How many My Salon Suite outlets were operating in Arkansas at the end of 2022?
My_Salon_Suite Franchise · 2025 FDDAnswer 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 |
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 was one outlet operating in Arkansas at the end of 2022. The table provided in Item 20 of the FDD details the number of franchise system-wide outlets from 2022 to 2024. For Arkansas specifically, the data shows that at the start of 2022, there was one outlet. During 2022, no additional outlets were opened, and there were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. Therefore, the number of My Salon Suite outlets in Arkansas remained at one at the end of 2022.
For a prospective franchisee, this information indicates the existing footprint of My Salon Suite in Arkansas during that period. It's important to note that the presence of only one outlet in 2022 might suggest a relatively untapped market or, conversely, potential challenges in establishing the brand in that area. A franchisee should further investigate the market dynamics in Arkansas to understand the opportunities and risks associated with opening a My Salon Suite location.
The FDD also provides data for 2023 and 2024, showing that the number of outlets in Arkansas remained constant at one. This continued stability could be interpreted in various ways, such as a deliberate controlled growth strategy or a lack of market demand. A potential franchisee should consider these factors and conduct thorough market research to assess the growth potential and competitive landscape in Arkansas.
Overall, the data presented in the FDD offers a snapshot of My Salon Suite's presence and growth trajectory in Arkansas. While the information is valuable, prospective franchisees should supplement it with their own due diligence, including market analysis, competitor research, and discussions with existing franchisees, to make an informed investment decision.