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My Salon Suite

My Salon Suite

The total investment to open a My Salon Suite franchise ranges from $675,106 to $1.7M. The initial franchise fee is $50,000. Ongoing royalties are 5.5% plus a 2% advertising fee.

What is the My Salon Suite franchise?

My Salon Suite franchise operates in the beauty services sector by providing private salon spaces for independent beauty professionals. The concept is designed for stylists, estheticians, barbers, and other beauty specialists who want to own their businesses without the overhead and administrative demands of opening a full service salon. Founded on the idea of offering private, upscale workspaces, the brand has benefited from changes in how beauty services are delivered across the United States. Its corporate base is in Florida. My Salon Suite emphasizes high end finishes, advanced security, and a professional community environment intended to attract established talent. The setting is designed to appeal to professionals who want to build their careers and to clients who value privacy, personalized service, and a sophisticated experience. That positioning can support demand from clients willing to pay for quality. The brand's broader operating philosophy centers on supporting entrepreneurship within the beauty industry and giving independent professionals a place to run their own businesses.

Beauty and personal care represent a large and resilient part of the global economy. Consumer preferences continue to change, while demand remains for specialized services. Reports estimate that the global beauty market often reaches toward or exceeds $500 billion annually by the mid 2020s. The market has shown a compound annual growth rate of 4-6% over the past decade. Within that market, salon suites have become a rapidly expanding segment. Beauty professionals increasingly seek independence, greater earning potential, flexible schedules, and more control over client relationships. Clients also show growing interest in personalized, one on one experiences. The salon suite model gives professionals a dedicated private space where they can manage their own clients, set their own prices, and develop their own brand identity. This differs from traditional commission based and booth rental salons. The change reflects a broader move toward entrepreneurship among stylists and demand for customized services. My Salon Suite addresses these trends with a turnkey setting for both beauty professionals and their clients. By placing multiple independent businesses in one facility, the model can create a diversified revenue base rather than relying on one service provider.

A My Salon Suite franchise requires a financial commitment beyond the initial franchise fee. The initial franchise fee is $50,000, which provides the right to operate under the My Salon Suite brand and access its business model and support systems. Franchisees must also plan for real estate, construction, and the costs of opening and operating the facility. A location typically occupies 5,000 to 10,000 square feet, depending on the market and the planned number of suites. Acquiring real estate or negotiating a long term commercial lease may require security deposits, brokerage fees, and initial rent payments. Build out and tenant improvement work can represent a substantial part of the investment. Locations are designed with luxury finishes, individual plumbing for each suite, advanced lighting, and state of the art security systems. Construction expenses can range from several hundred thousand dollars to over a million dollars. Local labor rates, material costs, and the condition of the leased or purchased property affect the amount required. Other opening costs include interior design and decor, common area furnishings, shampoo bowls, styling chairs, cabinetry, and technology for Wi Fi and security monitoring. Franchisees also need supplies for common areas, cleaning products, and possible retail offerings. Licensing, permits, legal and accounting services, grand opening marketing, and several months of working capital are additional parts of the initial investment. The franchise fee provides brand access, while the larger capital requirement reflects the infrastructure needed for a premium salon suite facility.

The My Salon Suite operating model centers on leasing private, fully equipped salon and spa suites to independent beauty professionals on a weekly or monthly basis. Each suite is intended to be ready for immediate use and includes salon equipment, utilities, Wi Fi access, and secure entry available 24/7. The franchisee generally focuses on property management, lease administration, marketing to attract beauty professionals, and keeping the facility aligned with brand standards. Compared with a traditional salon, the model typically requires a small team for administrative, sales, and maintenance work rather than a large service staff. The franchisor provides assistance with site selection, demographic analysis, and lease negotiation guidance. Architectural and construction support helps the franchisee meet the brand's design and functional requirements. Initial training, which may take place over several days or weeks, covers marketing to attract tenants, lease agreement management, and customer service procedures. Ongoing support includes operational guidance, marketing resources, and a proprietary technology platform for managing leases, payments, and communications.

