What Are Operating Procedures of Sola Salon Studios Franchise
Ever wondered how a Sola Salon Studios franchise works for aspiring salon professionals and investors? Discover a unique model where stylists own their space, and learn how this can translate into a lucrative business opportunity for you. Explore the investment details and operational framework that makes this franchise stand out, and consider leveraging our expertly crafted Sola Salon Studios Franchise Business Plan Template to map out your success.

| # | Operating Procedure | Description |
|---|---|---|
| 1 | Franchisee Application and Due Diligence | The process begins with an online application, followed by financial validation and multiple calls with existing franchisees. This thorough vetting ensures alignment with Sola's business model and candidate suitability. |
| 2 | Site Selection and Development | Franchisees are guided through identifying and securing suitable real estate locations that meet Sola's demographic and accessibility criteria. This involves lease negotiations and overseeing the build-out of individual salon suites. |
| 3 | Tenant Acquisition and Management | The franchisee is responsible for marketing and leasing the individual salon suites to licensed beauty professionals. This includes managing lease agreements, collecting rent, and fostering a supportive community for their tenants. |
| 4 | Property Maintenance and Operations | Key responsibilities include maintaining the physical property, ensuring common areas are clean and well-kept, and managing utilities and repairs. This ensures a high-quality, attractive environment for stylists and their clients. |
| 5 | Financial Reporting and Compliance | Franchisees must adhere to reporting requirements, including paying royalty and marketing fees to the franchisor. This ensures consistent brand standards and ongoing support. |
Initiating The Sola Salon Franchise Process
The Sola Salon franchise process is a structured, multi-stage journey designed to ensure a strong partnership between the franchisor and franchisee. It commences with an initial expression of interest and the submission of a franchise application, which serves as the foundational step in assessing a candidate's viability and alignment with Sola's brand values.
Following the initial application, candidates engage in a series of introductory calls and a comprehensive review of the Franchise Disclosure Document (FDD). This critical phase includes rigorous financial validation to confirm that prospective franchisees meet the established net worth and liquidity requirements, ensuring they possess the financial capacity to invest in and operate a Sola Salon Studios unit.
What is the Sola Salon franchise process?
It is a multi-step journey beginning with an initial inquiry and completing the franchise application. This is followed by introductory calls, a review of the Franchise Disclosure Document (FDD), and financial validation to ensure candidates meet the net worth and liquidity requirements.
The process continues with multiple validation calls with existing franchisees, a market and territory analysis, and culminates in a 'Discovery Day' at Sola's headquarters. If mutual approval is granted, the final step is signing the franchise agreement and paying the initial Sola Salon Studios franchise fees. The entire process typically takes 60 to 120 days as of 2025.
What is the Sola Salon Studios franchise application process?
The Sola Salon Studios franchise application process starts with submitting a confidential online form that gathers basic information about the candidate's financial status, business experience, and desired territory. This initial screening determines if the candidate meets the baseline Sola Salon franchise requirements.
After the initial application, qualified candidates engage with a franchise development director who guides them through submitting more detailed financial documentation, such as personal financial statements and proof of liquid assets. This stage is critical for verifying the required $300,000 - $500,000 in net worth and the necessary cash requirement before moving forward.
Becoming A Sola Salon Franchisee
To successfully become a Sola Salon franchisee, candidates must first demonstrate they meet the stringent financial prerequisites, including a net worth requirement of $300,000 - $500,000 and sufficient cash reserves. While prior experience in the beauty industry is not mandatory, a background in business management or commercial real estate is highly advantageous.
The pathway to becoming a Sola Salon franchisee involves meticulously navigating the comprehensive franchise process, which includes application submission, thorough FDD review, and participation in Discovery Day, leading to final approval and the signing of the franchise agreement. A crucial element of this journey is conducting extensive due diligence, which importantly includes engaging with at least 5-10 existing Sola Salon Studio owners to gain firsthand insights into the ownership experience.
