My Salon Suite / Salon Plaza

Franchise Information

Analyzed filing: MN · File #770711756
Filed: Apr 27, 2017
FDD Issued: Mar 29, 2017
Extracted: Aug 1, 2026
Needs review family consensus outlets tie:family=mn:2535-201703|values=36,57|current=57 family consensus auv tie:family=mn:2535-201703|values=336530,358484|current=336530
Franchisor Details
Name: Suite Management Franchising, LLC
Address: 3900 N. Causeway Boulevard, Suite 1200, Metairie, Louisiana 70002
Phone: (855) 677-3726
Franchising Since: 2012
Industry & Qualifications
Industry
Beauty & Personal Care
Franchise Fee
$50,000
Royalty
5.5%
Ad Fund: 1.0%
Total Investment
$371K - $959K
Outlet Information
Total Outlets (2016)
57
Franchised
34
Company-Owned
21
Opened (Last Year)
+7
Closed (Last Year)
-0
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
0
Ceased Ops
0
Transfers
0
Reacquired
0
Exclusive Territory
Yes
Franchisees are granted a Protected Territory with a typical radius of two (2) m...
Item 19 (Financial Performance)
Disclosed
AUV of $336,530 represents average Income (Gross Revenues) for 27 My Salon Suite...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2016)
$336,530
% Achieving Avg
37.0%
Sample Size
27 units
Unit Economics
EBITDA
46.6%
Rent/Occupancy
33.0%
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
1249005052 MN_2535-201703-03_suite-management-franchising,-llc.pdf
Alternate source copy · newest filing
MN Apr 27, 2017 Restricted
770711756 MN_2535-201703-02_suite-management-franchising,-llc.pdf
Canonical 2017 analysis · needs review
MN Apr 27, 2017 Restricted
1092133089 MN_1600-201604-03_suite-management-franchising,-llc.pdf
Canonical 2016 analysis · needs review
MN May 4, 2016 Restricted
1080333942 MN_1600-201604-04_suite-management-franchising,-llc.pdf
Alternate source copy
MN May 4, 2016 Restricted
Showing 1–4 of 4 files.
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