18/8 Fine Men's Salons vs MY SALON Suite Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 18/8 Fine Men's Salons vs MY SALON Suite including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	18/8 Fine Men's Salons Franchise	MY SALON Suite Franchise
Investment	$50,000 - $232,089	$713,738 - $1,603,518
Franchise Fee	N/A	$50,000 - $200,000
Royalty Fee	-	5.5%
Advertising Fee	-	1%
Year Founded	-	2010
Year Franchised	-	2012
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	18/8 Fine Men's Salons Franchise	MY SALON Suite Franchise
Experience	Business experience with an affinity to hospitality and managing small teams are the essential skills we look for.	-
Financing Options
	18/8 Fine Men's Salons Franchise	MY SALON Suite Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/Yes
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/Yes
Inventory	-/-	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	18/8 Fine Men's Salons Franchise	MY SALON Suite Franchise
Training	-	On-The-Job Training: 12 hours Classroom Training: 20 hours
Support	-	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
Marketing	Marketing is our strength � our CEO has a thirty year background in marketing. We have great programs and materials already designed that will help get you customers and build a buzz around the brand.	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations	We help you find and train a quality behind-the-chair manager. With this key person in place, then the rest of the team can be hired and managed. Many franchisees also bring in family members to work for the franchise and help manage operations.	-
Expansion Plans
	18/8 Fine Men's Salons Franchise	MY SALON Suite Franchise
US Expansion	-	Yes
Canada Expansion	-	-
International Expansion	-	Yes

Company Overviews

About 18/8 Fine Men's Salons

* A truly differentiated business from all the women's salons, and the low cost haircut places
* The salon industry generates over $50 billion in revenue and keeps growing
* On every corner, at every mall, you can find women's salons and low cost haircut places. Women's salons may offer quality stylist for women - along with the fishbowl design, the smell of perm, and the chatter of gossip. Low cost haircut places are for men on a tight budget, where saving a few dollars is necessary.
* 18|8 Fine Men's Salons are designed for discerning, successful men who want to look their best, feel their best, so they perform their best. They want exceptionally skilled stylists at locations near where they live or work. And they want privacy as well as a spectrum of true solutions for all their haircare and grooming needs.
* 18|8 Fine Men's Salons is the hottest salon franchise concept now available
* Successful men tend to be very loyal and very good tippers
* Because we are in the best locations, and we attract successful men, we attract the best quality, most experienced stylists
* No industry experience required
* Surprisingly low start up costs - reasonable overhead
* Additional profit centers - memberships, products, consulting and referral

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.