Suite Management Franchising

24 10, 2022

MY SALON Suite raises more than $123,000 in one month to benefit St. Jude Children’s Research Hospital®

2022-10-24T10:27:53-04:00October 24th, 2022|Tags: , , , |

Over half a million dollars raised and donated in the past five years.

CARROLLTON, TexasMY SALON Suite has raised $123,744 in benefit of St. Jude Children’s Research Hospital® through the brand’s Suite Relief Fund™, an annual fundraiser held throughout September in honor of Childhood Cancer Awareness Month.

The salon suite franchise surpassed its initial goal of raising $120,000 through generous donations from clients, members, franchise partners, vendors and the Suite Management Franchising team. Continued support through donations helps St. Jude provide treatment, travel, housing, and food to the more than 400,000 kids with cancer around the world each year, at no charge to their families.

“At MY SALON Suite, we believe in the beauty of giving back, and I am extraordinarily proud of our community for raising over $120,000 for St. Jude for the second year in a row,” said Stacy Eley, president of Suite Management Franchising. “Year after year, we continue to surpass our fundraising goals to help St. Jude carry out their life-saving mission. As MY SALON Suite continues to grow and expand our efforts, we look forward to continuing to make a difference.”

Suite Management Franchising, the parent company of MY SALON Suite and Salon Plaza, launched the Suite Relief Fund™ in 2017 and began its partnership with St. Jude the following year. Over the last five years, more than half a million dollars has been raised and donated for St. Jude through the Suite Relief Fund. Additionally the Suite Relief raises funds for other causes, including aiding MY SALON Suite Members  affected by natural disasters through the Professional Beauty Association’s Disaster Relief Fund. Aid has been disbursed to MY SALON Suite Members affected by Hurricane Harvey, Hurricane Ida, Hurricane Ian, recent St. Louis flooding and other natural disasters.

Over $30,000 from the Suite Relief Fund has recently gone towards aiding Fort Myers, Florida Members in the wake of Hurricane Ian. During MY SALON Suite’s annual convention, an additional $1,300 was raised for Suite Relief through a raffle, with roughly half of the prize money going towards providing a Fort Myers-based franchisee with gas and grocery gift cards to give to his Members who are struggling after Hurricane Ian.

MY SALON Suite is a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business. They decorate their suite, use their own branding, set their hours, prices, and manage their own client lists and business. In addition, the MY SALON Suite franchise owners serve as landlords who recruit and rent space to health and beauty professionals.

In June 2021, Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza, was acquired by Propelled Brands. Propelled Brands is using its unparalleled resources, support, and training to accelerate growth and expand Suite Management Franchising’s footprint across the country.

For more information about the MY SALON Suite franchise, visit https://www.mysalonsuite.com, or contact .

About Suite Management Franchising

Suite Management Franchising, the parent company of MY SALON Suite and Salon Plaza, is a salon suite franchise created for entrepreneurial-spirited individuals interested in diversifying their portfolio while living a semi-absentee lifestyle. Founded to inspire and empower the modern-day salon owner, the company offers a unique opportunity for a diverse range of beauty and health professionals to run their businesses successfully. Salon members are provided ongoing training, support, and a strong referral network to help their business generate a six-figure income. Featured in Entrepreneur magazine’s “Top New Franchise” list, the brand is widely recognized for its rapid expansion and noteworthy success. A strategic alliance partnership with Propelled Brands, the nation’s largest family-owned collection of salons, continues to propel the brand’s growth. With 225 locations in 35 states across the United States and Canada, the franchise concept plans to add 200 franchise partners and 500 salons in the next three years.

For more information about Suite Management Franchising, visit mysalonsuite.com/franchise. To learn more about MY SALON Suite and Salon Plaza, visit mysalonsuite.com and salonplaza.com.

26 08, 2022

MY SALON Suite Announces Goal to Raise $120,000 for St. Jude Children’s Research Hospital®

2022-08-26T17:57:08-04:00August 26th, 2022|Tags: , , , |

CARROLLTON, Texas — MY SALON Suite, a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business and the beauty industry’s future, will be hosting its annual “Suite Relief” Fundraiser throughout September, with a goal to raise $120,000 in benefit of St. Jude Children’s Research Hospital® during Childhood Cancer Awareness Month.

