About My Salon Suite Franchise
My Salon Suite is a salon suite rental franchise that provides beauty professionals with private, fully equipped studio spaces to run their own independent businesses.
The brand has been franchising since 2012 under Propelled Brands Franchising and has become one of the leading names in the salon suite industry.
Each My Salon Suite location houses multiple individual suites rented by hairstylists, estheticians, nail technicians, massage therapists, and other beauty professionals.
My Salon Suite Franchise Cost & Fees
Minimum Investment
$686K
Average Investment
$1.2M
Maximum Investment
$1.8M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $50,000 | One-time payment upon signing |
| Royalty Fee | 5.5% of Gross Revenues for the first year, then the greater of $1,000 or 5.5% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Minimum of $200 per month, up to 2% of monthly Gross Revenues | National brand fund |
| Total Investment Range | $686,171 – $1,809,913 | Includes build-out, inventory, working capital |
The investment range of $686K–$1.8M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5.5% of Gross Revenues for the first year, then the greater of $1,000 or 5.5% of Gross Revenues) and marketing fee (Minimum of $200 per month, up to 2% of monthly Gross Revenues) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee(1) | $50,000 | $50,000 |
| Travel and Living Expenses | $1,000 | $3,000 |
| Rent or Real Estate(2) | $4,500 | $17,000 |
| Improvements/Conversions(3) | $504,142 | $1,349,264 |
| Furniture and Fixtures | $94,576 | $257,825 |
| Signage | $2,853 | $17,989 |
| Miscellaneous Opening Costs(4) | $1,000 | $3,000 |
| Operating Supplies(5) | $1,000 | $5,000 |
| Advertising/Marketing (3 Months) | $10,000 | $10,000 |
| Insurance (Annual)(6) | $1,400 | $4,000 |
| Additional Funds – 3 Months(7) | $0 | $40,000 |
| Design Standards Fee(8) | $1,000 | $1,000 |
| Project Management Fee(9) | $2,500 | $2,500 |
| Architectural Services Fee(10) | $6,800 | $34,335 |
| My Suite Store Gift Card Fees(11) | $5,400 | $15,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Between $0 and $15,000 plus any broker fees related to the transfer ($7,500 for transfer to another franchisee, $15,000 in all other cases) |
| Renewal Fee | 15% of the then-current initial franchise fee |
| Technology Fee | Currently $150 per month for a new Franchised Business and $50 per month for each additional Franchised Business |
| Audit Fee | Between $1,000 and $15,000 plus understated amounts and related expenses |
| Cooperative Advertising | As determined by cooperative (maximum $300 per month if established) |
| Unauthorized Advertising Fee | $500 per occurrence |
| Site Selection Assistance | Then-current fee (currently $500 per day plus travel and living expenses) |
| Construction Management Fee | 10% of the total amount due for the construction buildout |
| Insurance Policies | Cost of insurance premiums, plus a 20% administrative fee |
| Initial Training for Additional Persons | $2,000 per person |
| Additional Assistance and Training | Then-current fee (currently $500 per day plus travel and living expenses) |
| Convention Fee | Then-current fee (currently $500 per location for up to two people) |
| Inspection and Testing | Between $100 to $500 |
| Customer Issue Resolution | Reasonable costs incurred for responding to a customer complaint |
| Payment Service Fees | Up to 4% of total charge |
| Interest | Lesser of 1.5% per month or the maximum rate permitted by law |
| Returned Check or Insufficient Funds Fee | $100 per occurrence |
| Late Fee for Required Payments | $50 per day |
| Failure to Submit Required Report Fee | $100 per occurrence and $50 per day |
| Non-Compliance Fee | 2.5% of Gross Revenues |
| Relocation Fee | Our costs |
| Indemnification | Will vary under circumstances |
| Professional Fees and Expenses | Will vary under circumstances |
| Extension Fee | $2,500 |
| Suite Relief Fund | $50 per month |
| Early Termination Damages | Amount varies |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 30 hours |
| Classroom Training | 18 Hours |
| On-the-Job Training | 12 Hours |
| Training Location | On Demand Education or online, designated mentor site or online, or our training facility in Carrollton, Texas, online, or other location we designate. |
| Additional Training | We may offer, and require you and your designated manager to attend, additional training programs and/or refresher courses, as we deem necessary in our sole discretion. You will be required to pay our then-current training tuition fee for any Additional Training you and your employees attend, plus all expenses incurred. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | Yes |
| Territory Size | A radius of two (2) miles |
| Description | You will be granted limited territorial rights within a geographical area we designate in our sole discretion (the “Protected Territory”). We will not establish and operate, nor license any other third party the right to establish and operate, a Franchised Business within the designated geographical area. The size of your Protected Territory may vary from other franchisees based on the location and demographics, but the typical Protected Territory will be a radius of two (2) miles. We reserve the right to narrow and/or expand the boundaries of your Protected Territory, which may be described in terms of zip codes, streets, landmarks (both natural and man-made) and state or county lines. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | Ten (10) years |
