What was the total number of My Salon Suite outlets in Maryland at the end of 2024?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| 2022 | 17 | 0 | 0 | 0 | 0 | 17 | |
| Maryland | 2023 | 17 | 0 | 0 | 0 | 0 | 17 |
| 2024 | 17 | 1 | 0 | 0 | 0 | 18 |
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, there were 18 outlets in Maryland at the end of 2024. The state had 17 locations at the start of 2024 and opened one additional location during the year. There were no outlets reacquired from a franchisee, closed, or sold to a franchisee during that year.
For a prospective franchisee in Maryland, this indicates a modest growth in the state. While not a large number of openings, the addition of a single outlet suggests some expansion and potential market interest in the My Salon Suite concept within Maryland. This information is valuable for assessing the brand's presence and growth trajectory in the specific region where a potential franchisee might be considering opening a location.
It's important to note that past performance does not guarantee future results. A prospective franchisee should conduct their own market research and due diligence to determine the viability of a My Salon Suite franchise in their specific target area within Maryland. They should also speak with existing franchisees in the state to gain firsthand insights into their experiences and the challenges and opportunities they have encountered.