2 Hair Extensions Business Success Stories [2024]
The hair extensions industry offers hairpieces and wigs for aesthetic and medical purposes. People looking for hair extensions are concerned about regular hair styling, so they prefer them.
If you follow hair and beauty trends and are passionate about starting a business in the beauty industry, you can start a brick-and-mortar hair extensions business. Research the market and find out the type of hair in demand.
In this list, you'll find real-world hair extensions business success stories and very profitable examples of starting a hair extensions business that makes money.
1. Private Label Extensions ($7.8M/year)
Mikey Moran, one of the owners of Private Label Extensions, came up with the idea for the hair distribution and technology company when he learned about the high prices women were paying for hair extensions. With a background in e-commerce and a commitment to providing the best quality products at the lowest cost, Moran and his team have seen significant growth, with over $650,000 in monthly sales and a ranking on Inc Magazine's list of the fastest-growing companies. Despite initial challenges and mistakes, Moran's dedication to listening to customers and investing back into the business has been key to its success.
How much money it makes: $7.8M/year
How much did it cost to start: $14K
How many people on the team: 20
Private Label Extensions is a hair distribution and technology company that builds hair brands from A to Z for entrepreneurs, achieving over $650,000 in monthly sales and ranked #278 of the fastest-growing companies by Inc Magazine for 2018.
2. Hair Fetish ($84K/year)
Diane German, the founder of Hair Fetish LLC, had a passion for hairstyling from a young age. She started styling her friends and family and eventually opened her own salon. In 2011, she launched Hair Fetish and in 2012 added the product line Agape Fetish. Through determination and perseverance, Diane has built a reputable business that has made over 90k in 2020.
How much money it makes: $84K/year
How much did it cost to start: $1.5K
How many people on the team: 1
This case study follows Diane German, founder of Hair Fetish LLC, who has built a successful styling service and hair product business with over $90k in revenue, and plans to expand to an organic hair care line, despite experiencing setbacks and failures along the way.
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