
Why the Men’s Grooming Industry?
- Strong repeat business – most men like to get in a routine about where and when they get their grooming services. Further, by providing an experience versus a commodity, The Boardroom enjoys significantly greater client retention and loyalty.
- High frequency of service – most of our clients get their hair cut every 2-4 weeks.
- Clients pay at time of service – No receivables!
- Simple, efficient business model.
- Large pool of trained hair care professionals to recruit as team members.
- Year round, recession resistant business.
- Haircuts and grooming services are needed in every community and can not be outsourced
- Minimal waste – product spoilage occurs infrequently.
- Haircutting is a $59 billion a year industry in the US
- Men’s grooming is the fastest growing segment of the US grooming industry.
- Highly segmented market – No single player dominates the market
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