factual

Where can I find more details about the Project Management Fee for a My Salon Suite franchise?

My_Salon_Suite Franchise · 2025 FDD

Answer from 2025 FDD Document

Project Management Fee.

This fee is described in further detail in Item 5.

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

What This Means (2025 FDD)

According to the 2025 My Salon Suite FDD, Item 7 provides an overview of the Project Management Fee. Specifically, it indicates that further details regarding this fee can be found in Item 5 of the FDD. Item 7 lists the Project Management Fee as part of the estimated initial investment for both standard and conversion franchise locations.

For a standard My Salon Suite franchise, the Project Management Fee is estimated to be a fixed amount of $5,000. This fee is paid as a lump sum and is due within 30 days of signing the lease. The payment is made directly to My Salon Suite.

For a conversion franchise, the Project Management Fee is listed as $0. Therefore, franchisees converting an existing business to a My Salon Suite are not required to pay this fee. Reviewing Item 5 of the FDD will provide a more comprehensive understanding of what the Project Management Fee covers and any associated obligations.

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.