What was the median rent expense for the bottom quartile My Salon Suite franchised businesses?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
| $393,319 | $6,793 | $121,734 | $125,841 | | 28 | 45.9% | | | | | Expense | | | | 23.5% | | | | | | | | Royalties | $74,805 | $12,631 | $26,792 | $29,453 5.5% | | 26 | 42.6% | | | | | EBITDA* | $708,655 | $124,687 | $278,794 | $302,095 | 56.4% | 28 | 45.9% | | | |Table 3
The following is the average P&L for the Lowest 25% My Salon Suite Franchised Businesses of the 244 reporting Centers based on profitability.
| Bottom Quartile by Revenue (61 locations) | |||||||
|---|---|---|---|---|---|---|---|
| Location Details | Number/ | % that met | |||||
| High | Low | Median | Average | or exceeded average | |||
| % | 100% | 28.6% | 82.8% | 78.3% | 37 | 60.7% | |
| of | |||||||
| Total | |||||||
| Occupancy | |||||||
| Square | 9,732 | 2,880 | 5,320 | 5,421 | 30 | 49.2% | |
| footage | |||||||
| # | 51 | 15 | 27 | 28.1 | 26 | 42.6% | |
| of | |||||||
| Suites | |||||||
| Gross | $653,215 | $20,962 | $340,337 | $343,322 | 100.0% |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATION (FDD pages 78–83)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the median rent expense for the bottom quartile of locations, based on revenue, was $142,253. This data is derived from 61 locations that represent the bottom quartile of the 244 reporting My Salon Suite franchised businesses. The rent expense includes the base rent plus NNN (Net, Net, Net) or CAM (Common Area Maintenance) expenses paid to the landlord.
Prospective franchisees should note that this figure represents the median, meaning half of the bottom quartile locations had rent expenses above this amount, and half had expenses below. The range of rent expenses within this bottom quartile varied significantly, from a low of $50,463 to a high of $303,534. This wide range suggests that location and lease terms can greatly impact a franchisee's rent expense.
It's important to consider that these figures are based on reports submitted by franchisees, and My Salon Suite has not independently verified the data. The FDD also states that individual results may differ, and there is no assurance that a new franchisee will achieve similar results. Consulting with financial advisors is recommended to assess the potential rent expenses and overall financial viability of a My Salon Suite franchise in a specific location.