Current reports revealed that Tune Up; The Manly Salon, our men's hair salon / barbershop brand) reached a solid 9.8% Year-over-Year sales increase from April 2022.
According to salon industry data trends, it's been predicted to experience a 3.8% declines in revenue for 2023, which stands so show a definitive strength within the brand of Tune Up; The Manly Salon.
Anthony Milton, CEO, said, "It's important to remain focused on the customer, but keep your eyes on the data. That has been a critical piece to our success, always remaining a customer-centric brand. And clearly the numbers show we are doing right by the customer.
As great as it is to see this growth, this is actually one of our slower months compared to others this year where we are seeing triple-digit Year-Over-Year sales increase."
Salon and spa businesses are estimated to have a 4.6% annual growth rate from 2021 to 2026.
The industry is on an upward path, with a steady growth rate that could provide a lucrative opportunity for budding entrepreneurs, franchisees and investors. This information is invaluable for anyone looking to break into the salon, as it gives a realistic expectation of the potential returns they could to see in the salon industry.
Samantha Piercy, Director of Operations of Tune Up; The Manly Salon, said, "We've recently celebrated our 68th grand opening in 6 states, the latest in El Paso. Every location is unique with its own culture, but our mission remains the same, to give the customer the best experience every time. Our adaptiveness to new technology to improve the process has also been a contributor. But it all comes down to people, both our team and customers, and that is what sets us apart."
Clearly for Tune Up; The Manly Salon reaching a Year-Over-Year sales increase that doubles that of industry projections is proof that the concept is not only sound, but an experience customers are looking to enjoy.
Check our Tune Up; The Manly Salon at www.TuneUpSalon.com
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