WHY THE MEN'S GROOMING INDUSTRY?

• Haircutting is a $59 billion a year industry*
  
• Men’s grooming is the fastest growing segment of the grooming industry
  
• Strong repeat business, as men like to get into a routine about where they get their grooming services
  
• High frequency of services, as men get their hair cut every 3-4 weeks on average
  
• Customers pay at time of service, No receivables
  
• Simple, clean business model
  
• Minimal waste, as product spoilage occurs infrequently
  
• Year round, recession resistant business
  
• Highly segmented market, no one big player
  

* According to the 2006 Salon Green Book