As of December 31, 2023, 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, 2023, there were 44 company-owned My Salon Suite locations in operation. In addition, there were 274 franchised locations open at that time.
This indicates the scale of My Salon Suite's corporate operations alongside its franchised network. The number of corporate-owned locations can provide insight into the franchisor's direct involvement in the business and their experience in managing salon suite properties.
A prospective franchisee might consider the ratio of franchised to company-owned locations when evaluating the franchise opportunity. A higher number of company-owned locations could suggest a greater alignment of interests between the franchisor and franchisees, as the franchisor also directly experiences the challenges and rewards of operating My Salon Suite locations.