What was the total number of My Salon Suite terminations in Arizona during 2024?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
2 | | | 2024 | 0 | | Michigan | 2022 | 3 | | | 2023 | 1 | | | 2024 | 4 | | Missouri | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | | | | | New Jersey | 2022 | 0 | |--------------|------|----| | | 2023 | 3 | | | 2024 | 0 | | Pennsylvania | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Texas | 2022 | 2 | | | 2023 | 0 | | | 2024 | 0 | | Totals | 2022 | 7 | | | 2023 | 10 | | | 2024 | 12 | Table 3: Status of Franchised Outlets Years 2022 to 2024
| State | Year | Outlets at Start of the Year | Outlets Opened | Terminations | Non Renewal s | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 0 | 0 |
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 was one termination in Arizona during 2024. The table provided in Item 20 outlines the changes in the number of outlets for each state over the past three years. This includes the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, re acquisitions by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is crucial for assessing the stability and performance of My Salon Suite franchises in specific geographic areas. A higher number of terminations could indicate potential issues with the franchise model or market conditions in that state. Conversely, a low number of terminations, as is the case in Arizona, might suggest a more stable and successful franchise environment.
It's important to note that the table provides a snapshot of outlet changes but doesn't delve into the reasons behind terminations. A prospective franchisee should investigate further to understand why terminations occurred, whether they were due to financial difficulties, disputes with the franchisor, or other factors. Understanding the context behind these numbers is essential for making an informed investment decision.