What are the requirements to receive a referral fee from My Salon Suite for referring a prospective franchisee?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
once paid, and is non-refundable.
Referral Fee
We will pay you a referral fee for prospective Propelled Brands franchisees that you refer to us that purchase a Propelled Brands franchise, so long as the prospective franchisee is not already an active candidate or existing franchisee of a Propelled Brands franchisor. You will provide us with the name, address, and phone number of the prospective franchisee and, if the prospective franchisee purchases a Propelled Brands franchise, you will receive a referral fee of $7,500. The referral fee is not applicable if the prospective franchisee
Source: Item 5 — Initial Fees (FDD pages 18–28)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, a referral fee of $7,500 is offered to franchisees who refer prospective franchisees to Propelled Brands, My Salon Suite's parent company. To qualify for the referral fee, the referred party must purchase a Propelled Brands franchise and cannot already be an active candidate or existing franchisee within the Propelled Brands system.
To initiate the referral process, the referring My Salon Suite franchisee must provide the name, address, and phone number of the prospective franchisee to My Salon Suite. If the referred prospect ultimately purchases a Propelled Brands franchise, the referring franchisee will then receive the $7,500 referral fee.
It is important to note that the referral fee is not applicable if the prospective franchisee purchases an existing Propelled Brands franchise. This condition ensures that the referral fee is intended to incentivize the introduction of new franchisees into the Propelled Brands system, rather than facilitating the transfer of existing franchise locations.