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Updated RecentlyAloette Cosmetics vs MY SALON Suite Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Aloette Cosmetics vs MY SALON Suite including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $30,000 - $50,000 | $713,738 - $1,603,518 |
| Franchise Fee | $20,000 | $50,000 - $200,000 |
| Royalty Fee | - | 5.5% |
| Advertising Fee | - | 1% |
| Year Founded | 1978 | 2010 |
| Year Franchised | 1978 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Aloette Cosmetics
Aloette Cosmetics is a company founded on principles of the highest quality. Quality in the level of concentrated aloe ingredients selected to go into its premier skin care and cosmetics line. Ranked by Forbes Magazine as one of "America's Top 200 Small Companies", retail product sales last year for Aloette exceeded more than $25 million. Aloette Cosmetics is committed to offering the highest quality products at the best value. This is done with one primary objective in mind - To bring out the inner beauty in every woman through enhancing her outer beauty.
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.
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