My Salon Suite Franchise
My Salon Suite is a luxury salon suite brand. You build out individual suites and rent them to beauty and health pros. It's semi-absentee with no employees. Founded in 2010 by stylist Al Ferrigno and family. A real estate-style business in the beauty industry.
Investment and key facts
- Industry: Hair Care & Beauty Salons
- Minimum investment: $994,971
- Maximum investment: $1,820,417
- Founded: 2010
About My Salon Suite
My Salon Suite is a high-end luxury brand in the suite space. My Salon Suite is a semi-absentee business with no employees. Their franchise partners are building out individual suites and renting them to health and beauty professionals. Founded in 2010 by renowned stylist Al Ferrigno, his niece Alanna McAllister and her husband Ken McAllister, My Salon Suite is raising the bar in luxury for salon entrepreneurs and consumers across North America. Featuring a fully equipped, private styling center, state-of-the-art security system, and more, the suites attracted seasoned health and beauty professionals specializing in a range of services. With more than 350 locations across the United States and Canada, the brand looks to open 50-60 stores each year for the next three years. What makes My Salon Suite a great franchise to own and operate? Semi-Absentee. Looking for a passive business model that upon maturity only requires 5 to 10 hours per week. Few to no employees. Great for a husband-wife team where one wants to keep their profession while building a passive income stream. The executive model calls for working "on the business, not in the business." What services are offered in a My Salon Suite? Any service that falls under the health and beauty industry umbrella. Hair Stylists, Massage Therapists, Nail Technicians, Estheticians, tattoo artists and many more services.