| Renewal Term | Two (2) consecutive successor terms of ten (10) years each |
| Renewal Fee | 15% of the then-current initial franchise fee |
| Renewal Conditions | To renew, you must: (i) provide notice 9-12 months prior to term end; (ii) demonstrate right to operate at Approved Location for renewal term or secure acceptable substitute; (iii) make necessary capital expenditures to comply with current System standards; (iv) not be in material breach of agreements and be in substantial compliance; (v) satisfy all monetary obligations; (vi) execute current franchise agreement and ancillary documents (which may have materially different terms); (vii) satisfy current training requirements at your expense; (viii) execute a general release; and (ix) pay the successor franchise fee. |
| Transfer Fee | Between $0 and $15,000 plus any broker fees related to the transfer ($7,500 for transfer to another franchisee, $15,000 in all other cases) |
| Transfer Conditions | Franchisor's prior written consent is required. Conditions include: (i) all monetary obligations satisfied; (ii) all existing defaults cured; (iii) franchisee and transferee execute a general release; (iv) provide executed purchase agreement; (v) transferee meets franchisor's educational, managerial, business, moral character, business reputation, credit rating, and financial resource standards, and is not a competitor (unless existing franchisee); (vi) transferee executes current franchise agreement; (vii) franchisee pays transfer fee; (viii) transferee completes training at their expense; (ix) franchisee and family comply with post-termination provisions; (x) transferee obtains all required permits/licenses; (xi) lessor consents to transfer if required; (xii) transfer complies with all laws; (xiii) purchase price not burdensome to transferee; (xiv) franchisee requests FDD for transferee; (xv) franchisor's approval is not a waiver of claims; (xvi) franchisor can disclose revenue reports; (xvii) franchisor may withhold consent based on circumstances. |
| Termination for Cause | Franchisor may terminate for cause with or without notice and opportunity to cure. Immediate termination without notice for: voluntary or involuntary bankruptcy, unauthorized transfer, criminal acts, fraud, actions materially impairing goodwill, misrepresentation in application, failure to complete initial training or attend annual conference, repeated breaches (3+ notices in 12 months), material breach of other agreements, misuse of marks/confidential information, violation of law/health/safety, violation of in-term restrictive covenant, liens not released in 30 days, insolvency, abandonment, unauthorized products/services, unapproved purchases, misuse of proprietary software, failure to maintain insurance, government actions resulting in uneconomical obligation, personal use of business property, or insufficient funds (3+ times in 12 months). Termination with 15 days' notice to cure for: nonpayment, failure to endorse/deliver payments, insufficient inventory, failure to open, interruption of service, failure to personally supervise/employ adequate personnel, quality control failure, or failure to maintain licenses/permits. Termination with 30 days' notice to cure for any other uncured default. |
| Non-Compete Period | Two (2) years |
| Non-Compete Details | During the term of the Franchise Agreement, neither you nor your owners/principals/shareholders/members/partners may directly or indirectly divert business, engage in, lend money to, extend credit to, have interest in, or be employed by any competing business (defined as deriving at least 50% of revenue from providing turnkey salon suite studios or offering similar products/services). After termination or expiration, for a continuous uninterrupted period of two (2) years, you may not own, operate, engage in, or otherwise become involved with any competing business: (i) at the former Franchised Business premises; (ii) within your Protected Territory; or (iii) within a 20-mile radius surrounding the perimeter of your Protected Territory or any other Protected Territory licensed by us. You are also prohibited from soliciting customers or approved vendors for competitive purposes, or soliciting employees of us, our affiliates, or other franchisees. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | You (or one or more of your principals if you are a corporation or partnership or limited liability company) must personally supervise the operations of the Franchised Business. You must devote your best efforts to the management and operation of the Franchised Business. You may, however, delegate operational responsibilities to a Designated Manager, provided they successfully complete our Initial Training Program and meet current standards. Your Franchised Business must be operated with at least one individual who has successfully completed our Initial Training Program. Your appointment of a Designated Manager does not relieve you of your duties or obligations. |
