Today 22 October
Updated 5 june 2020
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Franchise Sola Salon Studios

Investments

$413,800

Franchise fee

$39,000

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Short information

$413,800

$413,800

Investments

$500,000

$500,000

Minimum Cash

2

2

Wishing to buy

2004

2004

Year Brand Started

273

273

Offices

2005

2005

Year Franchising Started

Franchise Sola Salon Studios

Investments

$413,800

Offices

273

Franchise Fee

39000

Short information

2004

Year Brand Started

2005

Year Franchising Started

About Franchise

The Best Deserve Their Own Salons

Sola Salon Studios is revolutionizing the future of the salon industry. We have adapted a totally new concept in Salon management and ownership. Change is a fact of life, for individuals as well as entire industries. However, the beauty salon industry has actually made very few changes in the past 25 years that significantly change the way business is done. 

Most all salons still operate the same way - rent space, hire contract salon professionals, and conduct business as usual. The big issue with this approach is that the major problems still exist. The major problem in salons today is two-fold: managing contract beauticians, and managing people. Sola Franchise Corporation's concept eliminates these two problems and allows for a smoother and more profitable operation. 

Franchise Sola Salon Studios

The totally unique approach of Sola Salon Studios is that we provide high impact, modern, and upscale rental space in a "salon mall" concept that allows salon professionals the opportunity to have their own business and make more money without the risks and challenges of owning a conventional salon… all for about the same rate as a chair rental. 

This concept has proven to be very successful and lucrative. Sola Salon Studios has opened 17 locations with all either fully occupied or steadily increasing in tenancy. 

The Best of 2 Markets

Imagine having your own business in 2 of the hottest markets today! The first part of the winning combination is managing your rentals of beautifully designed, highly plush suites for salon professionals. The salon industry has always been very stable and leading in growth. Today's consumer demands quality, value, service, and convenience from a trusted brand. In our segment of the industry, where the small, independent operators find it difficult to start a business because of the cost, we are a welcome concept. 

With us, you become part of this $50 BILLION industry! And the best part is that you do not have the major problem of managing people. You simply lease the space to salon professionals - they manage their businesses.

Franchise Sola Salon Studios

The second market that comprises Sola Salon Studios is the real estate rental market. Over just a few short years, Sola Salon Studios has already risen to be the top national operator of salon studios in the country. Sola Salon Studios' success is one of quiet diligence and clear focus. It's the result of an experienced team that capitalizes on its cumulative knowledge of retail and real estate to constantly find new opportunities – to acquire and build its portfolio, to improve and increase its performance, and to grow and build value for its franchises. 

This growth and strength is a testament to our approach and the viability of our markets. The real estate rental market is the perhaps largest market out there, and when you combine it with a $50 Billion dollar industry, it is a profitable combination. 

 

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Finance Information

Investments: $413,800 – $1,134,300

Franchise fee: $39,000

Royalty fee: 5%

Minimum Cash: $500,000

Net Worth: $1,000,000

Training and Support

From vast real estate and franchise experience Sola Salon Studios understands the importance of a support structure for the franchisee - not just at the beginning of the business relationship but throughout the many years that it evolves. 

A Sola Salon Studio franchisee receives support across many fronts, from initial site selection, through design and construction and the establishment of our Salon Property Management System and tenant database systems to tenant marketing and operating your business. All our franchisees receive comprehensive training, support and guidance in all aspects of 'franchise life' and are regularly updated. 

Partner Requirements

We are seeking qualified individuals to become Sola Salon franchisees either for single or multiple franchises. We are looking for individuals with a Demonstrated ability to lead and have good business sense and a track record of success in whatever they are doing. A business, real estate, or salon background is not necessary. 

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Training

Yes

Business Type

Franchise

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