How to become a Sola Salon franchisee?
To become a Sola Salon franchisee, you must first ensure you meet the stringent financial requirements: a minimum net worth of $300,000 - $500,000 and the required cash investment. Possessing business management or real estate experience is highly preferred.
The path involves successfully navigating the multi-stage Sola Salon franchise process, from application and FDD review to Discovery Day and final approval. A key part of this journey is conducting thorough due diligence, which includes speaking with existing owners to understand the Sola Salon Studio ownership experience firsthand.
Who is the ideal candidate for a Sola Salon franchise?
The ideal candidate for a franchise with Sola Salon is a well-capitalized investor with strong business acumen, often with experience in management, marketing, or commercial real estate. They are not required to have a background in the beauty industry.
Sola Salon seeks franchisees who are looking for a semi-absentee business model and are skilled at building relationships and managing a community of small business owners (their tenants). Data from 2024 shows that a significant portion of new franchisees are multi-unit operators, indicating the system is attractive to those focused on scaling their investment portfolio.
Key Takeaways
- The Sola Salon Studios business model is a real estate rental concept where franchisees lease commercial space, build out individual salon studios, and sublease them to beauty professionals, operating as commercial landlords.
- Revenue is primarily generated from weekly studio rental fees, with secondary streams from commissions on Sola-endorsed products.
- Sola Salon Studios is considered a strong franchise investment for those seeking a semi-absentee business with a scalable, recurring revenue model, supported by high tenant retention and demand from independent beauty professionals.
- The total initial investment for a Sola Salon Studios franchise ranges from $924,021 to $1,957,824, with an initial franchise fee of $55,000, and requires a net worth of $300,000 - $500,000 and cash of $924,021 - $1,957,824.
- Franchisees pay ongoing weekly fees including a Royalty Fee of 5.5% of Gross Revenues and a Marketing Fee of 1.50% of Gross Revenues.
- The franchise agreement has an initial term of 10 years with an option for a further 10-year renewal.
- The franchise process involves an initial inquiry, application, FDD review, financial validation, franchisee validation calls, and a Discovery Day, typically taking 60-120 days.
What Is The Sola Salon Studios Business Model?
The Sola Salon Studios business model operates on a commercial real estate rental concept. Franchisees secure a substantial retail space, then develop it into multiple individual, ready-to-use salon studios. These studios are subsequently leased to independent beauty professionals, including hairstylists, estheticians, and nail technicians. This landlord-tenant structure generates a consistent revenue stream with minimal day-to-day operational involvement for the franchisee. As of June 2025, this model has demonstrated remarkable resilience, maintaining system-wide occupancy rates that have consistently exceeded 95% since late 2024.
In essence, franchisees function as commercial landlords. Their role involves managing the property and supporting their tenants, who are the beauty professionals. Crucially, franchisees are not directly involved in providing salon services themselves. The primary source of income is derived from weekly studio rental fees. As of the second quarter of 2025, these weekly rental fees range from $300 to $600 per studio, varying based on the specific Sola Salon Studios franchise locations and the size of the studio. This operational framework significantly reduces staffing requirements, typically necessitating only one part-time or full-time salon manager for a location housing 25 to 40 studios.
Key Aspects of the Sola Salon Studios Franchise Model
- Franchisee Role: Commercial landlord, property manager, and tenant support provider.
- Revenue Stream: Primarily recurring weekly studio rental fees.
- Operational Involvement: Minimal, focused on property management and tenant relations rather than service delivery.
- Staffing Needs: Low, typically requiring one manager for a facility with multiple studios.
When considering a Sola Salon Studios franchise opportunity, understanding this core business model is paramount. It highlights a lower operational intensity compared to traditional service-based franchises. The financial projections from the Franchise Disclosure Document indicate an average annual revenue per unit of $435,678, with a median of $419,770. This business structure allows franchisees to focus on strategic growth and financial performance management, rather than the daily intricacies of service operations.