“Last year, we far surpassed our goals and were able to raise over $120,000 for St. Jude with the help of generous donations from clients, Members, franchise partners, vendors and the Suite Management Franchising team, and we hope to achieve that once again this year,” said Stacy Eley, president of Suite Management Franchising. “Our annual fundraiser gives the MY SALON Suite community a way to give back and support a life-saving organization. The growth of the Suite Relief Fund™ over the years is a testament to our organization’s commitment to service, and I’m proud to be a part of a community that supports such a worthy cause.”

Suite Management Franchising, the parent company of MY SALON Suite and Salon Plaza, started its partnership with St. Jude in 2018 with the launch of the Suite Relief Fund™. Since the partnership’s inception, the Suite Relief Fund has raised over $250,000 for St. Jude Children’s Research Hospital. Continued support helps St. Jude provide treatment, travel, housing, and food to the more than 400,000 kids with cancer around the world each year, at no charge to their families.

Last year’s fundraiser brought in $120,000 for St. Jude, exceeding the initial goal of raising $35,000 and totaling more than what had been raised in the three previous years combined. MY SALON Suite hopes to match or exceed the amount raised in 2021, with each location setting individual pledges for fundraising and some locations participating in St. Jude’s Walk/Run events.

To donate to the Suite Relief Fund benefiting St. Jude Children’s Research Hospital, visit https://fundraising.stjude.org/.

About Suite Management Franchising
Suite Management Franchising, the parent company of MY SALON Suite and Salon Plaza, is a salon suite franchise created for entrepreneurial-spirited individuals interested in diversifying their portfolio while living a semi-absentee lifestyle. Founded to inspire and empower the modern-day salon owner, the company offers a unique opportunity for a diverse range of beauty and health professionals to run their businesses successfully. Salon members are provided ongoing training, support, and a strong referral network to help their business generate a six-figure income. Featured in Entrepreneur magazine’s “Top New Franchise” list, the brand is widely recognized for its rapid expansion and noteworthy success. A strategic alliance partnership with Propelled Brands, the nation’s largest family-owned collection of salons, continues to propel the brand’s growth. With 225 locations in 35 states across the United States and Canada, the franchise concept plans to add 200 franchise partners and 500 salons in the next three years.

For more information about Suite Management Franchising, visit mysalonsuite.com/franchise. To learn more about MY SALON Suite and Salon Plaza, visit mysalonsuite.com and salonplaza.com.

26 05, 2022

Propelled Brands’ FASTSIGNS, NerdsToGo, and MY SALON Suite Ranked On FRAN-TASTIC 500 2022

2022-05-26T09:43:47-04:00May 26th, 2022|Tags: , , , , |

CARROLLTON, Texas — Propelled Brands, the corporate umbrella of FASTSIGNS®, NerdsToGo® and Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza, has all brands ranked on FranServe’s FRAN-TASTIC 500 2022 list.

“We are proud to have all three of our brands recognized as top franchises of 2022,” said Catherine Monson, CEO of Propelled Brands. “The recognition is proof of our business model’s efficacy in providing business ownership opportunities and the quality of support provided to our franchisees to help in their success. We look forward to our continued growth in the years to come.”

The FRAN-TASTIC 500 recognizes 500 of the franchising industry’s leading brands that open the doors to business ownership through franchising. Brands are chosen based on criteria including brand identity, turnkey model, superb training, and scalability.

“Franchising helps people change their lives and take control of their future,” said Alesia Visconti, CEO and President of FranServe Inc. “A brand that makes our annual “FRAN-TASTIC 500″ list shows that it values a fun and rewarding lifestyle and emphasizes people fulfilling their dreams of business ownership through franchising.”

Additional information on the FRAN-TASTIC 500 full list of brands can be found at https://franserve.com/frantastic500/.

For more information about Propelled Brands, please visit https://www.propelledbrands.com.  

