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2025 FDD VERIFIEDBeauty Salons
Sola Salon Studios

Sola Salon Studios

Franchising since 2004 · 14 locations

The total investment to open a Sola Salon Studios franchise ranges from $383,660 - $902,860. The initial franchise fee is $45,000. Ongoing royalties are 5.5% plus a 1.5% advertising fee. Sola Salon Studios currently operates 14 locations (14 franchised). The top SBA 7(a) lenders for Sola Salon Studios are Wells Fargo Bank, Zions Bank, A Division of and Columbia Bank. PeerSense FPI health score: 53/100. Data sourced from the 2025 Franchise Disclosure Document.

Investment

$383,660 - $902,860

Franchise Fee

$45,000

Total Units

14

14 franchised

FPI Score
Medium
53

Proprietary PeerSense metric

Moderate
Capital Partners
8lenders available

Active capital sources verified for Sola Salon Studios financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
53out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 14 loans charged off

SBA Loans

14

Total Volume

$11.5M

Active Lenders

8

States

9

Top SBA Lenders for Sola Salon Studios

What is the Sola Salon Studios franchise?

The decision to invest in a franchise represents a significant financial commitment, often fraught with the anxieties of capital risk and the challenge of selecting a truly differentiated brand within a competitive market. Prospective franchisees frequently grapple with questions surrounding unit economics, operational complexities, and the long-term viability of their chosen sector, concerns that are particularly acute in the dynamic beauty services industry. Sola Salon Studios presents a compelling response to these investor dilemmas, emerging as a dominant force through its pioneering salon suite model that directly addresses the evolving needs of independent beauty professionals. This analysis by PeerSense, an independent franchise research platform, provides a comprehensive, data-driven examination of the Sola Salon Studios franchise opportunity, designed to serve as the authoritative resource for serious investors navigating the landscape of beauty and wellness entrepreneurship.

Sola Salon Studios was founded in 2004 by Stratton Smith and Matt Briger, a visionary partnership that sought to fundamentally reshape the beauty services industry by empowering independent professionals. Their mission, established at inception, was to cultivate a vibrant community where individual stylists, estheticians, and other beauty entrepreneurs could thrive, building their own businesses and careers with unparalleled autonomy. This foundational principle led to the opening of the very first Sola location on July 12, 2004, situated in Highlands Ranch, Colorado, marking the physical manifestation of their innovative salon suite model. The company’s strategic operational hub remains in Lakewood, Colorado, serving as the nerve center for its expansive national and international network. This initial venture, launched from a clear vision, quickly demonstrated the viability of a model that offered beauty professionals control over their schedules, pricing, and client experience, addressing a significant pain point in the traditional salon environment characterized by commission structures and limited independence. The rapid success of this concept laid the groundwork for its formal entry into franchising, which commenced in 2005, thereby initiating a nationwide expansion that would transform Sola Salon Studios into a global leader in the salon suite sector. Today, Sola Salon Studios operates as the largest salon suite franchise globally, boasting over 750 locations across the U.S. and Canada as of February 2026, a testament to its sustained growth and robust market penetration. This significant scale and unique operational model position the Sola Salon Studios franchise as a critical consideration for investors seeking to capitalize on the burgeoning beauty services market, offering a distinct advantage through its specialized approach to professional empowerment within the beauty industry.

The beauty services market, within which Sola Salon Studios operates, is a burgeoning sector characterized by robust demand and consistent growth, making it an attractive category for franchise investment. This industry benefits from several powerful consumer trends, including an increasing emphasis on personalized beauty experiences, a growing desire among professionals for entrepreneurial independence, and the resilience of personal care services even during economic fluctuations. The unique salon suite model directly capitalizes on the secular tailwinds driving the gig economy and the rise of independent contractors, offering beauty professionals the autonomy and business ownership they increasingly seek without the prohibitive overhead of traditional salon ownership. This shift towards independent operation is a significant driver of demand for the Sola Salon Studios franchise opportunity, as it provides a structured, supportive environment for stylists to launch and scale their own businesses. The competitive landscape for beauty services is traditionally fragmented, comprising numerous independent salons, booth rental establishments, and large chain operations. However, Sola Salon Studios has strategically carved out and consolidated leadership within the specialized salon suite segment, establishing itself as the largest salon suite franchise globally. This dominant position is a direct result of its innovative model, which provides a turnkey solution for beauty professionals while offering franchisees a scalable real estate management business. Macroeconomic forces, such as the increasing valuation of skilled trades and the desire for customized, intimate service experiences, further amplify the opportunity within this category, attracting sophisticated franchise investment into a sector poised for continued expansion and innovation.