| Required Suppliers | We have the right to require you to purchase any products or services necessary to operate your Franchised Business from a vendor that we approve or designate, which may include us (an “Approved Vendor”). We will provide you with a list of our Approved Vendors in writing as part of the Franchise Operations Manual or otherwise in writing, and we may update or modify this list as we deem appropriate. We may develop proprietary products for use in your Franchised Business, including private-label products that bear our Marks, and require you to purchase these items from us or our affiliate(s). We have an Approved Vendor of website creation for the Franchised Businesses website. |
| Supply Restrictions | You must purchase, install, maintain in sufficient supply, and use, only fixtures, furnishings, equipment, signs, and supplies that conform to the standards and specifications described in the Franchise Operations Manual or otherwise in writing. You must use the computer hardware and software, including the point-of-sale system that we periodically designate to operate your Franchised Business. You must obtain the computer hardware, software licenses, maintenance and support services, and other related services that meet our specifications from the vendors we specify. You must obtain the insurance coverage required under the Franchise Agreement. |
| Franchisor Revenue from Suppliers | During our last fiscal year which ended December 31, 2021, SMF Shop LLC derived $209,486.81 in revenue from the sale or lease of products or services to My Salon Suite franchisees and SMF Development LLC derived $4,275,723.34 in revenue from the sale or lease of products or services to My Salon Suite franchisees, which revenue represents approximately two percent (2%) and forty-four percent (44%), respectively, of our total revenue of $9,819,209.00. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not currently offer direct or indirect financing, but we may offer such direct or indirect financing in the future. We generally do not guarantee your note, lease or obligation. In limited circumstances, we have been required to guarantee leases or loans in the past. In the future, we may charge a fee for guaranteeing your leases or loans. We may refer you to lenders or vendors that provide or assist you with financing that you may choose to work with at your option. We do not have a written arrangement, nor do we receive direct or indirect benefits from these third parties if you obtain financing. |
My Salon Suite Franchise Earnings — Item 19
Average Revenue
$421K
Median Revenue
$404K
Revenue Range
$130K – $1.1M
Sample Size
146 units
Past financial performance does not guarantee future results. Individual results will vary.
My Salon Suite Litigation & Risk Flags
Clean Litigation RecordMy Salon Suite has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
My Salon Suite System Growth
Total Units
222
Franchised
190
Company-Owned
32
My Salon Suite currently operates 190 franchised locations and 32 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 37 | 0 | 115 |
| 2020 | 48 | 0 | 163 |
| 2021 | 27 | 0 | 190 |
Transfers: 9 | Closures: 0
State Registrations
Registered in 15 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, UT, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$51.5M
Net Income
$12.7M
Total Assets
$410.5M
Audited by BDO USA, LLP for year ending December 31.
My Salon Suite Franchise — FAQ
The total investment to open a My Salon Suite franchise ranges from $686,171 to $1,809,913, per their Franchise Disclosure Document. This includes the initial franchise fee of $50,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
My Salon Suite charges a royalty fee of 5.5% of Gross Revenues for the first year, then the greater of $1,000 or 5.5% of Gross Revenues of gross sales, plus a Minimum of $200 per month, up to 2% of monthly Gross Revenues contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the My Salon Suite Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from My Salon Suite to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, My Salon Suite franchise owners report average revenue of $421K and median revenue of $404K. This is based on a sample of 146 units. Past performance does not guarantee future results.
My Salon Suite has been franchising since 2012. The FDD shows an investment range of $686,171-$1,809,913, a 5.5% of Gross Revenues for the first year, then the greater of $1,000 or 5.5% of Gross Revenues royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $50,000 and the total investment ranges from $686,171 to $1,809,913 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Similar Beauty & Personal Care Franchises
Interested in My Salon Suite?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from My Salon Suite and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with My Salon Suite or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com