Franchise Partner Responsibilities

Your franchise partner responsibilities don’t have to be overwhelming. With few to no employees, owning a MY SALON Suite franchise gives you the freedom you want and the earnings you deserve.

  • When you decide to run a salon suite franchise, it’s important to remember you are joining a community of committed and passionate professionals. From our franchise partners to our Members, passion is always a constant at MY SALON Suite.

    We carefully designed our systems to support the growth of our partners, no matter how far they want to go. Our franchise suite model has shown its strength for successful growth through the prosperity of our franchise partners owning and developing multi-unit stores. This affords our franchise partners the confidence necessary to plan and expand their businesses.

  • Understanding Your Franchise Partner Responsibilities

    As a MY SALON Suite franchise owner, you’re responsible for more than collecting rent. Your franchise partner responsibilities include the following:

    • Recruiting Members
    • Retaining a high occupancy rate
    • Managing all financial procedures
    • Establishing ties to your local community
    • Selecting and implementing marketing plans
    • Working with Suite Management Franchising to grow the company

Franchise owners work 5 – 10 hours per week

Because salons are run by experienced full-time manager and occupied by salon professionals with business ownership experience, they do not require constant franchise partner presence once occupancy is stable.

Franchise Earning Potential

MY SALON Suite is ideal for people who enjoy their six-figure incomes but are tired of the demands of a six-figure work schedule. A salon suites franchise attracts franchise partners looking to replace their six-figure income while also taking advantage of a semi-absentee lifestyle.

The primary income source for our franchise partners is the rent collected from Members. It works a lot like an apartment complex. Of course, rent, size and occupancy also matter. These factors contribute to your net profit. However, it’s MY SALON Suite that provides all the tools you need for your franchise to thrive.

Discover how these critical numbers are performing at corporate, associate, and franchised stores at the table below. This information is summarized from Item 19 of our Franchise Disclosure Document (FDD).

Table 1B
2019 vs. 2020 Comparison Chart with COVID Adjustment Models
Franchised Outlets COVID-19 Income Adjusted Model
Location Details Locations open two years as of December 31, 2020 (63 Total)
2019 Actual Average 2020 Actual Average COVID Adjusting Model #1: 10 months income to
12 months
COVID Adjusting Model #2: 2nd Half of 2019 vs.
2nd Half of 2020 for Reporting Group
% of Total
Occupancy
90.2% 95.6% 95.6% 95.6%
Location # of Sq. ft. 5,564 5,564 5,564 5,564
# of Suites 28 28 28 28
Gross Revenue $362,032 100.0% $341,878 100.0% $410,254 100.0% $397,604 100.0%
General Operating Expense $61,091 16.9% $64,680 18.9% $64,680 15.8% $64,680 16.3%
Rent Expense $127,987 35.4% $127,076 37.2% $127,076 31.0% $127,076 32.0%
Royalties $19,912 5.5% $18,803 5.5% $22,564 5.5% $21,868 5.5%
EBITDA $153,042 42.3% $131,319 38.4% $195,934 47.8% $183,980 46.3%

Start Your Path to Salon Suite Franchise Ownership

Salon suite franchising offers many opportunities for strong revenue streams and the chance to enjoy semi-absentee ownership. This means it’s no surprise that people are so interested in starting a salon suite franchise of their own.

Learn how you can find the freedom you crave and the income you deserve with MY SALON Suite franchise. Contact us for more information about how you can get started today!

  • Request Franchise Info

    IDEAL CANDIDATES INCLUDE:
    • Minimum net worth of $1,000,000+
    • $200,000 liquid
    • Minimum 700 credit score
    • An ability to financially maintain your lifestyle for 9 to 12 months during pre-opening and ramp-up stages
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