As of December 31, 2022, how many company-owned My Salon Suite locations were in operation?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
SMF operates a franchising business that provides others with the opportunity to operate a salon suite business, serving as a property owner and business consultant to health and beauty professionals, renting private individualized space to the professionals. SMC operates companyowned salon suite properties. As of December 31, 2023, there were 274 franchised locations and 44 corporate locations in operation. As of December 31, 2022, there were 231 franchised locations and 31 corporate locations in operation.
Source: Item 6 — Other Intangibles and Goodwill (FDD pages 274–314)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, as of December 31, 2022, there were 31 company-owned My Salon Suite locations in operation. This is in comparison to the 231 franchised locations that were in operation at the same time.
For a prospective franchisee, this indicates the scale of corporate-owned versus franchised operations within My Salon Suite. It reveals how much the franchisor relies on company-owned stores versus franchises.
It is important to note that by December 31, 2023, My Salon Suite had grown to 44 corporate locations and 274 franchised locations. This demonstrates growth in both sectors of the business.