Sola Salons
$500,000
$55,000
697
2005
Lakewood,CO
Ben Jones
Overview
Sola Salons was founded in 2004 with the dream of doing more than designing beautiful, move-in-ready salon studios. Sola’s co-founders set out to build a thriving community where independent professionals could create a life and career they loved. Since then, our proven franchise model has helped passionate entrepreneurs build rewarding businesses all across the nation.
Now with more than 725 locations currently in operation across the U.S. and Canada, Sola proudly offers 20,000+ independent professionals the freedom and benefits of salon ownership without the risk and overhead of opening a traditional salon. Our innovative model empowers hairdressers, estheticians, nail techs, massage therapists, and other like-minded professionals to take control of their lives and their careers.
Our salon suite franchise is currently looking for dedicated individuals to help us grow our industry-leading concept into new markets across the country and beyond. Steeped in over 20 years of experience, our simple, B2B real estate business model requires minimal staff and drives unparalleled occupancy and retention rates. It’s the perfect time to join the largest- and fastest-growing salon suite franchise!
Franchise Unit Trends and Revenue
697
53
$435,679
* in 2023
Franchise Fees
$55,000
5.5%
Gross Revenues
1.5%
Gross Revenues
Why Choose Sola Salons?
Franchising with Sola Salons offers a dynamic opportunity to diversify your investment portfolio within a rapidly expanding market segment. With over 725 locations and a network of 20,000 beauty professionals, Sola boasts a recognized brand name and national presence. Franchisees receive extensive support, including market analysis, site selection assistance, and exclusive training for owners and general managers. By leasing individual salon suites to beauty professionals, Sola’s B2B real estate rental model minimizes staffing needs while driving impressive occupancy and retention rates.
Additionally, franchisees benefit from access to world-class integrated marketing programs and the sharing of best practices among a nationwide community of accomplished operators. As part of the booming $64 billion beauty industry, Sola Salons stands out as one of the fastest-growing franchises, offering a promising avenue for investment and business growth.
Starting Costs and Investment Requirements
$924,021 - $1,957,824
$1,500,000
$500,000
Ideal Candidate
Considering the Sola Salons franchise model? Diverse backgrounds thrive here - no beauty industry experience required. Whether you're a seasoned franchise owner or new to the game, Sola Salons offers a proven system for success.
Key traits:
- General business or real estate background preferred
- Salon experience not necessary
- Alignment with Sola's core values
- Strong project and budget management skills are essential
- Financially qualified: Minimum net worth/liquidity $1,500,000/$500,000
In short, if you're financially qualified, share our values, and have a knack for managing projects and budgets, Sola Salons could be your ticket to amplifying your portfolio with a thriving franchise.