For those exploring franchise options, understanding the financial commitments is crucial. The initial investment for a Sola Salon Studios franchise can range from $924,021 to $1,957,824, with a franchise fee of $55,000. The net worth requirement typically falls between $300,000 and $500,000. The breakeven time is projected at 12 months, with an investment payback anticipated within 24 months. This financial profile suggests a robust model for investors looking for established revenue streams and a clear path to profitability. It's worth noting that the total number of franchised units grew from 512 in 2021 to 585 in 2023, indicating consistent market expansion.
How Does Sola Salon Generate Revenue?
The primary revenue stream for a Sola Salon Studios franchise is straightforward: rent collected from beauty professionals who lease individual studio spaces. Franchisees typically manage around 30 studios per location, and this consistent, recurring income forms the bedrock of the business model. In fact, a June 2025 analysis indicated that over 98% of a franchisee's gross revenue comes directly from these rental payments.
Beyond rent, there are smaller, supplementary revenue sources. These include potential commissions from Sola-endorsed products and services offered to tenants. Think of things like booking software or professional liability insurance. These secondary streams can contribute up to 2% of the total revenue. The overall sola salon franchise earnings potential is closely linked to maintaining high occupancy rates. For instance, top-performing locations in 2025 consistently reported occupancy levels between 98% and 100% for more than 12 consecutive months.
Maximizing Studio Rental Income
- Focus on attracting and retaining high-quality tenants to ensure consistent occupancy.
- Understand the local market demand for salon studios to set competitive rental rates.
- Offer amenities and a professional environment that appeals to beauty professionals seeking independence.
When considering an investment, understanding these revenue drivers is crucial for evaluating the sola salon franchise opportunity. The financial performance, as seen in the average annual revenue per unit of $435,678, is heavily dependent on the ability to fill and keep those studios occupied. This model offers a predictable income flow, which is a significant draw for many investors looking into a franchise with Sola Salon.
For those interested in the financial aspects, the average EBITDA for a Sola Salon Studios franchise stands at approximately $158,536.50, representing about 32.5% of revenue. This profitability is achieved with a cost of goods sold (COGS) of 0%, highlighting the service-based nature of the business. To delve deeper into the financial viability and understand the full picture, it's important to review details like the What are the Pros and Cons of Owning a Sola Salon Studios Franchise? which provides a comprehensive overview of the investment.
Is Sola Salon Studios A Good Franchise Investment?
When considering a sola salon studios franchise, it's natural to ask if it represents a sound investment. For those seeking a semi-absentee business opportunity with a scalable, recurring revenue model, the answer is generally yes, especially as of June 2025. This model has shown resilience, even during economic downturns, and boasts a tenant retention rate that consistently exceeds 90% annually, according to late 2024 data. This speaks volumes about the stability and demand for the sola salon studios business model.
The financial viability is further supported by the average franchisee Gross Revenue for a mature location (open 24+ months) reaching an impressive $785,913, as detailed in the 2024 Franchise Disclosure Document (FDD). This figure highlights the significant earning potential associated with owning a sola salon franchise opportunity.
The core appeal of investing in a sola salon franchise lies in its low labor requirements and the substantial demand from beauty professionals eager for autonomy. The number of independent beauty professionals in the U.S. has seen an estimated year-over-year growth of 8% between 2023 and 2025. This trend directly fuels the need for individual studio spaces, making sola salon studio ownership a compelling proposition. By investing, you acquire a tangible real estate asset coupled with a well-established operational system, making it an attractive franchise with sola salon.
Key Considerations for Sola Salon Studios Franchise Investment
- Financial Performance: With average annual revenues around $487,837 and an EBITDA margin of 32.5%, the financial health of a typical unit is strong. The breakeven time is often around 12 months, with investment payback typically within 24 months.
- Operational Simplicity: The model requires minimal staffing, with labor expenses averaging a mere $887.09 annually, according to average P&L data. This contributes to the semi-absentee nature of the business.
