MY SALON Suite Franchise — Costs & How to Buy
- Initial investment
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- Franchise fee
- —
- Royalty
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- Units open
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- Liquid capital
- $250+
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Overview
My Salon Suite is a premier salon suites franchise that provides fully-equipped, upscale private suites for health and beauty professionals. The company offers a unique business model where franchisees act as landlords, recruiting and renting spaces to stylists, beauticians, and related professionals. This allows beauty professionals to operate independently, set their own prices, and build their clientele, while My Salon Suite provides the infrastructure and support.
Key differentiators
["One of the largest salon suite franchises with over 350 locations and 200 units in development, establishing strong market presence.","Offers fully-equipped, upscale private suites with specific amenities like full-length style stations, shampoo sinks, and color stations, setting them apart from basic rental spaces.","Provides 24/7 access, state-of-the-art security, and buzzer-controlled entry for stylists, enhancing safety and flexibility.","Part of the Propelled Brands portfolio, suggesting a well-established and supported franchise system.","Focuses on empowering individual beauty professionals by allowing them to design their own space, set prices, and build their clientele, appealing to entrepreneurial stylists."]
Training & support
My Salon Suite offers its franchise partners a full suite of support services. This includes both initial and ongoing training. Franchisees also receive support with sales and marketing programs to help them attract both beauty professionals as renters and their clients. Additionally, 'members' (the stylists and beauticians renting suites) are offered ongoing training and support to grow their business, which includes access to a strong referral network.
Ideal candidate
The target market for My Salon Suite primarily includes entrepreneurial health and beauty professionals who desire independence and control over their business. This encompasses hair stylists, barbers, braiders, colorists, eyebrow specialists, lash technicians, makeup artists, massage therapists, microbladers, nail technicians, skin care specialists, tanners, and teeth whitening professionals. These individuals value the ability to design their own space, set their own prices, and grow their clientele without the traditional salon employer-employee dynamic. The market is driven by stylists and beauticians seeking more autonomy and a professional, upscale environment for their clients.
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MY SALON Suite franchise — frequently asked questions
How much does it cost to open a MY SALON Suite franchise?+
Total initial investment for a MY SALON Suite franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does MY SALON Suite charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a MY SALON Suite franchise?+
No prior industry experience is required. MY SALON Suite provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a MY SALON Suite location?+
From signed franchise agreement to grand opening, most MY SALON Suite franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for MY SALON Suite franchisees?+
MY SALON Suite is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.