MY SALON Suite, a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business and the beauty industry’s future, announced today it has been recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Recognized as an invaluable resource for potential franchisees, the 2023 Franchise 500® ranks MY SALON Suite as #66 overall for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“MY SALON Suite’s tremendous growth and recent successes are a testament to the strength of the brand,” said Mark Jameson, chief development officer. “The concept utilizes a semi-absentee model that is ideal for multi-unit and multi-brand franchise partners looking to diversify their portfolio. I look forward to seeing what other milestones the brand will reach in the year ahead.”
The recognition follows a record-breaking year for MY SALON Suite, building on a growing sales track record. The brand opened 42 franchise locations and one corporate location in 2022 to reach a milestone of over 250 locations, expanding nationwide with plans to grow the brand internationally in 2023. In addition, Suite Relief Fund™, MY SALON Suite’s annual fundraiser for St. Jude Children’s Research Hospital®, raised over $123,000 in one month and set a new record for the brand.
MY SALON Suite offers a special incentive for veterans and first responders, including paramedics, emergency medical technicians, police officers, sheriffs, and firefighters, which includes a 50% reduction on the franchise fee – a savings of $25,000.
For more information about the MY SALON Suite franchise, visit https://www.mysalonsuite.com/franchise