What is the range for the estimated total initial investment for a My Salon Suite franchise?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
version Franchise. You should review these figures carefully with a business advisor before making any decision to purchase the Conversion Franchise.
DEVELOPMENT AGREEMENT YOUR ESTIMATED INITIAL INVESTMENT
| Type of | Amount | Method of | To | ||
|---|---|---|---|---|---|
| Expenditure | Low | High | Payment | When Due | Whom Payment is to be Paid |
| Fee(1) Development | $125,000 | $125,000 | Lump sum | Upon signing |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 29–35)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the estimated initial investment for your initial franchised business ranges from $625,106 to $1,628,095. This investment covers the expenses required to open your first My Salon Suite location under the initial Franchise Agreement, which you'll sign alongside the Development Agreement. It's important to note that this range excludes the Initial Franchise Fee, as the Development Fee covers this aspect.
This initial investment range encompasses all other costs detailed in the investment chart within Item 7 of the FDD. However, it does not account for expenses related to opening subsequent My Salon Suite franchises under the Development Agreement, as these costs are unlikely to occur within the first three months of operating your initial location. As you expand and open additional locations, you will incur the costs outlined in Item 7 (excluding the Initial Franchise Fee) at the time of opening each new franchise.
Prospective franchisees should also be aware that these costs are subject to change and may increase in the future, depending on when additional locations are opened. My Salon Suite advises that you carefully review these figures with a business advisor, financial consultant, or other professional before making any decisions about purchasing a franchise.