HOW MUCH DOES IT COST TO OPEN A SALON SUITE?
The cost of a location is based on the total square footage of the property. Most of our locations range from 4000 - 6000 square feet with average being 5,000 square feet. A Single Unit Investment averages between $568,000 - $1,482,000.
WHAT KIND OF FINANCING OPTIONS ARE AVAILABLE?
Suite Management Franchising has a financing program available for qualified franchise partners that have good credit (over a 700) and approximately $150,000 in liquid assets and possess a net worth of approximately $750,000.
WHO IS A GOOD FRANCHISE CANDIDATE?
Many of our franchise partners husband and wife teams that are either business executives or prior business executives seeking an investment opportunity that is scaleable, requires a minimum number of employees, and offers the option to keep your day job while building a business.
WHAT IS A SALON SUITE?
The terminology of salon suite (sometimes referred to as a “salon studio” or “beauty mall”) is an individual unit that is leased or rented inside of a beauty complex or salon gallery to provide an assortment of cosmetology services. Click here to read more about Salon Suites and their history.