Sola Salons Investment Information
How Much Does Our Salon Suite Franchise Cost?
When exploring salon suite franchise options, a key factor is the initial investment. As a potential owner, you want to be confident that your investment is worthwhile and sets the foundation for long-term growth. Sola Salons provides a compelling and competitive opportunity for entrepreneurs seeking to enter the salon suite industry.
Understanding the financial commitment is an essential part of your decision-making process. Below, we’ve outlined key figures from our 2024 Franchise Disclosure Document (FDD) to give you a clearer picture of the investment involved:
- Initial Franchise Fee: $55,000
- Royalty Fee: 5.5%
- Advertising Requirement: 1.5% to 2%
Estimated Initial Investment
| Type of Expenditure | Minimum Investment | Maximum Investment |
|---|---|---|
| Initial Franchise Fee | $55,000 | $55,000 |
| Travel and Living Expenses | $2,500 | $4,000 |
| Site Selection Assistance | $0 | $3,500 |
| Rent Manager Property Management Software | $744 | $1,044 |
| Architectural Fees | $10,000 | $45,000 |
| Rent or Real Estate | $30,800 | $121,000 |
| Design Services | $3,500 | $5,000 |
| Improvements / Conversions | $538,799 | $1,136,784 |
| Furniture & Fixtures | $216,336 | $339,627 |
| Low Voltage | $6,535 | $63,749 |
| Signage | $10,000 | $20,000 |
| Utilities | $1,357 | $21,587 |
| Operating Supplies | $1,000 | $21,200 |
| Advertising / Marketing | $10,900 | $20,000 |
| Insurance | $3,250 | $5,000 |
| Computer Equipment and Software | $1,300 | $2,300 |
| Repairs and Maintenance | $3,000 | $28,033 |
| Labor | $9,000 | $15,000 |
| Additional Funds for Initial Three Months | $20,000 | $50,000 |
| Total | $924,021 | $1,957,824 |
All financial information presented is for information purposes only and subject to Sola Salons 2024 franchise disclosure document (the "FDD"). Please refer to item 7 of the FDD for complete investment information.
Available Territories Across the U.S. & Canada
Find the Perfect Location for Your Sola Salons Franchise
Sola Salons, the largest and fastest-growing salon suite franchise, has prime territories available in major markets throughout the United States and Canada. We're expanding our reach to bring the Sola experience to more communities, offering opportunities in both established and emerging areas. Whether you're interested in a bustling city center or a growing suburban location, Sola has territories to suit various preferences and market demands. Explore our available markets and find the ideal setting to launch your Sola franchise.
Ready to Take the Next Step?
With its proven business model and prime position within a thriving sector, Sola Salons offers investors an excellent opportunity to capitalize on this growing market. Check out our franchise opportunities and see how you can become part of the beauty industry's continued success.
Submit a contact form today for more information about our salon franchise opportunity!
