factual

Has any affiliate of My Salon Suite conducted a business similar to the My Salon Suite franchise that I will operate?

My_Salon_Suite Franchise · 2025 FDD

Answer from 2025 FDD Document

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We have 3 affiliates, SMF Corporate Stores, LLC, Suite Management of Sarasota, and Suite Management of Sarasota South LLC, that operate businesses like the type offered in this Franchise Disclosure Document. These affiliates have not offered franchises in any line of business. Each of our affiliates operates at least 1 My Salon Suite Business that is similar to the My Salon Suite Business being offered in this Franchise Disclosure Document which has been in operation since 2010 (SMF Corporate Stores, LLC); 2011 (Suite Management of Sarasota and SMF Corporate Stores, LLC); 2012 (Suite Management Sarasota South LLC); and 2018 (SMF Corporate Stores,LLC). These affiliates do not offer franchisesin any line of business and, except as otherwise provided in this Item, are not otherwise engaged in any other business activity.

Our immediate parent company is Suite Management Holdings, LLC, a Delaware limited liability company ("SMH") that acquired us and our affiliates under an Equity Purchase Agreement dated June 25, 2021 (the "Transaction").

Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–12)

What This Means (2025 FDD)

According to the 2025 My Salon Suite Franchise Disclosure Document, while the franchisor itself does not operate franchises similar to those described in the FDD, three affiliates do. These affiliates, SMF Corporate Stores, LLC, Suite Management of Sarasota, and Suite Management of Sarasota South LLC, operate businesses similar to the My Salon Suite franchise. These affiliated businesses have been in operation since 2010, 2011, 2012 and 2018. These affiliates do not offer franchises in any line of business and are not engaged in any other business activity.

My Salon Suite is also affiliated with other franchise programs through common control with Propelled Brands Holdings, Inc., LightBay, or Freeman Spogli. These include FASTSIGNS, NerdsToGo, Camp Bow Wow, Batteries Plus, VIO Med Spa, and Boardroom Salon franchises. However, the FDD states that none of these affiliated franchise programs conduct a business similar to the My Salon Suite franchise that a franchisee would operate.

Prospective franchisees should be aware that while My Salon Suite does not directly compete with its own franchisees, affiliated companies do operate similar businesses. This could provide valuable insights and experience to the franchisor but may also present a potential for conflicts of interest. It is important for potential franchisees to understand the nature and extent of these affiliate operations and how they might impact their own My Salon Suite franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.