My Salon Suites FDD – Franchise Information, Costs and Fees
Type of Business
Suite Management Franchising, LLC offers franchises for the operation of turnkey salon suite studios and related services in a luxury environment under the brand My Salon Suites to salon professionals where such professionals can provide health and beauty services to their own respective clients.
Corporate Information
Suite Management Franchising, LLC is a Florida limited liability company formed on March 30, 2012. Their principal business address is 2542 Highlander Way, Carrollton, Texas 75006. They franchise My Salon Suite Businesses and have done so since July 1, 2012. They began franchising Salon Plaza Businesses in April 2015. We franchised Salon Plaza businesses from April 2015 until December 31, 2021 but are no longer franchising Salon Plaza
businesses
Investment
The total investment necessary to begin operation of a My Salon Suite Business is between $686,171 and $1,809,913. This includes between $58,900 and $68,500 that must be paid to the franchisor or its affiliates.
Franchisees may also choose to become a Multi-Unit Operator, earning the right to establish and operate three, six, or ten My Salon Suite 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 $729,771 and $1,843,913, which includes between $107,900 and $117,500 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 $780,771 and $1,894,913, which includes between $158,900 and $168,500 that must be paid to franchisor at the time the Multi-Unit Option Agreement is signed.
