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Real Estate

MY SALON Suite

Liquid Capital $250,000
Net Worth $1,500,000
Min Investment $984,999
Max Investment $1,577,236

About the Brand

MY SALON Suite is a high-end luxury brand in the suite space. MY SALON Suite is a semi-absentee business with no employees. Their franchise partners are taking anywhere from 4,000 to 14,000 sq. ft. of space, building out individual suites, and renting them to health and beauty professionals.

Founded in 2010 by renowned stylist Al Ferrigno, his niece Alanna McAllister and her husband Ken McAllister, MY SALON Suite is raising the bar in luxury for salon entrepreneurs and consumers across North America. Featuring a fully equipped, private styling center, state-of-the-art security system, and more, the suites attracted seasoned health and beauty professionals specializing in a range of services. With more than 250 locations across the United States, the New Orleans-based franchise concept looks to open 50-60 stores each year for the next three years.

To buy a franchise with MY SALON Suite you’ll need a minimum net worth of $1,500,000. Creative Colors International a franchise fee of $50,000. They also offer a discount for veterans.

Franchisor Details

  • Franchise Name MY SALON Suite
  • Total Units 250
  • Year Founded 2010
  • Franchising Since 2012
  • Home Office Carrollton Texas 75006
  • Training Available

Franchise Costs

  • Financing Available
  • Liquid Capital Required $250,000
  • Net Worth Required $1,500,000
  • Total Investment $984,999 - $1,577,236
  • Franchise Fee $50,000
  • Vetern Discount Yes

Location

*MY SALON Suite is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming