Makeover Your Life with a Beauty and Wellness Franchise

With such a strong emphasis in recent years on self-care, it’s no surprise that the beauty and wellness industry is booming. The segment is estimated to be worth $700 billion by 2025, and new cosmetic and holistic brands are popping up every day.

These lifestyle businesses offer owners a flexible schedule, rewarding career path and the opportunity to grow their portfolio to include a number of salons, spas or any other type of beauty or wellness concept.

While the competition in the marketplace can be fierce, there are a few companies that stand out as stars in the beauty franchise world. These brands offer exciting opportunities for investors to become owners of a business that changes people’s lives for the better — and subsequently, their own!

Nikita Hair

• Units: 150+

• Price: $184,500–$298,300

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Nikita Hair is an internationally-loved hair care concept with salons and a branded line of hair products. The concept was started in Sweden and grew a large following in Europe before beginning franchise efforts in the U.S. and quickly gaining a fan base stateside. This company offers styling, coloring, Keratin treatments, extensions, waxing and brow sculpting.

Amazing Lash Studio

• Units: 250+

• Price: $238,372–$518,074

Amazing Lash Studio was started in 2010 and has grown to one of the top eyelash extension spas in the country. The company has a proprietary product line and is continuously innovating to stay a favorite choice among consumers. Studios offer multiple revenue streams and high guest retention.

Drybar

• Units: 140+

• Price: $639,180–$1,391,470

Founded in 2010, Drybar offers affordable, luxury blowouts at their salon locations. The franchise has become a fast favorite in its 12 years of business, expanding into a national company with very strong brand recognition under the WellBiz Brands, Inc. name.

Hand & Stone Massage and Facial Spa

• Units: 400+

• Price: $466,155 to $528,389

This spa brand has been in business since 2004, offering luxury massage services to its customers. The company has seen huge growth in its development goals in its nearly two decades in business, reaching over 400 locations open in the United States and Canada. Hand & Stone also has a skincare product line, bringing in multiple revenue streams for owners.

iCRYO

• Units: 20+

• Price: $239,400 to $591,800

One of the biggest new trends in wellness, iCRYO offers cryotherapy services at its locations. This treatment reduces body temperature to help with tissue repair, inflammation and metabolism and has become increasingly popular with consumers. The brand enjoys positioning in a successful industry set to grow to $4.29 billion this year.

European Wax Center

• Units: 800+

• Price: $358,485 - $571,840

Offering waxing services to the public, this chain has become a top competitor in the beauty segment. European Waxing Center now has a footprint in more than 40 U.S. states. The convenience offered by waxing has gained a lot of popularity in recent years, with customer counts and revenues growing steadily.