About Propelled Brands®:

Propelled Brands is the corporate umbrella of FASTSIGNS®, SIGNWAVE®, NerdsToGo® and Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza. Focused on service-oriented franchises, the Propelled Brands team assists each brand in its portfolio to confidently navigate forward based on their unique position, momentum and purpose. Propelled Brands advances the strategic path for each brand, offering support, guidance and a clear vision to fully equip every franchisee, helping them maximize success. 

Propelled Brands is looking to partner with other service-oriented franchise concepts that align with its forward-thinking growth objectives. For more information or to learn about opportunities with Propelled Brands, visit propelledbrands.com. To learn about franchise opportunities with FASTSIGNS, NerdsToGo, MY SALON Suite or Salon Plaza franchise opportunities, contact Mark Jameson (mark.jameson@propelledbrands.com or call 214.346.5679).

24 05, 2022

Propelled Brands to Attend International Franchise Expo in New York City

2022-05-24T13:34:00-04:00May 24th, 2022|Tags: , , , , |

Key leaders of corporate umbrella company for leading franchise brands to attend annual franchising expo to share and gain insight to drive success

CARROLLTON, TexasPropelled Brands, the corporate umbrella of FASTSIGNS®, SIGNWAVE®, NerdsToGo® and MY SALON Suite will be attending the International Franchise Expo (Booth #214) in New York, NY, taking place June 2-4 at the Javits Center. Catherine Monson, chief executive officer; Mark Jameson, chief support and development officer, Scott Krupa, vice president of franchise development and Clint Ehlers, FASTSIGNS franchisee and member of the IFA Board of Directors will all be in attendance.

“It is incredible to once again be able to attend the International Franchise Expo in person,” said Catherine Monson, CEO of Propelled Brands. “The International Franchise Expo is a wonderful opportunity to network, share best practices and create new opportunities for everyone within franchising. That every one of our brands is attending is just improving our overall opportunity to connect with new businesses.”

The International Franchise Expo 2022 is the world’s leading event where potential franchisees can network and connect with large, medium-sized and emerging franchise brands. The International Franchise Expo brings together attendees, exhibitors, expert speakers and sponsors for information sharing, education and business development.

“We are excited to represent all three of Propelled’s Brands at the 2022 International Franchise Expo,” said Mark Jameson, chief support and development officer of Propelled Brands. “With all of our brands meeting new, potential franchisees in person, the International Franchise Expo is an amazing chance to share the opportunities within the Propelled Brands network.”

During the event, Catherine Monson, Mark Jameson, and Clint Ehlers will be joining panels of experts to discuss the current relevant topics in franchising. Catherine will discuss how women can be successful in today’s franchise marketplace. Mark will participate in a session alongside Ron Bender of Threshold Brands/Men in Kilts on Franchising 101, focusing on veterans and diversity in franchising. Finally, Clint will be providing his thoughts on the state of franchising with a focus on an economic and community outlook.

For more information about Propelled Brands franchise opportunities, please visit https://www.propelledbrands.com/franchising-opportunities/

For more information about the International Franchise Expo, visit https://www.franchiseexpo.com/ife/.

About Propelled Brands®:

Propelled Brands is the corporate umbrella of FASTSIGNS®, SIGNWAVE®, NerdsToGo® and Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza. Focused on service-oriented franchises, the Propelled Brands team assists each brand in its portfolio to confidently navigate forward based on their unique position, momentum and purpose. Propelled Brands advances the strategic path for each brand, offering support, guidance and a clear vision to fully equip every franchisee, helping them maximize success.

Propelled Brands is looking to partner with other service-oriented franchise concepts that align with its forward-thinking growth objectives. For more information or to learn about opportunities with Propelled Brands, visit propelledbrands.com. To learn about franchise opportunities with FASTSIGNS®, NerdsToGo®, MY SALON Suite or Salon Plaza franchise opportunities, contact Mark Jameson (mark.jameson@propelledbrands.com or call 214.346.5679).

