What was the net change in the number of My Salon Suite franchise outlets during 2022?
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, the net change in the number of franchise outlets during 2022 was an increase of 39 locations. At the start of 2022, there were 193 franchise outlets, and by the end of the year, this number had grown to 232. This represents the system-wide change in franchise locations, not including company-owned or affiliate locations.
For a prospective franchisee, this indicates a period of growth for the My Salon Suite franchise system. It shows that the brand was expanding its franchise network during that year. This information is valuable for potential franchisees as it provides insight into the brand's growth trajectory and overall performance.
It's important to note that this net change reflects the difference between new openings and any closures or terminations. While the net change was positive, it does not reveal the number of new My Salon Suite locations opened versus the number of closures. Further research into the specific reasons for any closures or terminations would provide a more complete picture.