Considering the financial entry points for a Sola Salon Studios franchise investment, the initial franchise fee is set at $45,000, a figure that positions it competitively within the broader franchise market, which often sees fees ranging from $30,000 to $60,000 for established brands. The total initial investment required for a Sola Salon Studios franchise ranges from a low of $383,660 to a high of $902,860. This significant spread in the investment range is typically influenced by several factors, including the geographic location of the proposed studio, the size and condition of the leased space, the extent of necessary build-out and tenant improvements, and local construction costs. For instance, developing a large, ground-up facility in a high-cost urban market would likely fall towards the upper end of this spectrum, while converting an existing commercial space in a more moderately priced area might align with the lower end. This mid-tier investment level makes the Sola Salon Studios franchise accessible to a broad range of qualified investors who possess the necessary capital for a substantial commercial real estate venture. The brand operates under the parent company Radiance Holdings, a prominent beauty and wellness firm that also manages other esteemed brands such as Woodhouse Spas, providing a robust corporate backing and shared operational expertise. This parent company structure came into being following an acquisition in November 2018, when MPK Equity Partners, AHR Growth Partners, and PNC Riverarch Capital collectively acquired a majority interest in Sola Salon Studios, signifying strong private equity confidence in the brand's long-term growth potential and solidifying its financial infrastructure. While specific details on ongoing royalty rates or advertising fees are not publicly disclosed, the initial capital outlay and the backing of a sophisticated parent company underscore the significant and well-supported nature of this particular franchise opportunity.

The operating model for a Sola Salon Studios franchise is distinct, focusing on a real estate management and community-building approach rather than direct provision of beauty services, which significantly differentiates it from traditional salon ownership. A franchisee's daily operations primarily revolve around identifying suitable commercial real estate, overseeing the build-out or conversion of spaces into individual salon suites, attracting and retaining independent beauty professionals as tenants, and fostering a vibrant, supportive community within their studio locations. This model allows for a lean staffing structure, as franchisees are not responsible for hiring or managing a large team of stylists; instead, their focus is on property management, tenant relations, and providing a superior environment for independent entrepreneurs. The unique salon suite model empowers beauty professionals by offering them private, fully equipped studios where they can operate their businesses autonomously, setting their own hours, pricing, and service menus. For example, the 700th Sola Salon Studios location, which opened in a Minneapolis suburb, featured 65 individual salon studios, demonstrating the capacity and scale of a single facility. Impressively, 54 of these studios were pre-leased even before the official opening day, highlighting the strong demand from independent beauty professionals for this specific type of entrepreneurial platform. Sola Salon Studios provides comprehensive support to its franchisees, leveraging its extensive experience as the largest salon suite franchise globally. While specific training duration and location details are not publicly available, the corporate team, headquartered in Lakewood, Colorado, offers robust ongoing support, likely including site selection guidance, build-out assistance, marketing strategies for tenant attraction, and operational best practices. This support system ensures franchisees are well-equipped to manage their properties and cultivate thriving communities, with territory structures designed to provide exclusivity and foster multi-unit growth within defined markets. The model is typically suited for an executive-level owner-operator or even a semi-absentee investor who can oversee strategic management and leverage a small, dedicated team for day-to-day property operations.

For potential investors evaluating the Sola Salon Studios franchise opportunity, it is important to note that Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document. This means specific figures such as average unit revenue, median revenue, or estimated owner earnings are not made available directly by the franchisor within the FDD. However, a comprehensive analysis of the brand's trajectory and market positioning provides significant insights into the underlying strength of the Sola Salon Studios franchise model. The company has demonstrated a robust and consistent growth trajectory, indicating strong unit-level performance and franchisee satisfaction, which are crucial signals for a successful franchise system. As of February 2021, Sola Salon Studios had already established a significant footprint with over 550 locations nationwide. This expansion accelerated, with the total count surpassing 700 locations across the U.S. by December 2023. A notable milestone was the 700th location, which opened in a Minneapolis suburb, featuring 65 salon studios, with an impressive 54 of these units pre-leased even before the official opening day. This high pre-leasing rate underscores the substantial demand from independent beauty professionals for the Sola Salon Studios model, directly translating into strong occupancy rates and revenue generation potential for franchisees from day one. The growth continued unabated, reaching over 710 locations across the U.S. and Canada by May 2024, further expanding to over 728 locations in the U.S. and Canada by July 2024. By August 2025, Sola Salons reported over 740 units, and the system-wide unit count reached more than 750 locations by July 2025, maintaining this impressive scale at 750+ units as of February 2026. This consistent, multi-year expansion, coupled with the proven ability to pre-lease a high percentage of studios, suggests a highly effective business model with compelling unit-level economics, even in the absence of explicit Item 19 disclosures. The sustained growth of the Sola Salon Studios franchise investment opportunity clearly signals a thriving system where franchisees are finding success and the model resonates strongly with its target market of independent beauty professionals.