- Market Demand: The growing number of independent beauty professionals ensures a consistent demand for studio rentals, leading to high occupancy rates and tenant retention.
- Investment Range: The initial investment for a sola salon franchise cost can range from $924,021 to $1,957,824, with a required cash investment of the same amount. The minimum net worth required is between $300,000 and $500,000.
For those looking to understand the full process, detailed steps are available on How to Start a Sola Salon Studios Franchise in 7 Steps: Checklist. Understanding the sola salon franchise requirements and the associated sola salon studios franchise fees, which include an initial franchise fee of $55,000, a royalty fee of 5.5%, and a marketing fee of 1.50%, is crucial for a thorough evaluation of the sola salon franchise cost.
Understanding The Sola Salon Franchise Cost
How much does a Sola Salon franchise cost?
Investing in a Sola Salon Studios franchise is a significant financial undertaking. The total initial investment required to open a new location in 2025 can range from $924,021 to $1,957,824. This broad spectrum is largely influenced by the specific real estate chosen, the size of the leased space, which typically falls between 5,000 and 7,000 square feet, and the extent of construction and build-out needed to create the individual salon studios.
The initial franchise fee for a Sola Salon Studios franchise is a set amount of $55,000. This fee is incorporated within the overall estimated investment. Beyond the upfront capital, prospective franchisees must also meet stringent financial requirements. The Sola Salon franchise requirements stipulate a minimum net worth of $300,000 to $500,000, with a substantial portion of that, $924,021 to $1,957,824, needing to be in liquid capital available to cover startup costs and initial operating expenses.
What are the startup costs for a Sola Salon franchise?
The largest component of the startup costs for a franchise with Sola Salon is consistently the construction and leasehold improvements. These expenses typically account for 60% to 70% of the total initial investment. Based on the 2025 Franchise Disclosure Document (FDD), this can translate to an average outlay of $500,000 to $1,500,000. This significant portion is dedicated to building out approximately 25 to 40 individual, high-end salon studios within the leased commercial space, ensuring a premium environment for salon professionals.
Other critical startup costs that new franchisees must budget for include the aforementioned initial franchise fee of $55,000. Additionally, architectural fees can range up to $55,000, while the investment in furniture, fixtures, and equipment for the studios can reach up to $115,000. It's also prudent to allocate a reserve for operating capital, with three months of operating expenses potentially requiring up to $100,000. These figures, drawn directly from the 2025 FDD, provide a clear financial picture for those considering this franchise opportunity.
Key Financial Benchmarks for Sola Salon Studios Franchisees
- Initial Investment Range: $924,021 - $1,957,824
- Initial Franchise Fee: $55,000
- Royalty Fee: 5.5% of gross revenue
- Marketing Fee: 1.50% of gross revenue
- Estimated Breakeven Time: 12 Months
- Estimated Investment Payback: 24 Months
Understanding the ongoing financial commitments is crucial. Franchisees pay a royalty fee of 5.5% of their gross revenue to the franchisor, alongside a marketing fee of 1.50%. These fees contribute to the brand's national marketing efforts and ongoing support systems. The average annual revenue per unit, according to recent data, stands at approximately $487,837.18, with operating expenses representing about 67.5% of that revenue, leading to an EBITDA margin of 32.5%.
| Financial Metric | Average Amount ($) |
| Average Annual Revenue | 487,837.18 |
| Operating Expenses (as % of Revenue) | 67.5% |
| EBITDA Margin | 32.5% |
For those considering the Sola Salon franchise opportunity, it's important to evaluate the overall financial health and growth of the brand. As of 2023, the franchise had expanded to 585 franchised units, in addition to 61 corporate-owned units, showing a consistent growth trajectory. This expansion indicates a strong market presence and a proven business model. Prospective franchisees can explore the pros and cons of investing in this model by reviewing What are the Pros and Cons of Owning a Sola Salon Studios Franchise?
Exploring The Sola Salon Studios Franchise Opportunity
What are the Sola Salon Studios franchise benefits?
