My Salon Suite

Franchise Costs

Liquid Capital Required: $200,000
Net Worth Required: $1,000,000
Total Investment: $582,164 - $1,479,827
Franchise Fee: $50,000
Royalty Type: 5.50%

Franchisee Options

Financing: Via 3rd party
Training: Available
Veteran Discount: Yes

Franchisor Details

Incorporated Name: Suite Management Franchising, LLC
Total Units: 118
Year Founded: 2010
Franchising Since: 2012
Home Office: Metairie, Louisiana

About My Salon Suite

At My Salon Suite, our design takes into consideration the special needs of beauty professionals, as well as the desires and perceptions of their clients. Where our members are free to be creative, a feeling of pride and ownership empowers them to thrive. Our salon owners are free to be their boss, but they aren't alone. Our members are part of an exclusive community that when fully engaged, we connect with, laugh with and accomplish our dreams with.

Values & History

MY SALON Suite was founded by salon owners, Al and Alan, who saw the salon industry evolving — evoking a movement where beauty professionals could join together and build a community where everyone has the freedom to be their boss and own their salon. Uncle Al, his niece Alanna and her husband Ken, built the first MY SALON Suite location in New Orleans, LA.

It was so popular, just six months later they opened a second salon six miles down the same street. A short six months later, they opened their third salon in Sarasota, FL where it was just as popular. Since then, MY SALON Suite has been opening locations across North America.

Industry Performance

Why Us?

Entrepreneur magazine ranked MY SALON Suite to its "Top New Franchises" of the 2017 list. MY SALON Suite comes in at number 6 in the exclusive list of the year's most promising business opportunities within the franchising industry.

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 the salon suite franchise will receive a full suite of support services ranging from initial and ongoing training to sales and marketing programs.

Purchasing a My Salon Suite Franchise

Minimum net worth of $1,000,000+ and $200,000 liquid capital is required.

The salon industry is changing for the better. Finally, a business model that eliminates all the headaches of owning a hair, nail, massage, tanning or esthetics location. No more employees, inventory and long daily hours. We make it simple — you become a landlord. Renting suites to salon professionals that want their location and business without all the drama and upfront costs.

Ideal Candidate & Qualifications

We're looking for a franchise owner that is interested in building multiple locations and has a strong ability to lead. This is a semi-absentee business that does not require full-time hours. The ideal franchise candidate is someone looking for a lifestyle business. We don't require any employees or inventory. Our franchisees become property managers of their locations.

Training & Support

  • Site selection and build-out
  • Training program in Sarasota, FL
  • National commercial broker
  • Pre-opening marketing
  • Grand opening support
  • Architectural firm
  • National contractor
  • Day-to-day support
  • Franchise mentor program

REQUEST FREE INFO

Available In:

My Salon Suite is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming