What was the net change in the number of My Salon Suite franchise outlets during 2023?

According to My Salon Suite's 2025 Franchise Disclosure Document, the net change in the number of franchise outlets during 2023 was an increase of 43 locations. At the start of 2023, there were 232 franchise outlets, and by the end of the year, this number had grown to 275. This indicates a significant expansion of the franchise network during that year.

For a prospective franchisee, this growth trend could be seen as a positive indicator of the brand's health and popularity. A growing number of outlets may suggest increasing brand recognition and customer demand. However, it is important to consider other factors such as the performance of existing outlets and the level of competition in specific markets.

Additionally, the FDD provides data on company-owned and affiliate outlets, which increased by 15 in 2023, from 33 to 48. When combined with the franchise outlet growth, the total net change in outlets for My Salon Suite in 2023 was an increase of 58, from 265 to 323. This overall growth reflects the expansion of the My Salon Suite system as a whole, encompassing both franchised and company-operated locations.

It is important for potential franchisees to conduct thorough due diligence, including reviewing the complete Item 20 data in the FDD, to understand the nuances of outlet growth, closures, and transfers within the My Salon Suite system. Speaking with current and former franchisees can also provide valuable insights into the opportunities and challenges of operating a My Salon Suite franchise.