- Key Sola Salon Studios franchise benefits include a semi-absentee ownership model, allowing franchisees to maintain other careers, and a predictable, recurring revenue stream from tenant rents. Franchisees benefit from a low-employee business, typically requiring only one manager, which significantly reduces payroll and HR complexities compared to traditional service franchises.
- Sola provides comprehensive support, including site selection assistance, construction management, proprietary technology like the Sola Pro app for tenants, and national marketing campaigns. The Sola Salon franchise opportunity leverages a powerful brand with over 750 locations open by June 2025, providing strong brand recognition that helps attract and retain beauty professionals.
What is a Sola Salon Studio ownership experience like?
- The Sola Salon Studios franchise owner experience is primarily that of a property manager and business mentor, not a salon operator. An owner's time is spent on marketing to attract new beauty professionals, managing leases, supporting current tenants to ensure their success, and overseeing the facility's maintenance and finances.
- Based on franchisee surveys from late 2024, an owner of a single, stable unit might spend 5-10 hours per week on the business. The experience is focused on building a community of independent entrepreneurs within their location, a factor that contributes to the brand's high 90%+ tenant retention rate.
Investing in a Sola Salon Studios franchise offers a unique business model within the beauty industry. Unlike traditional salon ownership, this franchise operates on a property management and leasing structure. This means franchisees are essentially landlords to independent beauty professionals, providing them with private studios to run their own businesses.
The appeal of this model for many entrepreneurs is its potential for semi-absentee ownership. With an initial investment ranging from $924,021 to $1,957,824, a significant capital outlay is required. However, the operational structure typically necessitates only one manager, freeing up the franchisee's time. This structure contrasts sharply with businesses that require extensive staff management, making it an attractive option for those looking to diversify their investment portfolio or maintain other professional commitments.
The revenue generation for a Sola Salon franchise opportunity is primarily derived from monthly rents paid by the studio renters. This creates a predictable, recurring revenue stream. For instance, the average annual revenue per unit was reported at $435,678 in the latest Franchise Disclosure Document data, with a median of $419,770. This consistent income, coupled with a high tenant retention rate of over 90%, underscores the stability of the business model.
When considering how to become a Sola Salon franchisee, understanding the operational focus is key. Franchisees are tasked with site selection, lease negotiations, construction oversight, and ongoing property management. They also play a crucial role in marketing to attract beauty professionals to their studios and fostering a supportive community. The brand's growth is substantial, with 585 franchised units by the end of 2023, indicating a strong market presence and proven concept.
For those exploring Sola Salon franchise earnings potential, the average EBITDA is reported at $158,536.50, representing 32.5% of revenue. This financial performance is supported by a robust operational framework and a well-established brand. The initial franchise fee is $55,000, with ongoing royalty fees at 5.5% and a marketing fee of 1.50%.
The Sola Salon Studios business model is designed for scalability, allowing franchisees to potentially own multiple units. The breakeven time is often cited as around 12 months, with investment payback within 24 months, suggesting a relatively quick return on investment for successful locations. This makes investing in a Sola Salon franchise a compelling proposition for individuals seeking a stable, scalable business in the thriving beauty sector.
If you're interested in learning more about the financial aspects and potential earnings, you can explore How Much Does a Sola Salon Studios Franchise Owner Make?
Key Considerations for Aspiring Franchisees
- Understand the Semi-Absentee Model: While it offers flexibility, it still requires active management and strategic oversight to ensure tenant satisfaction and facility upkeep.
- Financial Preparedness: Ensure you meet the net worth requirement of $300,000 - $500,000 and have access to the required cash, which ranges from $924,021 to $1,957,824.
- Market Research: Even with a strong brand, understanding local market demand for salon studios is crucial for success.
| Initial Investment Range | Franchise Fee | Royalty Fee |
| $924,021 - $1,957,824 | $55,000 | 5.5% |
| Average Annual Revenue per Unit | Median Annual Revenue per Unit | EBITDA Margin |
| $435,678 | $419,770 | 32.5% |
Detailing The Sola Salon Franchise Agreement
What are the ongoing fees in the Sola Salon franchise agreement?
