Sola Salons
Founder
Stratton Smith and Matt Briger
Home Office Location
Lakewood, CO
Company Founded
2004
Began Franchising
2005
Industry
Salon Suites
Industry Size
$100 Billion
Veteran Discount
N/A
Group Health Insurance
No
Company Units Open
69
Franchise Units Awarded All Time
770
Franchise Units Awarded Last 12 Months
30
Franchise Units Open
740
Desire to scale / multi-unit ownership
Relationship Builder
Passion to Help People
No Industry Experience Required
Community Centric
Business Acumen
Brand Summary
Sola Salons is the world’s largest salon suites franchise concept with over 730 locations across the U.S. and Canada. Its innovative salon model empowers hairdressers, estheticians, nail techs, massage therapists and other like-minded professionals to take control of their lives and their careers. Sola provides beautiful, fully-equipped salon suites, support, and business tools to over 20,000 independent beauty professionals. The Sola Salons real estate rental model requires minimal staff, drives unparalleled occupancy and retention rates, and is steeped in 20 years of salon suite expertise.
* The Numbers
$1,181,960 - $1,939,349
Investment Range
442,438.28
Average Gross Revenue
1,181,814
Highest in Range
6%
Royalty
$1,000,000
Financial Requirements
DISLAIMER: *REFER TO MOST RECENT FRANCHISE DISCLOSURE DOCUMENT ITEM 19. THIS INFORMATION MAY HAVE CHANGED SINCE FIRST PUBLISHED. WE RECOMMEND THAT YOU ALWAYS VERIFY FEES, INVESTMENT AMOUNTS, AND OFFERS FOR THE FRANCHISE OPPORTUNITY DIRECTLY WITH THE FRANCHISOR PRIOR TO DECIDING TO INVEST.
Franchise Features
Stable, Recession-Resistant Business Model
Ease of Operation
Consistent Unit Growth
Frequently Asked Questions
DO THEY OFFER FINANCING TO HELP BUY THE FRANCHISE?
No
WHAT KIND OF TECHNOLOGY DO THEY HAVE IN PLACE?
CRM and Billing
DO THEY OFFER FLEXIBLE OWNERSHIP?
Yes
DO THEY OFFER A DISCOUNT TO VETERANS?
N/A
