What was the average general operating expense for the top quartile of My Salon Suite locations?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
3 | $137,971 | $148,251 | | 104 | 42.6% | | | | Expense | | | | 32.5% | | | | | | | Royalties | $74,805 | $1,153 | $24,178 | $25,060 5.5% | | | 43.4% | | | | EBITDA* | $708,655 | -$115,147 | $191,547 | $194,813 | 42.8% | 115 | 47.1% | | | Table 2 The following is the average P&L for the Top 25% My Salon Suite Franchised Businesses of the 244 reporting My Salon Suite Franchised Businesses based on profitability.
| Top Quartile by Revenue (61 locations) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Location Details | High | Low | Median | Average | % that met or exceeded average | |||||
| % | 100% | 55.2% | 95.7% | 91.3% | 63.9% | |||||
| of | ||||||||||
| Total | ||||||||||
| Occupancy | ||||||||||
| Square | 13,172 | 3,870 | 5,689 | 6,014 | 21 | 34.4% | ||||
| footage | ||||||||||
| # | 70 | 21 | 31 | 31.7 | 39.3% | |||||
| of | ||||||||||
| Suites | ||||||||||
| Gross | $1,360,038 | $229,659 | $490,399 | $535,509 | 100.0% | 26 | 42.6% | |||
| Revenue | ||||||||||
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATION (FDD pages 78–83)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the average general operating expense for the top quartile of locations, based on revenue, was $78,120. This data is derived from 61 locations representing the top quartile. The general operating expense represents 14.6% of gross revenue for these locations. The range of general operating expenses for this top quartile varied from a high of $183,305 to a low of $24,710.
It's important to note that 42.6% of these top-quartile locations met or exceeded this average. This indicates that while $78,120 is the average, a significant portion of the top-performing locations had general operating expenses below this figure. Prospective franchisees should understand that these figures are averages and individual performance may vary.
These financial performance representations are based on data self-reported by franchisees and have not been audited by My Salon Suite. The FDD urges prospective franchisees to consult with financial, business, and legal advisors to conduct their own analysis of the potential financial performance of a My Salon Suite franchise. This due diligence is crucial to assess the viability of the franchise opportunity based on individual circumstances and market conditions.