Understanding the ongoing financial commitments is crucial when considering a Sola Salon Studios franchise opportunity. Franchisees are typically subject to several recurring fees designed to support the brand and its operations.
- As per the latest available data, franchisees pay a weekly Royalty Fee, set at 5% of the location's Gross Revenues. This revenue primarily stems from the studio rents collected from beauty professionals.
- Additionally, there's a weekly Brand Fund Contribution of 1% of Gross Revenues. This contribution fuels national and regional marketing efforts, technology advancements like the Sola Pro app, and other brand-building initiatives that ultimately benefit all Sola Salon Studios franchise locations.
What is the term of the franchise agreement?
The franchise agreement provides a solid foundation for long-term business ownership. The structure is designed to allow franchisees ample time to establish and grow their investment.
- The initial term for a Sola Salon Studios franchise agreement is 10 years. This extended period allows franchisees to focus on building their business and realizing a return on their investment, which can range from $924,021 to $1,957,824 for initial startup costs.
- Franchisees in good standing have the option to renew their agreement for an additional 10-year term. The renewal fee is typically 25% of the then-current initial franchise fee, a common practice in the franchise industry.
Key Considerations for the Franchise Agreement
- Review the FDD Thoroughly: Always dive deep into the Franchise Disclosure Document (FDD). It contains critical details about fees, obligations, and franchisee rights. For instance, understanding the difference between the royalty fee and the brand fund contribution is vital for financial planning.
- Understand Renewal Terms: The option to renew for another 10 years is significant. Clarify any conditions or potential changes to fees or obligations associated with the renewal process.
- Seek Legal Counsel: Before signing, it’s highly recommended to have a franchise attorney review the agreement. They can help interpret complex clauses and ensure you fully understand your commitments as a Sola Salon franchisee.
| Fee Type | Percentage of Gross Revenues |
| Royalty Fee | 5% |
| Brand Fund Contribution | 1% |
These ongoing fees are essential for maintaining brand standards and supporting the network. For example, the average annual revenue per unit was reported at $435,678 in the latest data, which helps illustrate the potential revenue base from which these fees are calculated.
Initiating The Sola Salon Franchise Process
Embarking on the journey to become a Sola Salon Studios franchisee involves a structured, multi-step process designed to ensure a mutual fit between the candidate and the brand. This process is meticulously crafted to guide aspiring owners from initial interest through to signing the franchise agreement.
What is the Sola Salon franchise process?
- The Sola Salon franchise process kicks off with an initial inquiry, leading to the submission of a franchise application. Following this, introductory calls are scheduled. Candidates then receive and review the Franchise Disclosure Document (FDD), which provides crucial details about the franchise system. Financial validation is a key step, confirming that candidates meet the required net worth and liquidity benchmarks.
- The process continues with validation calls, allowing prospective franchisees to speak directly with existing Sola Salon owners. A thorough market and territory analysis is conducted to identify suitable locations. The journey culminates in a 'Discovery Day' at Sola's headquarters, offering an in-depth look at operations and culture. If both parties agree to move forward, the final stages involve signing the franchise agreement and paying the initial Sola Salon Studios franchise fees. As of 2025, this entire process typically spans 60 to 120 days.
What is the Sola Salon Studios franchise application process?
- The Sola Salon Studios franchise application process begins with completing a confidential online form. This form collects essential information about your financial standing, business background, and preferred territory. It serves as the initial screening to determine if you meet the baseline Sola Salon franchise requirements.
- Once your initial application is reviewed, qualified candidates will connect with a franchise development director. This director will guide you through submitting more detailed financial documentation, such as personal financial statements and proof of liquid assets. This stage is critical for verifying the required net worth and liquidity. While the FDD may list a range, for example, a net worth requirement of $300,000 to $500,000 and liquid assets of $150,000, it's essential to have your finances in order.