28 04, 2022

Stacy Eley Named Brand President of Suite Management Franchising

2022-04-28T15:07:24-04:00April 28th, 2022|Tags: , , , |

CARROLLTON, Texas — Propelled Brands, the parent company of Suite Management Franchising (SMF), the franchisor of both MY SALON Suite and Salon Plaza, a salon suite franchise that focuses on providing hairstylists and beauty professionals a personal space to build their independent businesses and be their own boss, has named Stacy Eley brand president.

“It is a great honor to accept the brand president role,” said Stacy Eley. “I love franchising! I am passionate about the Suite Management Franchising network and the value we bring to our franchisees and our franchisees’ members. I look forward to further accelerating the growth and success of franchisees.”

Stacy has been with Suite Management Franchising since April of 2013, first as Director of Operations, then Senior Vice President of Operations, and since February of 2020, she has held the position of Chief Operating Officer. Prior to joining Suite Management Franchising, Eley held director positions in the fitness franchise industry, planning and directing strategic initiatives for brand expansion, training and communication.

In her current role as brand president, Eley will be responsible for increasing franchisee profitability through effective leadership, innovation, new revenue streams, and operational efficiencies, as well as driving growth in the number of franchise locations. She will focus on franchisee/franchisor collaboration, sharing best practices, operational standards and providing coaching, training and ongoing education to all franchisees within the MY SALON Suite and Salon Plaza network.

“I am honored to appoint Stacy to this role,” said Catherine Monson, CEO of Propelled Brands, who acquired SMF in June 2021. “Her inclusive and compassionate leadership style and deep knowledge and expertise in the salon suite space will be a great asset to Suite Management Franchising and all of their franchisees as she creates new opportunities and drives continued success and growth for the network.”

For more information about the MY SALON Suite or Salon Plaza franchise, visit https://www.mysalonsuite.com, or contact Mark Jameson at mark.jameson@propelledbrands.com or 214-346-5679.

About Suite Management Franchising

Suite Management Franchising, the parent company of MY SALON Suite and Salon Plaza, is a salon suite franchise created for entrepreneurial-spirited individuals interested in diversifying their portfolio while living a semi-absentee lifestyle. Founded to inspire and empower the modern-day salon owner, the company offers a unique opportunity for a diverse range of beauty and health professionals to run their businesses successfully. Salon members are provided ongoing training, support, and a strong referral network to help their business generate a six-figure income. Featured in Entrepreneur magazine’s “Top New Franchise” list, the brand is widely recognized for its rapid expansion and noteworthy success. A strategic alliance partnership with Propelled Brands, the nation’s largest family-owned collection of salons, continues to propel the brand’s growth. With 225 locations in 35 states across the United States and Canada, the franchise concept plans to add 200 franchise partners and 500 salons in the next three years.

For more information about Suite Management Franchising, visit mysalonsuite.com/franchise. To learn more about MY SALON Suite and Salon Plaza, visit mysalonsuite.com and salonplaza.com.

17 03, 2022

Propelled Brands To Attend The Franchise Expo West In Phoenix, Arizona

2022-03-17T11:48:30-04:00March 17th, 2022|Tags: , , , , |

FASTSIGNS franchisee Emily Staples and Jeff Lewis, Propelled Brands’ assistant vice president of franchise support to host a panel and class.

CARROLLTON, TexasPropelled Brands, the corporate umbrella of FASTSIGNS®, SIGNWAVE®, NerdsToGo® and Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza, will be attending Franchise Expo West (Booth #309) in Phoenix, AZ, taking place March 18-19. FASTSIGNS® franchisee from the Phoenix area, Emily Staples, will participate in a panel discussion on the challenges and rewards of being a franchisee, and Propelled Brands’ Assistant Vice President of Franchise Support, Jeff Lewis, will teach a breakaway session.

“We are thrilled for this chance to network and represent all three of our brands at this great event,” said Mark Jameson, chief support and development officer of Propelled Brands. “Propelled Brands is set to show everyone about our three franchise opportunities and how we support our franchisees. Additionally, having such strong members of our network speak at this event is exciting. The panel and class held by our very own Emily Staples and Jeff Lewis will provide valuable information and offer those who attend the chance to improve both themselves and their business.”

