Clinics have been one of the pioneers of the franchise in India. As compared to the other industries, pharmaceutical sector in India is relatively unorganized. The leading player in this industry
These brands also offer franchise opportunities in pharmaceutical sector. The health, wellness and beauty segments offer lucrative business opportunities in India. Though it requires high capital investment, but the returns are huge. This industry has high potential to grow via franchise model, especially in Tier 2 and Tier 3 cities.
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