Sola Salon Studios

The Sola Salon Studios franchise was founded in 2004 by Stratton Smith and Matt Briger in order to form a community of independent beauty professionals who can create their dream career. From the beginning, the franchise has set out to allow beauty professionals to have control of their business, from their schedule,  environment, pricing, and so much more. The brand awarded its first franchise in 2005, and since then it has grown to over 570 locations with over 17,000 beauty professionals. The brand is expanding in the U.S. and Canada, with 50 more locations in development. If you are a beauty professional looking for a franchise opportunity that gives you a flexible schedule and a real estate model that requires low staff and drives occupancy, then the Sola Salon Studios franchise could be for you. 

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Sola Salon Studios

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Sola Salon Studios Franchise Cost and Requirements for 2022

Background

When you invest in the beauty industry, you are investing in a booming industry that is worth $64 billion dollars. Not only are you investing in a booming industry, but you have the chance to become your own boss and have a flexible work schedule as an independent beauty professional. This is where the Sola Salon Studios franchise comes in. Founded in 2004 by Stratton Smith and Matt Briger, they strived to provide independent beauty professionals with a community that allows them to build the career of their dreams. As a franchise owner with them, you can expect to have control of your business, from your schedule, environment, pricing, and so much more. The brand awarded its first franchise in 2005, and since then it has grown to over 570 locations with over 17,000 beauty professionals. The brand is expanding in the U.S. and Canada, with 50 more locations in development. Real estate rental is an important aspect of the business, in addition to exceptional beauty care. Its real estate rental model requires minimal staff, drives occupancy and leads to high customer retention rates. An ideal franchise owner doesn't even have to be a beauty professional or have prior franchise ownership experience in order to succeed in running the franchise. The franchise also provides its franchise owners with some of the best support and training in the business. From site selection and marketing to on-going education and training, the franchise will give you all the tools and information you need to run the business as best as you can.  

Company Details

Founded: 2004
Franchising since: 2005
Headquarters: Lakewood, Colorado 
Canada: Yes
International: Yes (Brazil)

Support and Training Offered By Sola Salon Studios

In terms of support and training, the franchisee can expect assistance with site selection and market analysis, provide you with marketing materials to help attract customers, and provide on-going education and training. You will also be part of a community of franchise owners with first hand experience in the industry and can help you when you need it. 

2022 Franchise Requirements Needed to Own a Sola Salon Studios Franchise.

What does a Sola Salon Studios Franchise Cost?

Sola Salon Studios franchise fees for 2022:

Net worth minimum $1.5M
Total Investment: $532,282 - $1,715,682
Financing Options: Yes
Liquid assets minimum $500K
Royalty Fee 5.5%
Initial Franchise Fee $55,000

Is Sola Salon Studios a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Sola Salon Studios is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Sola Salon Studios a Home Based franchise?

No. Sola Salon Studios is not a home based franchise opportunity.

What Do Sola Salon Studios Franchise Owners Make?

Click here to find out how much Sola Salon Studios franchisees make. Sola Salon Studios offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Sola Salon Studios Looking for Franchisees in Canada?

Yes. Sola Salon Studios franchise is looking for Canada franchisees.

Is Sola Salon Studios Looking for International franchisees?

Yes. Sola Salon Studios franchise is looking for International franchisees.

Additional Information

Additional Categories

Hair Care & Beauty Salons, Retail, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

Sola Salon Studios Franchises for Sale

Click Here to inquire about existing Sola Salon Studios franchises for sale. We may have Sola Salon Studios franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.