When is the Grand Opening Advertisement fee due for a My Salon Suite franchise?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type Of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Grand Opening | Currently a minimum of $15,000. | Upon demand | This fee is used to promote and advertise the grand opening of your Franchised Business. |
| Advertisement (3) |
Source: Item 5 — Initial Fees (FDD pages 18–28)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the Grand Opening Advertisement fee, which is currently a minimum of $15,000, is due upon demand. This fee is specifically designated to promote and advertise the grand opening of your My Salon Suite franchised business.
This means that My Salon Suite can request this payment from you at any time. It is important for prospective franchisees to budget for this expense and be prepared to pay it when requested to ensure they can effectively market their grand opening. The FDD specifies that franchisees are required to spend at least $15,000 on grand opening advertising, but they have the option to spend more.
Understanding the timing of this payment is crucial for managing your initial investment and cash flow when starting your My Salon Suite franchise. Franchisees should discuss with My Salon Suite when this payment is typically requested to allow for adequate financial planning.