If you’re planning on feeding your entrepreneurial bug, you won’t go wrong with getting a day spa franchise. At first glance, you’re likely to dismiss the idea because you think that there’s hardly a market for such services. Well, you thought wrong.
As of 2016, the spa industry in the United States has raked in over $16.8 billion in revenue. That figure marked half a billion dollars increment from the previous year. The jump in revenue came because of facilities growing to match a growing demand. Industry insiders have nothing but positive predictions for the sector.
Growing consumer base
Many people today are going out of their way to adopt a healthy lifestyle, as it helps them avoid costly health issues. Not only is taking this wellness journey good for their health, but their wallets as well. Going for a spa treatment, especially in the tough business world, is more than skin deep.
In addition to helping people improve their looks, it encompasses a mind, body, and spirit experience. It helps people improve their health and emotional and mental well-being, which boost their quality of life. In some instances, people turn to day spas for medical reasons like pain and stress relief.
Proven business strategy
While the figures might seem alluring, chances are you don’t know the first thing about running a spa. Don’t let that frazzle you and destroy your dreams. Buying into a franchise bears a considerable number of benefits to help you overcome such problems.
Instead of a trial and error approach, the franchisor will hand you a proven business concept and mentor you to the point of competency. A franchise provides you with cushy assists to ensure that you avoid common pitfalls that are the bane of many rookie entrepreneurs.
The spa industry is on an upward swing and you too can take a bite of this billion-dollar sector. Buying a franchise ensures that you hit the ground running while honing your skills in the process.