factual

When is the Design Standards Fee due for a My Salon Suite franchise?

My_Salon_Suite Franchise · 2025 FDD

Answer from 2025 FDD Document

Tymo of Amo ount Mathad of To Whom
Type of Expenditure Low High Method of Payment When Due Payment is to be Paid
Initial Franchise Fee (1) $50,000 $50,000 Lump sum Upon signing of Franchise Agreement Franchisor
Travel and Living Expenses $1,000 $3,000 As incurred As incurred Airlines, Hotels, Restaurants, etc.
Rent or Real $1,200 $37,712 As determined by lessor Prior to opening Lessor
Estate (2)
Improvements/ $353,351 $984,638 As incurred Prior to opening Vendors
Conversions (3)
Furniture and Fixtures $173,881 374,552 As determined by vendors Prior to opening or as arranged with vendors Vendors
Freight $3,060 $10,892 As determined by vendors Prior to opening Vendors
Signage $4,960 $26,045 As determined by vendors Prior to opening or as arranged with vendors Vendors
Miscellaneous $5,000 $9,000 As incurred Prior to opening Vendors,
Opening Costs (4) Utilities, etc.
Operating $10,000 $10,000 As incurred Prior to opening Approved Vendors
Supplies (5)
Advertising/ $15,000 $20,000 As incurred Prior to opening Vendors
Marketing (3
Months)
Insurance (Annual) (6) $1,400 $4,000 As determined by insurance company Prior to opening or as arranged by vendor Insurance Company/Agent
Additional Funds – $35

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 29–35)

What This Means (2025 FDD)

According to My Salon Suite's 2025 Franchise Disclosure Document, the Design Standards Fee is due prior to opening, within 5 days of the invoice date. The fee ranges from $1,500 to $2,500 and is paid as a lump sum to the Franchisor. This fee is part of the initial investment required to start a My Salon Suite franchise.

Prospective franchisees should note that the Design Standards Fee is non-refundable, like all amounts paid directly to My Salon Suite. Therefore, it's crucial to understand the services covered by this fee and ensure that the invoice is accurate before making the payment. Franchisees should also factor this fee into their overall budget and timeline for opening their My Salon Suite location.

Understanding when fees are due is essential for managing cash flow during the initial setup phase. The Design Standards Fee is just one of several pre-opening expenses, so franchisees should carefully review Item 7 of the FDD and consult with My Salon Suite to fully understand all payment obligations and deadlines.

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.