My Salon Suite Franchise Costs, Fees, Profit and Data for 2026
Franchise Opportunity Deep Dive: My Salon Suite offers an entrepreneurial path for investors in the booming beauty industry, providing luxury salon suites and comprehensive support.
My Salon Suite offers luxury, turnkey salon suite studios for independent beauty professionals.
1. What Is the Brand Overview for My Salon Suite?
About the Brand
My Salon Suite was founded in 2010 and began franchising in 2012 through Suite Management Franchising, LLC, a Florida-based company headquartered in Carrollton, Texas. The concept offers luxury, turnkey salon suite studios where stylists, estheticians, and beauty professionals can operate independent businesses within a premium environment. The brand is part of Propelled Brands Holdings, Inc., which also franchises FASTSIGNS, NerdsToGo and Camp Bow Wow.
Mission: To empower beauty professionals to own and operate their own business in a luxury setting.
Vision: To redefine the beauty industry by offering creative entrepreneurs independence and community through suite ownership.
Unique Selling Points (USPs)
Luxury Experience: Fully equipped, upscale salon suites with top-tier furnishings and finishes.
Turnkey Business Model: Franchisees act as landlords, renting out suites to independent beauty professionals.
Community Culture: Members gain access to networking, training, and support resources.
Safety and Convenience: 24/7 secure access with double-door, buzzer-controlled entry systems.
All-Inclusive Amenities: Utilities, Wi-Fi, and maintenance are covered for tenants.
Scalable Investment: Semi-absentee ownership structure with strong recurring revenue potential.
2. What Are the Franchise Opportunity Details?
Why Franchise With My Salon Suite?
Proven semi-absentee business model with limited staff.
Recession-resistant industry with growing consumer demand.
Franchisee freedom — most owners work 5 to 10 hours per week.
Comprehensive training and ongoing support from a national brand backed by Propelled Brands.
National marketing programs, site selection guidance, and business management tools.
Access to a robust pipeline of stylists seeking independence.
Initial Costs: The estimated initial investment required to begin operation of a My Salon Suite franchise ranges from $994,971 to $1,820,417 for a new location and $66,490 and $312,685 for a conversion. The 2026 Franchise Disclosure Document (FDD) breaks these costs down as follows:
New Location:
Type of Expenditure
Estimated Range
Initial Franchise Fee
$50,000 – $50,000
Travel and Living Expenses
$1,000 – $3,000
Rent or Real Estate Deposits
$6,927 – $27,636
Improvements
$584,031 – $1,163,497
Furniture and Fixtures
$250,111 – $357,007
Freight
$3,812 – $10,042
Signage
$7,490 – $10,185
Professional Fees
$6,200 – $10,200
Operating Supplies
$10,000 – $10,000
Grand Opening Advertising (3 Months)
$20,000 – $20,000
Insurance (3 Months)
$1,400 – $7,500
Additional Funds (3 Months)
$35,000 – $65,000
Design Standards Fee
$1,500 – $2,500
Architectural Services Fee
$11,100 – $44,800
Project Management Fee
$5,000 – $5,000
Licensing and Permitting
$400 – $24,050
Permit Expeditor
$1,000 – $10,000
Total Estimated Initial Investment
$994,971 – $1,820,417
Conversion Location:
Type of Expenditure
Estimated Range
Initial Franchise Fee
$50,000 – $50,000
Travel and Living Expenses
$1,000 – $3,000
Rent, Security Deposit and Other Deposits
$0 – $18,000
Improvements/Conversions (Including Real Estate Improvements)
$0 – $50,000
Furniture and Fixtures
$0 – $50,000
Signage
$7,490 – $10,185
Professional Fees
$1,000 – $5,000
Grand Opening Advertising (3 Months)
$7,000 – $15,000
Insurance (3 Months)
$0 – $4,000
Additional Funds (3 Months)
$0 – $30,000
Design Standards Fee
$0 – $2,500
Buyer's Side Broker Fee
$0 – $75,000
Total Estimated Initial Investment
$66,490 – $312,685
Initial Franchise Fee: The initial franchise fee is $50,000, due upon signing the franchise agreement. Veterans and first responders receive a 50% discount ($25,000) through the VetFran and First Responder programs.
