What was the median rent expense for My Salon Suite locations in the bottom quartile by revenue?
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 locations in the bottom quartile by revenue (61 locations) was $142,253. The rent expense for these locations ranged from a low of $50,463 to a high of $303,534. The average rent expense for this quartile was $157,882.
This data point is crucial for prospective franchisees as it provides insight into the rent expenses of the least profitable My Salon Suite locations. Understanding this figure can help franchisees prepare for potential financial challenges and assess the risk associated with investing in a My Salon Suite franchise. It's important to note that rent expense includes base rent plus NNN or CAM expenses paid to the landlord.
It is important to consider that these figures are based on franchisee-reported data, which My Salon Suite has not independently verified. The FDD urges prospective franchisees to consult with financial, business, and legal advisors to conduct their own analysis of the data provided. Individual results may vary, and there is no assurance that a franchisee will achieve similar financial performance.