As of December 31, 2022, how many franchised 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 231 franchised My Salon Suite locations in operation. Additionally, there were 31 corporate locations in operation at that time.
This information is relevant for prospective franchisees as it provides a snapshot of the brand's footprint at the end of 2022. Franchisees can use this data to understand the existing market presence of My Salon Suite and its growth trajectory by comparing it to the number of locations in operation as of December 31, 2023.
The FDD indicates that by December 31, 2023, the number of franchised locations had increased to 274, and the number of corporate locations had increased to 44. This demonstrates the brand's growth over the course of one year and may be an encouraging sign for individuals considering investing in a My Salon Suite franchise.