Description
MY SALON Suite is a franchise offering upscale, fully equipped salon suites designed for beauty professionals to operate their businesses independently. It provides a community-driven environment where professionals can personalize their spaces, build their clientele, and manage their businesses with autonomy.
Franchisor Details
Franchisor Name
My Salon Suite
Year Founded
2010
Franchising Since
2011
Home Office
Metairie, Louisiana
Training
In-depth training covering salon suite operations, marketing, and customer service, along with ongoing support.
Industry
Beauty
Franchise Costs
Total Investment
$984,999 to $1,577,236
Net Worth Required
$1.5MM
Liquid Capital Required
$500,000
Franchise Fee
$50,000
Royalty Fee
5%
Values & History
Founded in 2010, MY SALON Suite is built on values of freedom, support, and success. The brand aims to empower beauty professionals by providing an environment where they can thrive. With over 350 locations across North America, the brand has become a leader in the salon suite industry.
Industry Performance
The beauty industry is robust and recession-resistant, with the U.S. hair salon sector alone generating $47 billion annually. The demand for personalized salon experiences and entrepreneurial opportunities makes the salon suite model particularly appealing in this stable market.
Training & Support
The franchise offers comprehensive training and ongoing support, which includes site selection, assistance with construction and setup, marketing strategies, and operational guidance. This ensures franchisees are well-equipped to establish and grow their businesses.
Qualifications
MY SALON Suite seeks franchisees who have a strong business acumen, entrepreneurial spirit, and a commitment to delivering a high-quality experience for their tenants. Franchisees should also be prepared to invest time and effort into the business to ensure its success.