My Salon Suites
My Salon Suite franchises provide turnkey salon suite studios and related services in a luxury environment, where salon professionals lease individual suites to offer health and beauty services such as hair cutting, coloring, treatments, aesthetics, and medi-spa services to their clients. Franchisees manage the property, sublease suites, provide salon management and maintenance services, and operate from approved locations typically 4,753 to 8,720 square feet. The target market comprises hair stylists, massage therapists, estheticians, nail technicians, and other salon professionals seeking leasable space.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
5.5% royalty (2.75% first 6 months, 5.5% months 7-12, greater of $1,000 or 5.5% thereafter) + up to 2% brand building fund (currently min. $200/mo) + $170/mo technology fee + $50/mo suite relief fund
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Data for 244 My Salon Suite Franchised Businesses that met Reporting Criteria in 2024.
* Average gross revenue, median gross revenue, and average EBITDA are taken directly from Table 1 ('All Centers'). Revenue for the top quartile is from Table 2 ('Top Quartile by Revenue' average gross revenue). Revenue for the bottom quartile is from Table 3 ('Bottom Quartile by Revenue' average gross revenue). EBITDA margin percentage is calculated as average_ebitda / average_gross_revenue (194,813 / 455,642 = 0.42755...). The best_guess_profit_low and best_guess_profit_high are derived from the 'Low' and 'High' EBITDA values respectively, as presented in Table 1 for all reporting centers, which represents the overall performance range.
Extracted Item 19 Section
How My Salon Suites Compares to Other Beauty & Spa Services Franchises
Key Insights
- Higher investment than 87% of Beauty & Spa Services franchises
- Top 10 largest franchise system in Beauty & Spa Services
- Higher than average SBA loan default rate in Beauty & Spa Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
My Salon Suites Current | $675K - $1.7M | $50K | 5.5% | 304 |
| SPORTS CLIPS (SINGLE UNIT) | $289K - $475K | $30K | 6.0% | 1,754 |
| SUPERCUTS | $186K - $323K | $40K | 6.0% | 1,701 |
| DaVi Nails and Em Lash Studio | $61K - $144K | $65K | N/A | 400 |
| PALM BEACH TAN | $648K - $1.1M | $30K | 6.0% | 397 |
| DAVI NAILS | $57K - $125K | $65K | 0.0% | 387 |
Beauty & Spa Services Average 45 franchises | $397K - $729K | $49K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 45 Beauty & Spa Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+22 more states
SBA Loan History
Historical SBA 7(a) loan data for My Salon Suites franchisees (2013 - 2014)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a My Salon Suites franchise?
The total initial investment to open a My Salon Suites franchise ranges from $675,106 to $1,682,095. This includes a franchise fee of $50,000. Ongoing royalty fees are 5.5% of gross sales.
How much revenue does a My Salon Suites franchise make?
According to the 2025 FDD, the average gross revenue for a My Salon Suites franchise is $455,642. The median revenue is $439,608.
How much profit can you make with a My Salon Suites franchise?
Based on the financial performance data in the FDD, estimated profit for a My Salon Suites franchise ranges from $-115,147 to $708,655 per year. Actual results vary based on location, management, and market conditions.
How many My Salon Suites franchise locations are there?
As of the 2025 FDD, My Salon Suites has 304 franchise locations. The company has been franchising since 2012.
Can you get an SBA loan for a My Salon Suites franchise?
Yes, SBA loans are available for My Salon Suites franchises. Historical data shows 8 SBA 7(a) loans have been approved for My Salon Suites franchisees, with an average loan amount of $847,713. The historical default rate is 0.0%.
Is My Salon Suites a good franchise to buy?
My Salon Suites shows several positive indicators: established brand with 304+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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