Cut It Out salon, a sub-brand of Spalon India Private Limited has come together with Francorp India, for expanding its franchise route and the overall roll out strategy
Cut It Out salon, a sub-brand of Spalon India Private Limited has come together with Francorp India, for expanding its franchise route and the overall roll out strategy.
Speaking on the expansion Vikram Mohan, Founder and Director, Spalon India Private Limited said: “We would like to double our presence over next three years. We have taken up franchising as one of our expansion strategies, as we feel over time we have developed the potential and are capable of providing full support and guidance to prospective partners. We are keen to find growth partner across the major cities in south India.”
Francorp will chart out the franchise strategy for Cut It Out salon part of Spalon India Private Limited by developing a comprehensive strategy to capture a larger target market and expand via the franchise model.
Gaurav Marya, Managing Director, Francorp said: “Hair & Beauty Salons (H&BS) is currently INR 3,500 crore market and accounts for 32 per cent of wellness services market. Hair and Beauty Salons will enjoy the best growth in the wellness services space. Cut It Out’s business structure provides an opportunity for franchising of its salons and its exceptional services will be made available across the country. “
Cut It Out was started in January 2009 by Vikram Mohan. The parent company Spalon India Private Limited has many brands in Bounce Style Lounge, Oryza and Kanya. Cut It Out is present in three major areas in Chennai Velachery, Besant Nagar, Santhome.