What is the estimated low and high cost for furniture and fixtures for a My Salon Suite franchise?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of | Amo | ount | Method of | To Whom | |
|---|---|---|---|---|---|
| Expenditure | Low | High | 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 | $0 | $0 | As determined by lessor | Prior to opening | Lessor |
| Estate (2) | |||||
| Improvements/ | $12,500 | $50,000 | As incurred | Prior to opening | Vendors |
| Conversions (3) | |||||
| Furniture and Fixtures | $12,500 | $50,000 | As determined by ve |
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 estimated initial investment for furniture and fixtures ranges from $12,500 to $50,000, as detailed in one table. However, a separate table provides a significantly different estimate, with the low end at $173,881 and the high end at $374,552. These costs are determined by vendors, and payment is due prior to opening or as arranged with the vendors.
The discrepancy in the estimated costs for furniture and fixtures between the two tables suggests that there might be different build-out options or territory-specific requirements that influence these expenses. It is important for potential franchisees to understand which set of estimates applies to their specific location and business plan.
Prospective franchisees should carefully review the specific requirements for furniture and fixtures with My Salon Suite to understand the factors that contribute to these varying costs. Understanding these differences is crucial for accurate financial planning and ensuring that they have sufficient capital to launch their franchise successfully. It would be prudent to discuss these discrepancies with the franchisor to clarify which investment range is most applicable to their situation and to understand the factors driving the potential cost variations.