Shear Genius Unisex Salon is looking to expand across the nation via franchising. Presently, the brand has seven salons, two master franchisees, one corporate office and a training academy.
Anurag Gupta, MD, Shear Genius informs: "The focus for expansion lies in north Delhi, Punjab, Gujarat and Kerala. The company is expecting to get huge response from people interested to join and take the business to the next level."
The brand is well known and has already made a mark so there is high chance to make a big profit without doing much promotional work which makes it quite safe to invest capital under the company's banner.
An on-site training is provided by the company to level with the business parameters. The return of investment one can get goes up 33 per cent on Rs 8-10 lakh. The floor area required to get the franchise is 700 to 1,700 sq. ft and a royalty or commission of 12 per cent onward will be provided.