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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