Sona MedSpa vs MY SALON Suite Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sona MedSpa vs MY SALON Suite including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Sona MedSpa Franchise
MY SALON Suite Franchise
Investment $382,000 - $747,500$713,738 - $1,603,518
Franchise Fee $59,500$50,000 - $200,000
Royalty Fee 10.75%5.5%
Advertising Fee -1%
Year Founded 19972010
Year Franchised 20022012
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements
 
Sona MedSpa Franchise
MY SALON Suite Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Strong interpersonal skills
    		• -

    Financing Options
     
    Sona MedSpa Franchise
    MY SALON Suite Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Sona MedSpa Franchise
    MY SALON Suite Franchise
    Training -On-The-Job Training: 12 hours Classroom Training: 20 hours
    Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
    Marketing Ad slicksCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations --

    Expansion Plans
     
    Sona MedSpa Franchise
    MY SALON Suite Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Sona MedSpa

    At Sōna Dermatology, we take an integrated, clinically-led approach to skincare that brings two worlds of medical dermatology and cosmetic dermatology together - care that leads to great skincare outcomes, health and vitality across a lifetime.

    In our four decades of clinical and cosmetic experience, we’ve built the clinical and cosmetic experience and expertise to give our patients the very best skincare results, optimizing skin health, skin appearance and quality of life

    Sona MedSpa offers a one-of-a-kind medical spa franchise. Sona combines state-of-the-art technology with Sona’s unique process - the Sona Concept. This concept enables laser hair removal to be performed with better results in less time. Our revolutionary, FDA-approved treatments for skin rejuvenation are individually customized to your needs, to improve and enhance your natural beauty.. Sona offers clients these services in a relaxed, up-scale, beautiful and spa-like atmosphere.


    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.