Understanding the financial commitment is paramount. The initial investment for a Sola Salon Studios franchise can range from $924,021 to $1,957,824. This investment includes the initial franchise fee of $55,000. For those looking to understand the earning potential, exploring resources like How Much Does a Sola Salon Studios Franchise Owner Make? can provide valuable insights.
Tips for a Smooth Application Process
- Be Prepared with Financials: Have your personal financial statements and proof of liquid assets readily available. This will expedite the financial validation stage.
- Research Thoroughly: Familiarize yourself with the Franchise Disclosure Document (FDD) and have specific questions prepared for your calls with existing franchisees and the development team.
- Understand the Model: Gain a clear understanding of the Sola Salon Studios business model and how it aligns with your investment goals and operational capabilities.
| Key Financial Benchmarks | Details |
| Initial Investment Range | $924,021 - $1,957,824 |
| Initial Franchise Fee | $55,000 |
| Required Net Worth | $300,000 - $500,000 |
| Required Liquidity | $150,000+ |
| Performance Indicators (Average) | Amount ($) |
| Average Annual Revenue per Unit | $487,837.18 |
| EBITDA | $158,536.50 |
| Royalty Fee | 5.5% of revenue |
| Marketing Fee | 1.50% of revenue |
Becoming A Sola Salon Franchisee
How to become a Sola Salon franchisee?
To embark on the journey of becoming a franchisee with this salon studio concept, you'll need to meet specific financial benchmarks. As of June 2025, the requirements include a minimum net worth of $15 million and liquid capital of at least $500,000. While experience in business management or real estate is a significant advantage, it's not always a strict prerequisite.
The franchise acquisition process is structured and involves several key stages. This includes submitting an application, thoroughly reviewing the Franchise Disclosure Document (FDD), attending a Discovery Day, and ultimately securing final approval. A critical step in your due diligence is to connect with at least 5 to 10 current owners. Hearing their firsthand experiences with Sola Salon Studio ownership will provide invaluable insights.
For a comprehensive guide on initiating this venture, refer to How to Start a Sola Salon Studios Franchise in 7 Steps: Checklist.
Who is the ideal candidate for a Sola Salon franchise?
The ideal candidate for a franchise with Sola Salon is typically a well-capitalized individual with strong business acumen. Experience in areas like management, marketing, or commercial real estate is highly valued, though a background in the beauty industry is not mandatory. The system is designed to attract investors who understand the importance of property and relationship management.
This opportunity often appeals to those seeking a semi-absentee business model. Franchisees are expected to excel at building relationships and effectively managing a community of independent beauty professionals who lease space within the studios. In 2024, a notable trend showed that over 60% of new franchisees were multi-unit operators, indicating the attractiveness of the Sola Salon Studios franchise for investors focused on portfolio expansion.
Key Considerations for Aspiring Franchisees
- Financial Preparedness: Ensure you meet the net worth and liquid capital requirements. The total initial investment can range from $924,021 to $1,957,824.
- Due Diligence: Actively engage with existing franchisees to gain a realistic perspective on operations and profitability.
- Business Acumen: While beauty industry experience isn't required, a solid foundation in business management, marketing, and real estate is crucial for success.
| Minimum Net Worth Required: | $15 Million (as of June 2025) |
| Minimum Liquid Capital Required: | $500,000 (as of June 2025) |
| Initial Franchise Fee: | $55,000 |
Understanding the Sola Salon Franchise Opportunity
The Sola Salon Studios franchise opportunity presents a unique model within the beauty sector. It focuses on providing upscale, private studio spaces for individual beauty professionals, such as stylists, colorists, and estheticians. This approach differentiates it from traditional salon setups.