The growth trajectory of Sola Salon Studios underscores its position as a market leader and a high-potential franchise opportunity within the beauty services sector. From over 550 locations in February 2021, the brand expanded significantly to surpass 700 locations by December 2023, then grew to over 710 locations by May 2024, and further to over 728 locations by July 2024. This consistent expansion continued, with over 740 units reported by August 2025, culminating in more than 750 locations by July 2025, a count maintained through February 2026. This represents a net addition of over 200 units in just five years, averaging approximately 40 new locations per year, demonstrating an aggressive yet sustainable expansion strategy. Sola Salon Studios aims for continued growth, with a long-term strategic goal of reaching 1,000 locations, solidifying its dominant position as the largest salon suite franchise globally. Recent corporate developments include the significant acquisition in November 2018 by MPK Equity Partners, AHR Growth Partners, and PNC Riverarch Capital, which provided substantial capital and strategic oversight, enabling accelerated expansion. Leadership has also been strengthened with Christina Russell appointed CEO in June 2019, bringing extensive experience from high-growth franchise brands like Curves, Camp Bow Wow, and Pure Barre. Daryl Hurst serves as President and Chief Operating Officer, while Lori Merrill holds the position of Vice President of Franchise Sales, driving the brand's expansion. Tracy Ramos further joined as Director of Community and Brand Partnerships in the second quarter of 2025, enhancing engagement with the professional community. This robust leadership team and strategic financial backing create a strong competitive moat for the Sola Salon Studios franchise, built on its unparalleled brand recognition, proprietary salon suite model, and a proven real estate strategy that consistently achieves high pre-leasing rates, as evidenced by the 54 pre-leased studios at its 700th location. The brand continually adapts to market conditions by empowering independent beauty professionals with a flexible, entrepreneurial platform, leveraging its scale to provide superior support and resources, thereby maintaining its competitive edge in the burgeoning beauty services market.

The ideal candidate for a Sola Salon Studios franchise is typically an experienced business professional with a strong management background and an understanding of commercial real estate, rather than necessarily possessing direct beauty industry experience. This franchise opportunity is well-suited for individuals who are adept at property management, community building, and strategic oversight, aligning with an executive or semi-absentee owner model. The focus for a Sola Salon Studios franchisee is on managing the physical asset and fostering a supportive environment for independent beauty professionals, rather than providing beauty services directly. The brand actively encourages and supports multi-unit ownership, a strategy that aligns with its ambitious long-term goal of reaching 1,000 locations across its network. Available territories are focused across the U.S. and Canada, where the brand already has a significant presence with over 750 locations. Markets that perform best are typically those with a high density of skilled beauty professionals seeking independence and a robust consumer demand for diverse beauty services. The franchise agreement term length and specific renewal terms are not publicly available, but the brand’s consistent growth and leadership changes, including Christina Russell becoming CEO in June 2019 and the addition of Tracy Ramos as Director of Community and Brand Partnerships in Q2 2025, indicate a long-term strategic vision. This focus on expanding leadership and a clear growth trajectory suggests a stable and attractive environment for prospective franchisees looking for a substantial Sola Salon Studios franchise investment.

In conclusion, the Sola Salon Studios franchise represents a highly compelling investment opportunity within the burgeoning beauty services market, distinguished by its innovative salon suite model and a proven track record of substantial growth and market leadership. With over 750 locations across the U.S. and Canada as of February 2026, and a strategic goal of reaching 1,000 units, the brand has firmly established itself as the largest salon suite franchise globally. The initial franchise fee of $45,000 and a total initial investment range of $383,660 to $902,860 position the Sola Salon Studios franchise cost as a significant yet accessible venture for qualified investors. While Item 19 financial performance data is not disclosed, the robust unit count growth, high pre-leasing rates like the 54 studios pre-leased at the 700th location, and the backing of parent company Radiance Holdings, all signal a strong and financially viable business model. This Sola Salon Studios franchise opportunity leverages the growing trend of independent beauty professionals seeking autonomy, offering franchisees a scalable, real estate-focused business. With an FPI Score of 53 (Moderate), Sola Salon Studios warrants serious due diligence for investors seeking to capitalize on a dominant player in a resilient and expanding industry. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Sola Salon Studios franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

53/100

SBA Default Rate

0.0%

Active Lenders

8

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Sola Salon Studios based on SBA lending data

SBA Default Rate

0.0%

0 of 14 loans charged off

SBA Loan Volume

14 loans

Across 8 lenders

Lender Diversity

8 lenders

Avg 1.8 loans per lender

Investment Tier

Significant investment

$383,660 – $902,860 total

Sola Salon Studios — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2014

10 approvals — best year on record for Sola Salon Studios.

Top SBA State

California

4 SBA-financed Sola Salon Studios locations — the densest operator footprint.

Average Loan Size

$824K

Median $575K — use as a sizing anchor when modeling your own $Sola Salon Studios unit.

Lender Concentration

64.3%

Concentrated

Share of Sola Salon Studios approvals captured by the top 3 SBA lenders.

Sola Salon Studios's SBA lending pipeline peaked in 2014 (10 approvals). Operator density is highest in California with 4 SBA-financed locations. Average funded ticket sits at $824K, with the median at $575K. Lender mix is concentrated: the top three SBA lenders account for 64.3% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$307K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$3,972

Principal & Interest only

Locations

Sola Salon Studiosunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Sola Salon Studios