MY SALON Suite® offers beauty professionals the opportunity to own their own business without the large upfront costs and risks associated with building and running a salon. The company was founded in 2010 and is based in Metairie, Louisiana. MY SALON Suite® also provides franchise opportunities. As of 2018, the company operates 69 franchises in the United States and one outside the country.
My Salon Suite has the franchise fee of up to $50,000, with total initial investment range of $550,400 to $1,119,500.
Initial investments: $550,400 - $1,119,500
Net-worth Requirement: $1,000,000
Liquid Cash Requirement: $200,000
Initial Franchise Fee: $50,000
Ongoing Royalty Fee: 5.5%
Ad Royalty Fee: 1%
On-The-Job Training: 3 hours
Classroom Training: 16 hours
My Salon Suite Franchise Info: http://www.suitemanagementfranchising.com
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