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Sola Salons Sola Salons

Learn More About a Sola Salons Franchise

Frequently Asked Questions About Our Salon Suite Franchise

Investing in a salon suite franchise can be an exciting and rewarding experience. However, it's natural to have a lot of questions before making such a big decision. At Sola Salons, we want to ensure you have all the information you need to confidently take the next step toward becoming a successful franchise owner.

In this FAQ section, we've compiled some of the most commonly asked questions about our salon suite franchise opportunity. If you're wondering about anything else, contact our team for more information. We are here to support and guide you throughout your franchise journey!

  • To qualify for a Sola Salons franchise, candidates should have:

    • Minimum net worth of $1,500,000
    • Liquid assets of at least $500,000

    These financial qualifications ensure franchisees have the necessary resources to launch and operate a Sola Salons location successfully. While meeting these financial requirements is important, we consider other factors such as business experience, leadership skills, and alignment with our brand values.

  • Sola Salons stands out as the leader in the salon suite industry with a 36% market share and over 730 locations nationwide. Our proven business model offers high occupancy and retention rates, providing a stable income stream for franchisees. We offer a unique combination of real estate investment and beauty industry growth with each location attracting an average of 1,000 unique visitors per week.

    Our comprehensive support system, including cutting-edge technology, marketing assistance, and ongoing business consulting, sets us apart. We also provide a salon design concept that maximizes visual appeal and practicality, making it easier for franchisees to attract and retain top beauty professionals.

  • The initial investment for a single Sola Salons franchise ranges from $924,021 to $1,957,824.

    The initial franchise fee for a new franchise is $55,000. Additional franchises can be purchased at a reduced initial franchise fee, allowing for expansion opportunities.

  • Successful Sola Salons franchisees possess an entrepreneurial spirit and a passion for empowering beauty professionals. They have strong business acumen, excellent communication skills, and the ability to build relationships within their community. A growth mindset, strategic thinking, and leadership abilities are also crucial, even in a low-labor ownership role.

    While experience in the beauty industry can be helpful, it's not required. We look for individuals who are committed to ongoing learning, adaptable to industry changes, and focused on creating opportunities for local beauty professionals.

  • Yes, there are ongoing fees associated with owning a Sola Salons franchise:

    • Royalty Fee: 5.5% of gross revenue
    • Marketing Fund Contribution: 1.5% to 2% of gross revenue

    These fees contribute to the brand's continued success and growth, providing franchisees with ongoing support, marketing resources, and brand development.

  • Yes, Sola Salons provides comprehensive training for new owners. Our program includes:

    • One-day onboarding course on business essentials
    • Two-day sales and operations training for in-depth knowledge of our proven model
    • Guided onboarding with weekly prep calls for a smooth grand opening

    Additionally, we offer continuous learning opportunities through newsletters, webinars, eLearning, regional meetings, and our biennial Sola Summit.

  • No, Sola Salons does not require franchisees to live in the market where they open a location. However, we emphasize the importance of having a strong manager in place to support operations if the franchisee is not located in that market. This ensures that the business receives proper oversight and management, even if the owner is not physically present.

  • Sola Salons offers extensive ongoing support to franchisees, including:

    • Access to a dedicated Franchise Business Consultant for best practices and growth strategies
    • Marketing guidance and access to national marketing campaigns
    • Proprietary salon management systems and analytics tools
    • ZenDesk R&M Ticketing System
    • Annual events, conferences, and summits for learning and networking
    • Ongoing business consulting for strategy, growth, and operational improvements

    This comprehensive support system ensures franchisees have the resources and guidance to succeed in the competitive beauty industry.

  • Yes, Sola Salons provides extensive assistance with site selection, real estate, and construction:

    • Site Selection: Our team helps evaluate potential sites, analyze market dynamics, and assess growth potential.
    • Real Estate: We offer full lease terms review and negotiation support.
    • Design and Construction: We provide in-house concept and fixture design services and can recommend preferred architectural and engineer firms and contractors for high-quality, cost-effective build-outs.

    Our dedicated teams for each aspect ensure that franchisees receive comprehensive support throughout the process of establishing their Sola Salons location.

  • The average Sola Salons location typically ranges from 4,200 to 9,000 square feet. This size allows 35-50 private salon suites to be rented to independent beauty professionals, creating a diverse and thriving community within each location.

  • The steps to becoming a Sola Salons owner include:

    • Initial consultation and financial pre-qualification
    • Business model overview and review of the Franchise Disclosure Document (FDD)
    • In-depth exploration of marketing strategies, site selection, and operational systems
    • Validation through touring existing locations and connecting with current franchise owners
    • Formal application, including financial verification and background check
    • Decision Day at headquarters to meet the leadership team
    • Mutual evaluation and franchise agreement execution

    This comprehensive process ensures that the potential franchisee and Sola Salons are well-aligned for a successful partnership.

  • It's important to note that individual results may vary based on factors such as location, local market conditions, and operational efficiency. The B2B nature of our business model, with predictable weekly rental income, provides a stable revenue stream with potential for growth as occupancy rates increase.  Please review our Earnings Potential page for more information.
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