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| Brand | Sola Salon Studios Personal Care & Beauty Remove | My Salon Suite Personal Care & Beauty Remove |
|---|---|---|
| Vitals | ||
Investment range | $1.2M – $1.9M | $675K – $1.7M |
Liquid capital | $20K – $50K | $35K – $65K |
Franchise fee | $60K | $50K |
Royalty rate | 5.5% | 2.8% |
Ad fund rate | 1.5% | N/A |
| Performance | ||
Avg gross sales | $442K | $691K |
Median gross sales | $420K | N/A |
Avg owner earnings Metric varies by brand. Check type below | N/A | $186K |
Earnings metric | Not classified | EBITDA |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 44 / 100 | 25 / 100 |
SBA charge-off rate | 0.0% | 0.0% |
SBA loans on record | 13 | 8 |
| Scale | ||
Total units | 729 | 355 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.5% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 17 | 34 |
| Contacts | ||
Franchisee phones | 183 | 184 |
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