Does the My Salon Suite franchise offer a Development Agreement, and if so, where is it located in the exhibits?

According to My Salon Suite's 2025 Franchise Disclosure Document, a Development Agreement is available to qualified franchisees. This agreement grants the developer the right to open three My Salon Suite franchises within a defined geographic area over a three-year period. The current form of the Development Agreement is included as Exhibit D to the Franchise Disclosure Document.

For a prospective franchisee, securing a Development Agreement offers the opportunity to expand their business footprint and market presence. Instead of opening a single My Salon Suite location, a developer can establish multiple units, potentially capturing a larger share of the market and building brand recognition within their designated territory. This can lead to increased revenue and economies of scale in operations and marketing.

However, it's important to note that upon establishing each additional My Salon Suite location under the Development Agreement, the franchisee will be required to sign the then-current Franchise Agreement. This subsequent agreement may differ from the initial Franchise Agreement included in the FDD, potentially impacting the terms, fees, and obligations of the franchisee. Therefore, developers need to carefully review and understand the terms of the franchise agreement in effect at the time each new location is opened.

Furthermore, the Development Agreement includes specific obligations and responsibilities, such as adhering to the franchisor's standards for site selection and development for each new location. My Salon Suite retains the right to approve the location of future units, ensuring they meet the brand's criteria. Prospective developers should carefully evaluate their ability to meet these requirements and manage the complexities of developing multiple franchise locations simultaneously.