My Salon Suites and Salon Plaza 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; and turnkey salon suite studios and related services featuring upscale modern décor under the brand Salon Plaza 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 3900 N. Causeway Blvd., Suite 1200, Metairie, Louisiana 70002. They franchise My Salon Suite Businesses and have done so since July 1, 2012. They began franchising Salon Plaza Businesses in April 2015.
Investment
The total investment necessary to begin operation of a My Salon Suite and/or Salon Plaza Business is between $680,771 and $1,794,913. This includes $53,500 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 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 $729,771 and $1,843,913, 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 $780,771 and $1,894,913, 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 $830,771 and $1,944,913, which includes $200,000 that must be paid to the franchisor at the time the Multi-Unit Option Agreement is signed.
View the 2021 My Salon Suites and Salon Plaza FDD