The Sola Salon Studios business model emphasizes real estate ownership and management, rather than direct service provision. Franchisees are responsible for acquiring and developing locations, leasing individual studios to beauty professionals, and managing the property. This semi-absentee model allows for scalability and can be attractive to investors seeking to build a portfolio of assets.
The system has seen consistent growth, with franchised units increasing from 512 in 2021 to 585 in 2023. Concurrently, corporate-owned units also grew from 30 to 61 in the same period, indicating a robust expansion strategy.
| Financial Metric | Average Amount ($) | Percentage of Revenue (%) |
|---|---|---|
| Average Annual Revenue per Unit | $487,837.18 | 100% |
| EBITDA | $158,536.50 | 32.5% |
The Sola Salon franchise cost is a significant consideration. The initial investment, which includes the franchise fee, site development, and working capital, typically falls between $924,021 and $1,957,824. The franchise fee itself is $55,000, with ongoing royalty fees at 5.5% and a 1.50% marketing fee.
For those evaluating the financial viability, the data suggests a strong potential for return. The average breakeven time is around 12 months, with investment payback typically achieved within 24 months. This financial profile makes investing in a Sola Salon franchise an attractive proposition for many.
What are the startup costs for a Sola Salon franchise?
The startup costs for a Sola Salon franchise are substantial, reflecting the investment in commercial real estate and build-out. The low initial investment estimate is $924,021, while the high end reaches $1,957,824. These figures encompass all necessary expenses to open a studio location.
Key components of these startup costs include the initial franchise fee of $55,000, securing a suitable leasehold, extensive interior build-out to create individual salon studios, furniture, fixtures, equipment, and initial operating capital. The required cash on hand to initiate the venture ranges from $924,021 to $1,957,824.
| Total Units (2023): | 646 |
| Franchised Units (2023): | 585 |
| Corporate Units (2023): | 61 |
Understanding the Sola Salon franchise agreement details is paramount. This includes the terms of the lease, operational standards, and the franchisee's role in maintaining the property and supporting studio renters. The royalty fee is 5.5% of gross revenue, and a 1.50% marketing fee is also applied.
When considering how much does a Sola Salon franchise cost, it's essential to factor in all these elements. The financial commitment requires careful planning and a robust financial strategy to ensure long-term success and profitability. The Sola Salon franchise earnings potential is supported by average annual revenues per unit reaching approximately $435,678, with a median of $419,770.
Financial Benchmarks for Sola Salon Studios
- Average Annual Revenue: $487,837.18
- EBITDA Margin: 32.5%
- Estimated Breakeven: 12 Months
- Estimated Investment Payback: 24 Months
What is the Sola Salon franchise process?
The Sola Salon franchise process is a structured approach designed to identify and onboard qualified franchisees. It begins with an initial inquiry and application, followed by a thorough review of the Franchise Disclosure Document (FDD). This document provides critical information about the franchisor, the franchise system, and the financial obligations involved.
A significant milestone in the Sola Salon franchise application process is the Discovery Day. This is an opportunity for prospective franchisees to meet the franchisor's leadership team, gain a deeper understanding of the operations, and ask detailed questions. It’s a crucial step for both parties to assess compatibility.
The Sola Salon franchise requirements are stringent, emphasizing financial capacity and business acumen. The franchisor seeks candidates who can manage real estate investments and foster a positive environment for beauty professionals. As the system grows, with 585 franchised units in 2023, the demand for qualified franchisees remains high.
| Franchise Fee: | $55,000 |
| Royalty Fee: | 5.5% |
| Marketing Fee: | 1.50% |
The Sola Salon studio ownership experience is often described as a business management role rather than hands-on salon operation. This semi-absentee model allows franchisees to focus on strategic growth and property management. The Sola Salon Studios franchise benefits include a proven business model, established brand recognition, and a supportive system.
Evaluating is Sola Salon Studios a good franchise investment involves scrutinizing the financial data, understanding the market demand for salon studios, and assessing your personal suitability for the business model. The system's consistent growth and profitability metrics suggest a strong potential for those who meet the criteria.