MY SALON Suite Cost Comparisons

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.

Entrepreneurially spirited individuals interested in investing in the MY SALON Suite franchise will receive a full suite of support services ranging from initial and ongoing training to sales and marketing programs. Plus, MY SALON Suite is a proud partner of the VetFran program. Approved candidates receive 10 percent off of the total franchise fee.

Franchisees may 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 $713,738 and $1,502,518, 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 $764,738 and $1,553,518, 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 $814,738 and $1,603,518, which includes $200,000 that must be paid to franchisor at the time the Multi-Unit Option Agreement is signed.

"franchiserankingscom"      "Entrepreneur
#22 on Franchise Rankings.com
#279 in Franchise 500 for 2020.
#61 in Franchise 500 for 2021.





Hair Care & Cosmetics Franchise Opportunities

Below is a quick comparison of MY SALON Suite against other Hair Care & Cosmetics franchises and business opportunities. For an in depth comparison of MY SALON Suite with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.

Franchise Franchise Fee Royalty Advertising Fee Development Costs
18/8 Fine Men's Salons N/A $50,000-$232,089
Advanced Laser Clinics N/A $225,000-$260,000
Aloette Cosmetics $20,000 $30,000-$50,000
American Male Salon N/A 5% 1% $172,250-$356,500
Armstrong McCall N/A $75,000-$500,000
Beaners Fun Cuts for Kids $25,000 6% 3% $120,000-$185,000
Beauty Brands $25,000 $594,500-$936,000
Beauty Call $5,300 1800/year 5%-16% $5,300-And Up
Beauty Supply Outlet $25,000 4-6% 2% $229,000-$290,500
Bernard's Salon & Day Spa $35,000 3% $520,000-$638,500
Bishops Barbershop N/A $213,000-$294,000
Blo Blow Dry Bar $39,000 6% $229,000-$347,500
Bonne Chimie $15,000 9% $29,500-$109,000
Camille Albane $40,000 5% 3% $245,900-$424,800
Cartoon Cuts $25,000 5% $97,000-$216,000
Caryl Baker Visage salon $20,000 12% on Services $220,000-$270,000
Chatters Salon and Beauty Supply $40,000 6% 2% $400,000-$700,000
Cherry Blow Dry Bar $39,000 7% 2% $218,600-$392,500
Cirque Salon Studios $40,000 5% 1% Nat'l + At least $500/mo local $572,837-$743,085
City Looks N/A $94,500-$275,000
Color Me Beautiful N/A $99-$5,500
Cookie Cutters $40,000 5% 1% $132,000-$339,500
Cost Cutters Family Hair Care $39,500 6% 4% $148,930-$316,700
Dessange Group North America N/A $593,450-$840,350
Diesel Barbershop $50,000 7.5% 1% $253,000-$366,000
DRNK coffee + tea and Qwench juice bar $40,000 6% 3% $253,000-$516,000
FACES N/A $219,500-$372,500
Famous Toastery $40,000 5% 1%-2% $600,500-$1,024,500
Fantastic Sams Hair Salons $30,000 $362+/wk. $142/week $215,000-$479,000
First Choice Haircutters $29,500-$49,500 5% - 7% 3% $163,880-$302,600
Floyd's 99 Barbershops $45,000 6% 2% $294,000-$642,000
Glamour Secrets/Trade Secrets $25,000 6% $200,000-$350,000
Great American Barbershop, The $35,000 6% 2% $175,500-$297,000
Great Clips $20,000 6% 5% $146,900-$282,400
Hair Cuttery $15,000-$25,000 4.5-5% $120,500-$283,000
Hair Saloon For Men $30,000 6% $218,600-$299,900
Haircolorxperts $20,000 6% $273,800-$421,200
Hairhouse Warehouse $66,000 6% 3% $350,000-$550,000
Ideal Image $25,000-$35,000 9% $551,300-$903,400
Image Studios $49,750 5.5% 1% $555,387-$1,236,840
Inaara MedSpas $100,000 5% $250,000-$600,000
Jon'Ric International $35,000 2% $65,000-$399,999
Kennedy's All-American Barber Club $39,000 8% 2000 $211,285-$314,450
Knockouts $20,000 $94,100-$190,550
Lash Lounge, The $33,167-$49,500 6% 2% $178,471-$495,152
Lemon Tree, The $32,500 6% $161,206-$232,572
Lord's & Lady's Hair Salons $25,000 6% $50,000-$175,000
Men's Hair House $35,000 4%-4.5% 2% $159,310-$351,770
Merle Norman Cosmetics N/A 0 $39,471-$180,888
Noufal Haircolor Studio $38,000-$39,500 $190,550-$340,600
Paramount Home Beauty $14,800 5% $44,100
Phenix Salon Suites $49,500 $0.30/sq. ft. $0.06/sq. ft. $308,130-$1,387,420
Primp and Blow $57,100-$435,000 3% 1% $227,175-$622,553
Pro-Cuts $12,500-$22,500 6% $84,600-$148,300
Raze $35,000 $259,050-$350,100
Roosters $39,500 4-6% 1% $195,750-$334,850
Roosters Men's Grooming Centers $39,500 4% - 6% 1% $203,250-$342,350
s.h.a.p.e.s Brow Bar $24,500-$28,500 8% 2-3% $63,150-$83,100
Salon Professional Education Company (SPEC) N/A $145,500-$1,111,000
Salons by JC $50,000 5.5% Set by you $722,875-$1,357,700
Scissors & Scotch $50,000 4%-6.5% 2% $389,300-$665,000
Sharkey's Hair It Is $99,995 $1000/Month $106,170-$138,995
SmartStyle $39,500 5% 2% $149,430-$305,200
Snip-Its $20,000-$35,000 6% 2% $124,595-$220,375
Sola Salon Studios $55,000 5.5% 2% $531,150-$1,714,370
Sona MedSpa $59,500 10.75% $382,000-$747,500
Spasation Salons and Day Spas N/A $250,000-$500,000
SportClips $25,000-$59,500 6% 5% $233,800-$388,300
State Street Barbers $25,000 5% 3% local +2% Nat'l $191,500-$297,000
Supercuts $39,500 6% 5% $151,370-$321,020
Tommy Gun's Original Barbershop $30,000 $250,000-$350,000
Too Hotties $25,000-$475,000 6% 2% $164,000-$700,000
Trade Secrets/Glamour Secrets $25,000 6% $200,000-$350,000
Uber Beauty N/A $32,900-And Up
V's Barbershop $30,000 3.5%-5% 1% - 3% $192,700-$423,100
Weave Shop, The $20,000 6% $94,200-$136,900
Yellow Balloon, The $25,000 4% $55,000-$103,500
Ziba Beauty N/A $175,000-$370,000