My Salon Suite
Cherry Franchise Broker
Total investment:
$ 550,400
Franchise fee:
$ 50,000
Royalty fee:
5.50%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 2010
Franchise since: 2012
Company owned units:
Franchise owned units: 70
Total number of units:
Number of employees per unit:
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEMY SALON Suite® offers beauty professionals the opportunity to own their own business without the large upfront costs and risks associated with building and running a salon. The company was founded in 2010 and is based in Metairie, Louisiana. MY SALON Suite® also provides franchise opportunities. As of 2018, the company operates 69 franchises in the United States and one outside the country.
On-The-Job Training: 3 hours
Classroom Training: 16 hours
Net-worth Requirement: $1,000,000
Liquid Cash Requirement: $200,000 Ad Royalty Fee: 1%
Cherry Franchise Broker
Languages: 
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