What expenses are NOT included in the additional funds estimate for a My Salon Suite franchise?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
These figures do not include standard pre-opening expenses, Royalty Fees, or Brand Building Fund contributions payable under the Franchise Agreement, or debt service, and assume that none of your expenses are offset by any sales generated during the start-up phase.
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 additional funds estimate does not include certain expenses that a franchisee should be aware of. The estimate for additional funds covers the initial 3-month start-up phase of the franchised business.
Specifically, the additional funds estimate excludes standard pre-opening expenses, Royalty Fees, Brand Building Fund contributions, and debt service. It is also assumed that none of the franchisee's expenses are offset by any sales generated during the start-up phase.
Prospective My Salon Suite franchisees should carefully consider these exclusions when planning their initial investment and operating budget. It is important to account for these additional expenses to ensure sufficient capital during the critical start-up period. Franchisees should also be prepared for the possibility of needing additional funds beyond the initial three months if the business does not generate sufficient cash flow.