The beauty services business is a booming industry. For ambitious entrepreneurs who are passionate about helping people look and feel their best, the beauty franchise sector is brimming with opportunities. The beauty and wellness franchise market size was valued at $87.79 billion in 2024 and is projected to reach $160.87 billion by 2033, growing at a compound annual growth rate of 7.95% from 2026 to 2033, according to Verified Market Reports. Owning a beauty franchise offers entrepreneurs the advantage of a well-established brand and business model, including operations and marketing support. But understanding the investment—and what franchisees get in return—is critical.

Below, BeautyMatter rounded up some of the top hair salon franchises to help you understand the various opportunities in this lucrative market. From boutique barbershops to high-growth salon suite rental models, here’s a breakdown of what it costs to buy into an established hair salon business and what kind of support you can expect from the franchise owner.

Blo Blow Dry Bar

Founded: 2007
Minimum Liquidity Requirement: $100,000
Minimum Net Worth Requirement: $375,000+
Initial Investment Range: $308,500–$402,620
Franchise Fee: $45,000
Number of Locations: ~165
Typical Location Size: 800–1,000 square feet

Blo Blow Dry Bar is the first-to-market blow dry bar in North America and stands as the largest blow dry bar franchise globally. Since opening its first location in Canada in 2007, Blo’s "no cuts, no color, only blow outs" concept has grown to over 165+ locations across the US and Canada and continues to expand rapidly. The brand's hair menu includes a range of signature blown-out styles with...