table_specific

How many My Salon Suite outlets opened in Arizona during 2023?

My_Salon_Suite Franchise · 2025 FDD

Answer from 2025 FDD Document

2 | | | 2024 | 0 | | Michigan | 2022 | 3 | | | 2023 | 1 | | | 2024 | 4 | | Missouri | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | | | | | New Jersey | 2022 | 0 | |--------------|------|----| | | 2023 | 3 | | | 2024 | 0 | | Pennsylvania | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Texas | 2022 | 2 | | | 2023 | 0 | | | 2024 | 0 | | Totals | 2022 | 7 | | | 2023 | 10 | | | 2024 | 12 | Table 3: Status of Franchised Outlets Years 2022 to 2024

State Year Outlets at Start of the Year Outlets Opened Terminations Non Renewal s Reacquired by Franchisor Ceased Operations Other Reasons Outlets at End of the Year
2022 1 0 0

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, one outlet opened in Arizona during 2023. The table provided in Item 20 outlines the number of outlets opened, terminated, and closed for various states over the past three years. This information is crucial for potential franchisees to understand the growth and stability of the franchise system in specific geographic areas.

Specifically, the table details that Arizona had 7 outlets at the start of 2023, opened 1 new outlet during the year, and had no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. This resulted in a total of 8 My Salon Suite locations in Arizona at the end of 2023.

This data helps prospective franchisees evaluate the market saturation and potential for growth in Arizona. A single opening might suggest a slower expansion rate compared to other states, which could be due to market conditions, competition, or other factors. It is important for potential franchisees to further investigate the reasons behind the growth rate in Arizona and assess whether it aligns with their investment and growth expectations.

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.