SOLA SALONS
Sola Salons franchises enable operators to develop and manage facilities that lease individual turn-key salon studios to independent beauty professionals, such as hairstylists, nail technicians, estheticians, and massage therapists. Franchisees lease or purchase commercial space ranging from 4,200 to 9,000 square feet, convert it into private studios (typically 8x12 feet), and provide services including maintenance, wireless internet, marketing, events, and salon management. The business model targets salon professionals seeking flexible, fully-equipped private workspaces in a competitive beauty and wellness industry.
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 (min $500/mo) + 1.5% national marketing fund + $99/mo property management software + up to $250/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 625 franchised Sola Salons locations that met the 2024 Reporting Criteria as of December 31, 2024.
* Average gross revenue, median gross revenue, highest in range, and lowest in range are extracted directly from the 'FRANCHISED SOLA SALONS AVERAGE AND MEDIAN GROSS REVENUE FOR 2023 AND 2024' table for the year 2024 on page 5. 'Highest in Range' is used for revenue_top_quartile and 'Lowest in Range' is used for revenue_bottom_quartile as the best available proxies for top and bottom performance respectively. No explicit net income, net profit, or EBITDA data was provided.
Extracted Item 19 Section
How SOLA SALONS Compares to Other Property Management Franchises
Key Insights
- Higher investment than 100% of Property Management franchises
- #1 largest franchise system in Property Management
- Lower than average SBA loan default rate in Property Management
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
SOLA SALONS Current | $1.2M - $1.9M | $60K | 5.5% | 660 |
| ALL COUNTY | $86K - $118K | $59K | 7.0% | 78 |
| Home Smiles | $153K - $200K | $60K | 6.0% | 77 |
| GRAND WELCOME | $68K - $170K | $49K | 8.0% | 62 |
| Keyrenter Property Management | $116K - $241K | $50K | 7.0% | 58 |
| SKYRUN; SKYRUN VACATION RENTALS | $105K - $154K | $55K | 5.0% | 41 |
Property Management Average 12 franchises | $214K - $405K | $41K | 6.5% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 12 Property Management 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
+31 more states
SBA Loan History
Historical SBA 7(a) loan data for SOLA SALONS franchisees (2010 - 2019)
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 SOLA SALONS franchise?
The total initial investment to open a SOLA SALONS franchise ranges from $1,181,960 to $1,939,349. This includes a franchise fee of $60,000. Ongoing royalty fees are 5.5% of gross sales.
How much revenue does a SOLA SALONS franchise make?
According to the 2025 FDD, the average gross revenue for a SOLA SALONS franchise is $442,438.28. The median revenue is $420,051.73.
How many SOLA SALONS franchise locations are there?
As of the 2025 FDD, SOLA SALONS has 660 franchise locations. The company has been franchising since 2005.
Can you get an SBA loan for a SOLA SALONS franchise?
Yes, SBA loans are available for SOLA SALONS franchises. Historical data shows 31 SBA 7(a) loans have been approved for SOLA SALONS franchisees, with an average loan amount of $566,765. The historical default rate is 9.7%.
Is SOLA SALONS a good franchise to buy?
SOLA SALONS shows several positive indicators: established brand with 660+ 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.
Interested in SOLA SALONS?
Talk to a franchise advisor to get personalized guidance and learn if SOLA SALONS is the right fit for you.
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