My Salon Suite/Salon Plaza
#313 Franchise 500| Salon suites

My Salon Suite/Salon Plaza
Salon suites

About
Founded

2010

Franchising Since

2012 (7 Years)

Corporate Address

3900 N. Causeway Blvd., #1200
Metairie, LA 70002

CEO

Ken McAllister

Parent Company

Suite Management Franchising

Financial Requirements
Initial Investment

$582,164 - $1,479,827

Net-worth Requirement

$1,000,000

Liquid Cash Requirement

$200,000

Ongoing Fees
Initial Franchise Fee

$50,000 - $50,000

Ongoing Royalty Fee

5.5%

Ad Royalty Fee

1%

Financing Options

My Salon Suite/Salon Plaza has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

12 hours

Classroom Training:

18 hours

My Salon Suite/Salon Plaza is ranked #313 in the Franchise 500!
Cost
Initial Investment: Low - $582,164 High - $1,479,827
Units
+48.4%+31 UNITS (1 Year) +82.7%+43 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 14th, 2019