factual

What is the current monthly Technology Fee for a My Salon Suite franchise?

My_Salon_Suite Franchise · 2025 FDD

Answer 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

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 pay a Technology Fee. The then-current fee is $170 per month for a franchised business. This fee is due on the same day as the Royalty Fee.

My Salon Suite may charge franchisees this monthly fee for any custom or proprietary software used in their franchised business. It is important to note that this fee is subject to change, as it is the "then-current fee."

Prospective franchisees should consider the Technology Fee as part of their ongoing monthly expenses when evaluating the financial feasibility of a My Salon Suite franchise. It is also important to confirm with My Salon Suite whether the technology fee covers all required software or if there are additional technology-related costs.

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.