Franchise Expo West is a chance to meet face-to-face with the ‘best of the best’ franchise brands as attendees sample, explore and speak with industry-leading brands that are interested in growing in the western United States. Visitors looking to invest in a franchise or create a franchise from their existing business will find seminars and workshops to meet their needs, providing a great opportunity to gather information and learn all they need to know about franchising in one convenient, information-packed event.

“I am excited for this chance to speak on a panel about the challenges and rewards of being a franchisee,” said Emily Staples, franchisee at FASTSIGNS® of Gilbert, Arizona. “The goal is to educate individuals on what all goes into determining the business they want to go into and what is required. There were a lot of things I didn’t know before opening a business that I wish someone would have told me.”

Propelled Brands is the corporate umbrella under which service industry franchise brands operate and grow, building a network with extremely high franchisee satisfaction, yearly improvements in franchisee profitability, and strong financial benchmarks and net promoter scores. Propelled Brands brings the same strategy, culture, and discipline to every company they partner with while also enriching the lives of their franchisees. They advance the strategic path for each brand and offer a clear vision and supportive business model to put franchise owners on a path to success.

“My class is 100% focused on helping franchisees improve their profitability and how to do so. We’ll cover best practices, financial reviews, profit leaders, education and more,” said Jeff Lewis, assistant vice president of franchise support for Propelled Brands. “Improving profitability is the #1 key strategic objective for FASTSIGNS® and Propelled Brands, and it helps us with franchisee satisfaction and enhancing the value of the FASTSIGNS® brand.”

For more information about Propelled Brands franchise opportunities, please visit https://www.propelledbrands.com/franchising-opportunities/

About Propelled Brands®:

Propelled Brands is the corporate umbrella of FASTSIGNS®, SIGNWAVE®, NerdsToGo® and Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza. Focused on service-oriented franchises, the Propelled Brands team assists each brand in its portfolio to confidently navigate forward based on their unique position, momentum and purpose. Propelled Brands advances the strategic path for each brand, offering support, guidance and a clear vision to fully equip every franchisee, helping them maximize success.

Propelled Brands is looking to partner with other service-oriented franchise concepts that align with its forward-thinking growth objectives. For more information or to learn about opportunities with Propelled Brands, visit propelledbrands.com. To learn about franchise opportunities with FASTSIGNS, NerdsToGo, MY SALON Suite or Salon Plaza franchise opportunities, contact Mark Jameson (mark.jameson@propelledbrands.com or call 214.346.5679).

11 03, 2022

Scott Krupa Promoted to Vice President of Franchise Development for Propelled Brands

2022-03-11T10:04:59-05:00March 11th, 2022|Tags: , , , , |

CARROLLTON, Texas — Propelled Brands announced Scott Krupa as the vice president of franchise development bringing over 10 years of franchising experience to the position. Krupa will play a crucial role in advancing growth opportunities for FASTSIGNS®, NerdsToGo®, and MY SALON Suite.

“Scott possesses an extensive level of knowledge and expertise about each of our brands that reflect his dedication and love for the companies and ambition to reach new heights,” said Mark Jameson, chief support and development officer of Propelled Brands. “As our brands continue to develop and achieve new success, we are proud to promote Scott and support him as he continues to bring new opportunities and provide expertise on franchising, lead generation, and our proprietary sales process. During Scotts tenure, he helped us grow both domestically and internationally, adding five new countries to FASTSIGNS’ portfolio.”

Krupa started his journey with FASTSIGNS in 2015. During his tenure, he has developed the brand, both domestically and internationally, serving with dual titles and responsibilities in the U.S. and abroad. With the acquisition of NerdsToGo® in 2020 and My Salon Suites® in 2021, the opportunity to lead a multi-brand development team arose and Krupa filled the description of what Propelled Brands needed. Krupa’s experience over the years has equipped him with the capabilities to lead a team of professionals who are singularly focused on identifying suitable candidates to grow their respective brands. Krupa and his teams are keen to find candidates that have a long-lasting impact on the culture of Propelled Brands’ outstanding family of franchises and their respective communities around them.