Ongoing Fees: According to the 2026 FDD, My Salon Suite franchisees are responsible for the following ongoing costs and fees:
Type of Fee
Amount
Royalty Fee
2.75% of gross revenues for first 6 months, then 5.5% or $1,000 minimum thereafter
Brand Building Fund
$200/month
Technology Fee
$170/month
Suite Relief Fund
$50/month
ROI Potential: According to the 2026 FDD, Average P&L for All 264 Reporting My Salon Suite Franchised Businesses are as follows:
Location Details
High
Low
Median
Average
% of Total
Number / % That Met or Exceeded Average
Occupancy
100.0%
29.0%
92.2%
87.7%
—
165 / 62.5%
Square Footage
13,172
2,880
5,828
6,013
—
113 / 42.8%
# of Suites
70
15
30
31.0
—
102 / 38.6%
Gross Revenue
$1,325,611
$113,811
$438,909
$454,838
100.0%
123 / 46.6%
General Operating Expense
$286,670
$10,701
$84,836
$90,969
20.0%
110 / 41.7%
Rent Expense
$540,901
$51,914
$145,502
$158,167
34.8%
113 / 42.8%
Royalties
$72,909
$6,260
$24,140
$25,016
5.5%
123 / 46.6%
EBITDA
$664,154
($145,600)
$171,735
$180,687
39.7%
124 / 47.0%
3. What Franchisee Support Does My Salon Suite Provide?
Training Programs
Franchisees receive extensive training. This covers everything from attracting top-tier salon professionals and mastering the ins and outs of business operations and financial oversight to executing effective local marketing strategies and fostering strong member retention. Additionally, owners gain expertise in facility upkeep and efficient suite management. The training experience itself is a blend of engaging virtual instruction and immersive, hands-on sessions conducted at the brand's headquarters in Carrollton, Texas.
Operational Support
Franchise owners benefit from site selection assistance and lease negotiation support, project management services for design and build-out, ongoing regional field support and performance coaching, and national marketing campaigns and PR exposure.
Technology and Tools
Franchisees have access to proprietary software to streamline member management, accounting, and analytics. The brand provides a suite of technological resources, including digital marketing platforms, CRM tools, automated rent collection systems, and secure access control and surveillance technology.
4. What Are the Franchise Requirements for My Salon Suite?
Eligibility Criteria
Liquid Assets: $500,000
Net Worth: $1,500,000
Credit Score: 700+
No salon industry experience is required, but prior business ownership or management experience is preferred.
Operational Commitments
My Salon Suite allows semi-absentee ownership, making it attractive to multi-unit and portfolio investors. Owners typically oversee operations, recruitment, and local marketing while delegating daily activities.
Funding Assistance
While My Salon Suite does not directly finance franchises, franchisees may qualify for third-party financing through approved lenders. The brand also participates in VetFran, offering veterans a 50% discount on the franchise fee.
5. Are There Franchisee Success Stories?
“I wanted to diversify my business portfolio without adding employees. The support from corporate has been amazing — my franchise business coach and new store opener have been phenomenal in helping me bridge the gap between my insurance experience and this new wheelhouse with salons.”
- Ruby Massey, Franchisee — Memphis, Tennessee
“My Salon Suite has been life-changing for me. It started as a side hustle in 2019 and has become the primary source of income for our family. I quit my corporate job five months ago — and I’m not looking back.”
- John Ludden, Franchisee — Charlotte, North Carolina
“What I love about My Salon Suite is the sense of community and care. The leadership team truly listens — they include us in decisions, seek our feedback, and you can see it reflected in the deliverables. That kind of support makes you want to bring your best every day.”
- Jenn Navarro, Franchisee — Pennsylvania
6. What Is the Market Potential for the Salon Suites Sector?
The U.S. hair and nail salon industry is projected to grow at a 7.8% CAGR, reaching $90.9 billion by the end of 2025. The salon suite sub-sector is driven by independent stylists seeking autonomy and clients prioritizing personalized experiences.
Competitor Analysis
My Salon Suite's primary competitors in the salon suite sector include Sola Salon Studios, Phenix Salon Suites and Salon Lofts. My Salon Suite maintains several competitive advantages, such as a lower median buildout cost, robust national brand support under the Propelled Brands umbrella, luxury interiors that provide a premium member experience and a scalable, semi-absentee investment structure attractive to investors.
7. What Is the Application Process for My Salon Suite Franchisees?
Complete the franchise qualification questionnaire and financial review.
Attend an introductory call with the Franchise Development Team.
Review the FDD.
Participate in Discovery Day at headquarters in Carrollton, Texas.
Sign your franchise agreement and begin site selection.
Attend training, complete build-out and open your salon suite location.
It typically takes 12 to 18 months to open once the franchise agreement is signed.
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