Franchisor Stories

Sola Salons Franchise Costs, Fees, Profit and Data for 2026
Franchise Opportunity Deep Dive: Sola Salons is a national salon suites franchise boasting a strong revenue model, deep franchisee support and high occupancy rates.

Franchisor Stories

Franchise Opportunity Deep Dive: Sola Salons is a national salon suites franchise boasting a strong revenue model, deep franchisee support and high occupancy rates.

Sola Salons is a 740-plus-unit salon suites franchise, backed by parent company Radiance Holdings. The real estate forward franchise allows entrepreneurs to provide opportunities for beauty professionals to build their own businesses in turnkey suites without the capital demands and overhead costs associated with owning a traditional salon. For franchisees, Sola Salons is a low-labor model with strong scalability.
Sola Salons was founded in 2004 by Stratton Smith and Matt Briger, who aimed to build a space where beauty professionals could build careers and lives they loved. By offering customizable studio space and increased professional freedom, compared to what beauty professionals traditionally received in standard salon settings, Sola Salons has created a platform for independent beauty pros to build their own thriving businesses.
Mission: To support beauty professionals in chasing their dreams and empower them to elevate their careers while experiencing the freedom of business ownership.
Vision: To create a thriving community of independent beauty professionals who have full autonomy over their services, scheduling and pricing and operate out of their own personalized salon suites.
Sola Salons has a strong national presence, but it is still expanding in key markets nationwide. Currently, the brand is especially focused on growth in California, Florida, Illinois, Ohio, Tennessee, Texas and Utah.

Initial Costs: The estimated initial investment required to begin operation of a Sola Salons franchise ranges from $1,181,960 to $1,939,349. The 2025 Franchise Disclosure Document (FDD) breaks these costs down as follows:
| Expenditure Type | Minimum | Maximum |
| Initial Franchise Fee | $60,000 | $60,000 |
| Improvements/Conversions | $786,134 | $1,159,559 |
| Architectural Fees | $12,500 | $35,000 |
| Site Evaluation Services | $2,000 | $3,500 |
| Rent or Real Estate | $33,600 | $121,000 |
| Furniture and Fixtures | $205,086 | $327,636 |
| Low Voltage | $6,239 | $49,023 |
| Signage | $12,000 | $15,000 |
| Travel and Living Expenses During Training | $2,500 | $4,000 |
| Site Selection Assistance | $0 | $3,500 |
| Property Management Software | $744 | $1,044 |
| Utilities | $1,357 | $21,587 |
| Operating Supplies | $1,000 | $21,200 |
| Market Introduction Fee | $20,000 | $20,000 |
| Business Licenses and Fees | $1,500 | $2,500 |
| Technology Fee | $750 | $1,500 |
| Insurance | $3,250 | $5,000 |
| Computer Equipment and Software | $1,300 | $2,300 |
| Repairs and Maintenance | $3,000 | $21,000 |
| Labor | $9,000 | $15,000 |
| Additional Funds (3 Months) | $20,000 | $50,000 |
Initial Franchise Fee: Sola Salons assesses a franchise fee of $60,000, due at the time the franchise agreement is signed.
Ongoing Fees: According to the 2025 FDD, Sola Salons franchisees are responsible for the following ongoing payments and fees:
| Fee Type | Amount |
| Royalty Fee | 5.5% of gross revenue, minimum of $500 per month |
| National Marketing Fund Contribution/Multi-Area Marketing Program | Up to 2% of gross revenue per month. Franchisees must also participate, at their own expense, in any Multi-Area Marketing programs |
| Computer and Communications Equipment Upgrades and Maintenance | Varied, typically no more than $1,000 per year |
| Technology Fee | Currently $0 per month per the 2025 FDD, expected to be $250 per month starting January 2026 |
| Marketing Cooperative | As established by Marketing Cooperative, not to exceed 2% of monthly gross revenue |
ROI Potential: Sola Salons reports average and median revenues as well as highest and lowest in range for franchised locations:
Average Gross Revenue | Median Gross Revenue | Highest in Range | Lowest in Range | |
| 2023 | $435,678 | $419,770 | $1,120,811 | $89,730 |
| 2024 | $442,438 | $420,051 | $1,181,814 | $58,506 |
Sola Salons offers a one-day onboarding course on business essentials, a two-day sales and operations training and consistent onboarding support through the grand opening.
Throughout the life span of the business, Sola Salons supports franchisees with a dedicated Franchise Business Consultant, marketing guidance, business consulting and access to annual events, conferences and summits for additional education and networking.
Sola Salons leverages a ZenDesk ticketing system and proprietary salon management systems and analytics tools. Franchisees also have access to a proprietary learning management system, The Studio by Sola, to empower their training and continued professional development.
Prospective franchisees must have a minimum net worth of $1.5 million and at least $500,000 in liquidity.
Franchisees should have an entrepreneurial spirit and strong business acumen. Skilled communicators, leaders and relationship builders often find success with the model.
Sola Salons franchisees are not required to live in the market where they open the salon suites franchise, but they must have a strong manager in place. With the right teams, Sola Salons can be a scalable, semi-absentee model.
Sola Salons does not offer direct funding assistance, but it does have preferred lending partners it refers franchisees to.
- Marvin Goldfarb and Seth Goldstein
- Kristen Harris
- Larry Lloyd, Loraine Lloyd and Becky McDougall
In 2026, the salon suites market is valued at $320.68 billion and is set to reach $595.6 billion by 2035, representing a compound annual growth rate of 7.46%. As demand rises among beauty professionals for greater independence and ownership, salon suites offer a compelling path forward — fueling continued momentum in the market.
Sola Salons’ market leadership and comprehensive franchisee support offer entrepreneurs significant brand equity and a proven operational model. The franchisor’s support extends beyond just the franchisee, ensuring the system of beauty professionals have access to adequate support, too. The dual focus on franchisee and tenant, all within the context of a network of upscale salon suites, creates a unique ecosystem.
Primary Competitors: Encore Salon Suites, My Salon Suite, Phenix Salon Suites
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