How many franchise locations of My Salon Suite were operating at the start of 2023?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 193 | 232 | +39 | |
| Franchises | 2023 | 232 | 275 | +43 |
| 2024 | 275 | 304 | +29 | |
| 2022 | 31 | 33 | +2 | |
| Company-Owned | 2023 | 33 | 48 | +15 |
| and Affiliates | 2024 | 48 | 51 | +3 |
| 2022 | 224 | 265 | +41 | |
| Total Outlets | 2023 | 265 | 323 | +58 |
| 2024 | 323 | 355 | +32 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 83–93)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, there were 232 franchise locations operating at the start of 2023. This number is part of a broader table that tracks the number of franchise outlets, company-owned outlets, and total outlets from 2022 to 2024. The table provides a clear view of the brand's growth trajectory over these three years.
For a prospective franchisee, this information indicates the existing footprint and expansion rate of My Salon Suite. Knowing the number of existing franchises can help in assessing brand recognition and market saturation in different regions. The increase of 43 franchise locations during 2023 suggests a healthy growth rate, which may be an attractive factor for new franchisees.
It's also important to note the distinction between franchise outlets and company-owned outlets. In 2023, there were 33 company-owned and affiliated outlets at the start of the year. Understanding the balance between franchised and company-owned locations can provide insights into My Salon Suite's business model and strategic priorities. The total number of outlets, which combines both franchise and company-owned locations, was 265 at the beginning of 2023, further illustrating the overall size of the My Salon Suite system.