SALON PROFESSIONAL ACADEMY (THE)
Salon Professional Education Company, LLC (SPEC) offers franchises for beauty and wellness schools (B&W Schools) under brands like The Salon Professional Academy (TSPA), Elevate Salon Institute (ESI), or Spa Pro Academy (SPA), training students in hairstyling, cosmetology, esthetics, barbering, nails, and/or massage. Franchisees operate schools with uniform standards, ongoing training, advertising programs, quality education, and student development techniques. The target market is the general public seeking vocational training in beauty and wellness services to obtain licensure.
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
6% royalty (min. $1,500/mo) + 0% ad fund (up to 2% marketing fund if established) + $119/mo website fee (up to $500/mo) + up to $250/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 26 franchised locations that operated for all of 2023
Extracted Item 19 Section
How SALON PROFESSIONAL ACADEMY (THE) Compares to Other Adult Education & Training Franchises
Key Insights
- Higher investment than 88% of Adult Education & Training franchises
- Lower than average SBA loan default rate in Adult Education & Training
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
SALON PROFESSIONAL ACADEMY (THE) Current | $582K - $2.0M | $49K | 6.0% | 34 |
| HEALTH MART SYSTEMS INC | $262K - $834K | N/A | 0.0% | 4,346 |
| AMERIPRISE FINANCIAL SERVICES LLC | $12K - $130K | $2K | N/A | 3,855 |
| MATCO TOOLS CORPORATION, MATCO TOOLS AND MATCO | $108K - $383K | $10K | N/A | 1,502 |
| UBREAKIFIX BY ASURION | $151K - $448K | $40K | 7.0% | 551 |
| Best Brains | $50K - $134K | $15K | 14.0% | 162 |
Adult Education & Training Average 17 franchises | $253K - $579K | $36K | 8.8% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 17 Adult Education & Training 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
+7 more states
SBA Loan History
Historical SBA 7(a) loan data for SALON PROFESSIONAL ACADEMY (THE) franchisees (2015 - 2017)
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 SALON PROFESSIONAL ACADEMY (THE) franchise?
The total initial investment to open a SALON PROFESSIONAL ACADEMY (THE) franchise ranges from $581,800 to $2,022,800. This includes a franchise fee of $49,000. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a SALON PROFESSIONAL ACADEMY (THE) franchise make?
According to the 2025 FDD, the average gross revenue for a SALON PROFESSIONAL ACADEMY (THE) franchise is $1,875,313. The median revenue is $1,728,148.
How many SALON PROFESSIONAL ACADEMY (THE) franchise locations are there?
As of the 2025 FDD, SALON PROFESSIONAL ACADEMY (THE) has 34 franchise locations. The company has been franchising since 2008.
Can you get an SBA loan for a SALON PROFESSIONAL ACADEMY (THE) franchise?
Yes, SBA loans are available for SALON PROFESSIONAL ACADEMY (THE) franchises. Historical data shows 15 SBA 7(a) loans have been approved for SALON PROFESSIONAL ACADEMY (THE) franchisees, with an average loan amount of $511,393. The historical default rate is 6.7%.
Is SALON PROFESSIONAL ACADEMY (THE) a good franchise to buy?
SALON PROFESSIONAL ACADEMY (THE) shows several positive indicators: 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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