The main revenue source is recurring rental income from leasing individual suites to beauty professionals. Lease terms are generally weekly or monthly, which can produce predictable cash flow after a location reaches healthy occupancy. Other possible revenue sources include professional beauty products sold in common areas or through individual stylists, membership fees for certain amenities, and charges for advanced services. Major expenses include commercial real estate lease payments, which may involve long term commitments, along with utilities, property insurance, common area maintenance, security systems, and marketing to attract and retain beauty professionals. Franchisees also pay continuing fees such as royalties to the franchisor, typically calculated as a percentage of gross revenue. Contributions to a national or regional advertising fund may support brand visibility and demand across the system. Local competition, demographic trends, sales and marketing execution, and operating management all affect the results of an individual location. After fixed expenses are covered, the model may have relatively low variable operating costs because revenue comes from recurring suite payments.

The salon suite industry has expanded across urban and suburban markets over the past decade. Multiple brands have established locations, reflecting demand from beauty professionals who want autonomy and control over their businesses. Expansion is expected to continue as the gig economy and interest in entrepreneurial independence remain influential. My Salon Suite differentiates itself through premium positioning and a higher end build out. Its more luxurious setting is intended to attract experienced and successful beauty professionals who charge higher client fees and want an elevated workplace. A quality focused design can support premium rental rates. The recurring revenue structure also gives franchisees lease payments from multiple tenants, creating a diversified income stream that may be less exposed to fluctuations affecting one service provider. The franchisee's role is centered on property management instead of directly providing beauty services, and the model generally requires a lean staff. Those features may suit an owner seeking a semi absentee or executive business.

A suitable My Salon Suite franchisee does not need direct beauty industry experience, but business judgment, leadership ability, and knowledge of property management are valuable. Candidates should be able to manage people, oversee marketing and sales efforts, attract and retain tenants, and maintain customer service standards for beauty professional clients. Familiarity with local real estate markets and commercial lease negotiations is also important. Financial candidates must be prepared for the substantial capital requirements of the initial investment, including sufficient liquid capital and overall net worth. The model may appeal to an entrepreneur who wants a semi absentee or executive business and plans to oversee operations and strategic growth while assigning daily responsibilities to a small team. Site selection involves reviewing demographic information, population density, the strength of the local economy, and the number of beauty professionals and potential clients in the area. Visibility, access, and proximity to complementary businesses such as retail centers, fitness studios, and residential communities are also relevant. The franchisor typically helps define protected territories, giving franchisees exclusive rights to develop and operate within a specified geographic area. This structure is intended to limit internal competition and support development within the territory.

My Salon Suite offers a franchise model built around recurring rental income from independent beauty professionals in private, professionally designed spaces. Demand for independence among stylists and interest in personalized, private beauty services support the salon suite concept. The franchise includes a business system, assistance from the franchisor in areas such as site selection and construction, training, ongoing operational resources, and the possibility of multi unit expansion. The model is positioned in a premium part of the beauty services industry while giving franchisees a property management focused role. Buyers should evaluate the investment, real estate, occupancy assumptions, continuing fees, territory, and available financial information as part of their own due diligence.

According to its Franchise Disclosure Document or public business records, My Salon Suite has 355 locations. Cost figures are based on the 2023 Franchise Disclosure Document.

2023 FDD ON FILEBeauty Salons

Franchising since 2010 · 355 locations

Investment

$675,106 to $1.7M

Franchise Fee

$50,000

Total Units

355

SBA Lending Activity for My Salon Suite

Loan Activity Score

This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system level metrics.

Key Highlights

Item 19 financial data disclosed
355 locations nationwide

Data Insights

Key performance metrics for My Salon Suite based on SBA lending data

Investment Tier

Premium investment

$675,106 to $1,682,095 total

Why My Salon Suite Doesn't Appear in Public SBA Data

The SBA 7(a) program publishes loan level data for every approved franchise borrower. My Salon Suite does not currently appear in those public records, and that absence carries useful information for prospective franchisees evaluating this brand.

Absence from SBA records does not mean a brand is un fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA guaranteed 7(a) loan. For prospective My Salon Suite franchisees, the practical question is which financing path actually closes for this brand's profile.

Data window: SBA 7(a) approvals reported through the most recent FOIA release. Absence of My Salon Suite from this window does not reflect lender denial. It reflects no 7(a)-program activity recorded for this brand in the public dataset.

Payment Estimator

Loan Amount$540K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$6,989

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

My Salon Suite, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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My Salon Suite

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman