Today 23 October
Updated 5 june 2020
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Franchise My Salon Suite

Investments

$371,150

Franchise fee

$50,000

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Short information

$371,150

$371,150

Investments

$150,000

$150,000

Minimum Cash

3

3

Wishing to buy

2010

2010

Year Brand Started

64

64

Offices

2012

2012

Year Franchising Started

Franchise My Salon Suite

Investments

$371,150

Offices

64

Franchise Fee

50000

Short information

2010

Year Brand Started

2012

Year Franchising Started

About Franchise

MY SALON Suite® was founded by salon owners, Al and Alan, who saw the salon industry evolving –  evoking a movement where beauty professionals could join together and build a community where everyone has the freedom to be their own boss and own their own salon.  

Uncle Al, his niece Alanna and her husband Ken, built the first MY SALON Suite® location in New Orleans, LA. It was so popular, just six months later they opened a second salon six miles down the same street!  

Franchise My Salon Suite

A short six months later, they opened their third salon in Sarasota, FL where it was just as popular. Since then, MY SALON Suite® has been opening locations across North America.

The salon industry is changing for the better! Finally a business model that eliminates all the headaches of owning a hair, nail, massage, tanning or esthetics location. No more employees, inventory and long daily hours. We make it simple! You become a landlord. Renting suites to salon professionals that want their own location and business without all the drama and upfront costs.

Franchise My Salon Suite

HIGHLIGHTS

  • SEMI-ABSENTEE BUSINESS - this a TRUE absentee business model. Keep your job.
  • NO EMPLOYEES - no salon professionals to hire or manage.
  • FEW MOVING PARTS - as a franchisee, you rent suites to salon professionals. Once your location is at 100% occupancy you collect the checks! None of the traditional headaches in the salon industry.
  • RECESSION RESISTANT INDUSTRY - the salon industry does not experience the large ups and downs like other industries.
  • PROVEN BUSINESS MODEL - we have designed the perfect size, layout, furniture, and service that our salon professionals love and make their customers happy! A win-win-win scenario.

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Finance Information

Investments: $371,150 – $959,250

Franchise fee: $50,000

Royalty fee: 5.5%

Minimum Cash: $150,000

Net Worth: $1,000,000

Training and Support

  • Site Selection & Build Out
  • Training Program in Sarasota, FL
  • National Commercial Broker
  • Pre-Opening Marketing
  • Grand Opening Support
  • Architectural Firm
  • National Contractor
  • Day - To - Day Support
  • Franchise Mentor Program

Partner Requirements

We are looking for franchise owner that are interested in building multiple locations and have a strong ability to lead. This is a semi-absentee business that does not require full time hours. The ideal franchise candidate is someone looking for a lifestyle business. We do not require any employees or inventory. Our franchisees become property managers of their locations.

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Training

Yes

Business Type

Franchise

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