What is the current minimum Grand Opening Advertisement fee for a My Salon Suite franchise?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type Of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty Fee (2) | If you are a new Center or a Conversion Center you will pay 2.75% of Gross Revenues for the first 6 months. Beginning the 7 th month through the 12 th month you will pay 5.5% of Gross Revenues for . Beginning the 13th month after your Franchised Business opens through the end of the term of the Franchise Agreement, you will pay the greater of $1,000 or 5.5% of Gross Revenues. | On or before | The "Royalty Fee" is based on "Gross Revenues" during the previous month. The reduction in the Royalty Fee for the first 6 months is not applicable to the purchase of a Resale Center. |
| the 10th day of | |||
| each month | |||
| Brand Building Fund Contribution | Currently a minimum of $200 per month. We may increase this up to 2% of your monthly Gross Revenues. | Same as | This contribution will be used for a "Brand Building Fund" for our use in promoting and building our My Salon Suite franchise brand. |
| Royalty Fee. | |||
| Technology Fee | Then-current fee (currently $170 per month for a Franchised Business | Same as | We may charge you a monthly fee for any custom or proprietary software for use in your Franchised Business. |
| Royalty Fee | |||
| Grand Opening | Currently a minimum of $15,000. | Upon demand | This fee is used to promote and advertise the grand opening of your Franchise |
Source: Item 5 — Initial Fees (FDD pages 18–28)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, franchisees must spend a minimum of $15,000 on grand opening advertisements. This fee is used to promote and advertise the grand opening of the franchisee's My Salon Suite business. The FDD indicates that this fee is due upon demand.
This grand opening advertisement fee is a one-time expense that My Salon Suite franchisees must pay to ensure their new location gets proper exposure at its launch. While the FDD specifies a minimum amount, franchisees have the option to spend more than $15,000 if they choose. This flexibility allows franchisees to tailor their grand opening marketing efforts to the specific needs and characteristics of their local market.
Grand opening advertising is a common practice in franchising, as it helps to quickly establish the brand's presence in a new area. The $15,000 minimum investment ensures that all My Salon Suite franchisees allocate sufficient resources to create a successful launch. Franchisees should work closely with My Salon Suite to develop a comprehensive grand opening marketing plan that maximizes the impact of this investment.