The Look Salon SuitesFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A THE LOOK SALON SUITES franchise requires a total initial investment of $940K – $1.2M, including a $55K franchise fee. Per the 2024 FDD, average unit revenue was $317K[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $940K – $1.2M
- 47th pct Personal Care…
- Avg gross sales
- $317K
- 4th pct Personal Care…
- Royalty
- N/A
- Units
- 2
- 6th pct Personal Care…
- SBA default
- N/A
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
At 0.3x revenue per dollar invested, this system underperforms the typical 1.5-2.5x range.
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $940K – $1.2M including a $55K franchise fee.
- Average unit revenue of $317K/year, with an estimated 11% cash-on-cash return (based on P&L Bottom Line).
- Verdict B (Above Average) with a risk score of 57/100.
- Revenue data based on only 1 reporting unit. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- TLSS FRANCHISE SYSTEM, LLC
- Incorporated in
- DE
- HQ
- 11010 Lake Grove Blvd, Suite 100-316, Morrisville, NC 27560
- Auditor
- Metwally CPA PLLC
- Audited financials
- Franchisor revenue
- $19K
- Most recent fiscal year
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- The Look Salon Suites
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Franchisees operate upscale salon suite rental facilities, leasing individual beauty/wellness stations to independent contractors (estheticians, nail technicians, hairstylists). Daily operations include tenant acquisition and retention, facility maintenance, scheduling, payment processing, and salon suite upkeep to attract premium service providers.
- CEO
- Hardik Raval
- Headquarters
- NC
- Founded
- 2023
- FDD year
- 2024
- States available
- 1
FDD Item 7 · 2024 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $45K | $45K | |
| Site Selection Feenot refundable | $3K | $3K | |
| Construction and Leasehold Improvementsnot refundable | $693K | $919K | |
| Initial Floor Plan Layoutnot refundable | $2K | $2K | |
| Design and Architect Feesnot refundable | $22K | $28K | |
| Furniture and Fixturesnot refundable | $107K | $125K | |
| Signage (interior and exterior)not refundable | $7K | $7K | |
| Security Systemnot refundable | $5K | $5K | |
| Rent Deposits | $10K | $11K | |
| Insurancenot refundable | $3K | $3K | |
| Utility Deposits | $1K | $2K | |
| Pre-opening Travel and Training Expensenot refundable | $4K | $4K | |
| Computer Equipment and Softwarenot refundable | $11K | $11K | |
| Grand Opening Advertisingnot refundable | $5K | $5K | |
| Business Permits and Licensesnot refundable | $4K | $4K | |
| Additional Fundsnot refundable | $20K | $20K | |
| Total initial investment | $940K | $1.2M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$70K
22.0% margin
Unlevered ROIC
6%
EBITDA / total invested capital
Payback
15.6 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $940K – $1.2M
- Near category avg vs category
- Liquid capital req'd
- $20K – $20K
- Better than avg vs category
- Franchise fee
- $45K – $55K
- Near category avg vs category
- Royalty
- Greater of $1,000 per month or 5.5% of monthly Gross Reve…
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.5%
- vs 9–13% typical
- Payback period
- 9.1 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $300 |
| Transfer fee | $15K |
| Renewal fee | $10K |
| Total fee load | 7.5% of rev |
Financial Performance
- Avg gross sales
- $317K
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $118K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 11.0%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Profit and Loss
- Sample size
- 1 units
- vs category median 35 · small
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 6 / 5
- vs category median 4 / 5 · above
Compared against 186 Personal Care & Beauty brands
Revenue is only 0.3x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Personal Care & Beauty averages
How The Look Salon Suites Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 1
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 50%
- vs corporate-owned
3-year detail · Item 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 20 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Nascent salon suites concept with only 2 units, unverified financial claims, and high capital requirements presents substantial execution and verification risk despite absence of litigation.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $99,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Metwally CPA PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 57 / 100 rating
- 01MEDOnly 2 operating units with unknown growth trajectory indicates extremely limited system scale and unproven replicability
- 02HIGHItem 19 financial performance data absent (no going concern statement) — cannot independently verify claimed $136,666 average net income or $317,213 revenue figures
- 03MEDHigh initial investment ($940k–$1.19M) paired with only 2 comparable units creates severe due diligence risk and limited peer benchmarking
- 04MINORRoyalty structure (5.5% of gross revenues or $1,000/month minimum) equals ~$1,500–$1,800/month on average unit, consuming 13–16% of stated net income
- 05MINOR10-year franchise term with $55,000 upfront fee suggests franchisor prioritizes front-loaded revenue over unit profitability
- 06HIGHNo disclosed litigation is positive, but minimal unit count makes this statistically unreliable as a safety indicator
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 15 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | North Carolina |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 22 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and franchisor location
- Site selection
- franchisee
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
23 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
THE LOOK SALON SUITES · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a THE LOOK SALON SUITES franchise?
The total investment to open a THE LOOK SALON SUITES franchise ranges from $940K – $1.2M, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do THE LOOK SALON SUITES franchise owners earn?
According to Item 19 of the THE LOOK SALON SUITES FDD, the average gross sales per unit is $317K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is THE LOOK SALON SUITES's franchise failure rate?
SBA 7(a) loan charge-off data is not available for THE LOOK SALON SUITES (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many THE LOOK SALON SUITES franchise locations are there?
As of their most recent FDD filing, THE LOOK SALON SUITES has 2 total units in the United States, including 0 franchised units and 1 company-owned units. 1 new units were opened in the latest reporting year.
Is THE LOOK SALON SUITES a good franchise to buy?
FranchiseVerdict rates THE LOOK SALON SUITES as a B-grade franchise with a risk score of 57 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.