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.
Franchise Costs
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
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
Key Insights
- Higher investment than 86% 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 | 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 49 franchises | $411K – $755K | $48K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 49 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
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
340 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
340 Contacts Available
Unlock all My Salon Suites franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
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