What was the net change in the total number of My Salon Suite outlets during 2023?
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 total number of My Salon Suite outlets experienced a net increase of 58 locations during 2023. At the start of 2023, there were 265 total outlets, which grew to 323 by the end of the year. This growth is comprised of both franchise and company-owned/affiliated locations.
Specifically, the number of franchise locations increased by 43, rising from 232 at the beginning of 2023 to 275 by the year's end. Additionally, company-owned and affiliated outlets saw an increase of 15 locations, growing from 33 to 48 during the same period. This indicates that My Salon Suite is expanding through both franchising and corporate development.
For a prospective franchisee, this growth trend suggests a healthy and expanding franchise system. The increase in both franchise and company-owned locations could be interpreted as a positive sign, indicating the franchisor's commitment to the brand and its willingness to invest in its own operations alongside its franchisees. However, it is important for potential franchisees to investigate the reasons behind this growth, the locations of the new outlets, and their performance to assess whether this growth is sustainable and beneficial for the entire My Salon Suite system.