MY SALON Suite
About MY SALON Suite
MY SALON Suite comes in at number 6 in the exclusive list of the year s most promising business opportunities within the franchising industry.--We are honored to be recognized as one of the best new franchise concepts,-- said Ken McAllister, CEO and President of Suite Management Franchising, the established franchising subsidiary of MY SALON Suite. --This award is a testament to the hard work both our corporate team and our franchise owners have put into making our concept the best it can be.----The impact of carefully selecting our franchise owners is a large reason why we have reached consistent success,-- added McAllister. --Moving further into 2017, we are looking forward to adding even more talented franchisees to our family and being able to bring our upscale salon suites to a greater number of communities nationwide.--MY SALON Suite has made a name for itself in major markets throughout North America for being the only salon complex to offer fully-equipped, upscale suites featuring a full-length style station, styling chair, shampoo sink and color station. Additional amenities include a state-of-the-art security system, luxurious bathrooms and an elegant lobby. In addition to the attractive accommodations, members are offered ongoing training and support to grow and develop their business, which includes access to a strong referral network.Entrepreneurially spirited individuals interested in investing in theMY SALON Suitefranchise will receive a full suite of support services ranging from initial and ongoing training to sales and marketing programs. Plus,MY SALON Suiteis a proud partner of the VetFran program. Approved candidates receive 10 percent off of the total franchise fee.Franchisees may choose to become a Multi-Unit Operator, earning the
right to establish and operate three, six, or ten My Salon Suite or
Salon Plaza franchises under a Multi-Unit Option Agreement containing a
development schedule, which includes between $99,000 and $200,000 that
must be paid to franchisor at the time the Multi-Unit Option Agreement
is signed. The total investment necessary to begin operation of a three
Multi-Unit Operator business is between $713,738 and $1,502,518, which
includes $99,000 that must be paid to the franchisor at the time the
Multi-Unit Option Agreement is signed. The total investment necessary to
begin operation of a six Multi-Unit Operator business is between
$764,738 and $1,553,518, which includes $150,000 that must be paid to
franchisor at the time the Multi-Unit Option Agreement is signed. The
total investment necessary to begin operation of a ten Multi-Unit
Operator business is between $814,738 and $1,603,518, which includes
$200,000 that must be paid to franchisor at the time the Multi-Unit
Option Agreement is signed. #22 on Franchise Rankings.com#279 in Franchise 500 for 2020.#61 in Franchise 500 for 2021.