Which items in the My Salon Suite Disclosure Document relate to pre-opening purchases/leases?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
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You will typically lease your Approved Location, which will normally range between 4,753 to 8,720 square feet in size, with the average size being approximately 6,664 square feet. The Approved Location is converted or remodeled into individual suites ("Individual Suites"). The leasable space per Individual Suite will vary, with the average Individual Suite ranging in size from 135 square feet to 267 square feet of leasable space that you will sublease to third-party salon professionals. Your Franchised Business will also be required to provide salon management and maintenance services for each Individual Suite, and the common areas of the Approved Location. Each Individual Suite and the common areas in your Approved Location must have access to wireless Internet. Each salon professional who subleases an Individual Suite is solely responsible for collecting their own revenue and scheduling their own appointments.
Source: Item 9 — **FRANCHISEE'S OBLIGATIONS (FDD pages 39–40)
What This Means (2025 FDD)
Based on the 2025 My Salon Suite Franchise Disclosure Document, Item 7 outlines the estimated initial investment, which includes pre-opening expenses. These costs cover items such as the initial franchise fee, rent and security deposits, leasehold improvements, furniture, fixtures, and equipment, computer hardware and software, opening inventory, insurance, advertising, professional fees, licenses and permits, and working capital. These are all costs a franchisee will need to consider before opening a My Salon Suite location.
Specifically, the document details expenses related to leasing the Approved Location, which typically ranges from 4,753 to 8,720 square feet, with an average size of approximately 6,664 square feet. This location is then converted into individual suites. The franchisee is responsible for the costs associated with these leasehold improvements to create the individual suites. Additionally, the franchisee will need to budget for furniture, fixtures, and equipment necessary to outfit both the individual suites and common areas.
Prospective franchisees should carefully review Item 7 in its entirety to understand the full scope of pre-opening costs. They should also conduct thorough due diligence to estimate the actual costs in their specific location, as these expenses can vary significantly. Consulting with current My Salon Suite franchisees and financial advisors is recommended to develop a realistic budget for the initial investment.