What is the average tenant improvement cost per square foot for a My Salon Suite?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Improvements/Conversions. The cost of building out and constructing your Franchised Business will vary significantly based on the geographic location and square footage of your Franchised Business. Tenant improvement costs t
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 29–35)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the average tenant improvement cost is $226 per square foot. This figure is an estimate of the expenses associated with building out and constructing the franchised business location.
Prospective franchisees should understand that this cost can vary significantly depending on the geographic location and the square footage of the premises. The FDD also indicates that tenant improvement costs typically range between $183 and $286 per square foot. This range suggests that franchisees in different locations or with different space requirements may experience costs outside the average.
In addition to the average and range, the FDD mentions that tenant improvement allowances have ranged from $70,130 to $429,216. This allowance could potentially offset some of the tenant improvement costs, but the availability and amount of the allowance will likely depend on negotiations with the landlord. Franchisees should carefully consider these factors and conduct thorough due diligence to estimate their actual tenant improvement costs accurately.