“I’m happy to elevate my work experience with Propelled Brands and strengthen the relationships I’ve made along the way,” said Krupa. “It’s a wonderful opportunity to continue to meet our goals and keep the promises we make to our franchisees so that they can operate a successful business, be their own boss and fulfill the vision they have for their lives.”

For more information about Propelled Brands franchise opportunities, please visit https://www.propelledbrands.com/franchising-opportunities/

About Propelled Brands®:

Propelled Brands is the corporate umbrella of FASTSIGNS®, SIGNWAVE®, NerdsToGo® and Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza. Focused on service-oriented franchises, the Propelled Brands team assists each brand in its portfolio to confidently navigate forward based on their unique position, momentum and purpose. Propelled Brands advances the strategic path for each brand, offering support, guidance and a clear vision to fully equip every franchisee, helping them maximize success.

Propelled Brands is looking to partner with other service-oriented franchise concepts that align with its forward-thinking growth objectives. For more information or to learn about opportunities with Propelled Brands, visit propelledbrands.com. To learn about franchise opportunities with FASTSIGNS, NerdsToGo, MY SALON Suite or Salon Plaza franchise opportunities, contact Mark Jameson (mark.jameson@propelledbrands.com or call 214.346.5679).

8 02, 2022

MY SALON Suite Pursues Franchise Expansion in the Greater St. Louis Metropolitan Area, With Goal Set to Develop Nine Units Across the Market

2022-02-08T12:10:06-05:00February 8th, 2022|Tags: , , , |

CARROLLTON, Texas — MY SALON Suite, a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business and the beauty industry’s future, is looking to expand its influence in the Greater St. Louis region by developing nine locations in the metropolitan area.

“There are incredible growth opportunities for MY SALON Suite in the St. Louis market,” said Ken McAllister, the co-founder and CEO of MY SALON Suite. “MY SALON Suite offers its franchisees a semi-passive owner experience, allowing them a way to own a franchise without the need to manage employees and oversee every operation of their retail location. I am excited to see how MY SALON Suite will expand into the market and cannot wait for new franchisees to join our organization.”

MY SALON Suite is a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business. They decorate their suite, use their own branding, set their hours, prices, and manage their own client lists and business. In addition, the MY SALON Suite franchise owners serve as landlords who recruit and rent space to health and beauty professionals.

“MY SALON Suite is a franchise that encourages growth in both its franchisees and the beauticians who become members,” said St. Louis franchise owner, Brian Repp. “This franchise wants to help its members to grow both personally and financially. It allows each person to be their own boss, and while it can be a challenge to stay self-motivating when no one is telling you what to do, the freedom available to each Salon member is invaluable.”

In June 2021, Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza, was acquired by Propelled Brands. Propelled Brands is using its unparalleled resources, support, and training to accelerate growth and expand Suite Management Franchising’s footprint across the country.

The initial investment for a MY SALON Suite franchise is approximately $664,738$1,479,827, including a $50,000 franchise fee. Ideal candidates have a net worth of $1 million, of which $200K is liquid. Additionally, MY SALON Suite offers a special incentive for veterans and first responders, including paramedics, emergency medical technicians, police officers, sheriffs, and firefighters, which includes a 50% reduction on the franchise fee – a savings of $25,000.

For more information about the MY SALON Suite franchise, visit https://www.mysalonsuite.com, or contact Mark Jameson at mark.jameson@propelledbrands.com or 214-346-5679.

About Suite Management Franchising

Suite Management Franchising, the parent company of MY SALON Suite and Salon Plaza, is a salon suite franchise created for entrepreneurial-spirited individuals interested in diversifying their portfolio while living a semi-absentee lifestyle. Founded to inspire and empower the modern-day salon owner, the company offers a unique opportunity for a diverse range of beauty and health professionals to run their businesses successfully. Salon members are provided ongoing training, support, and a strong referral network to help their business generate a six-figure income. Featured in Entrepreneur magazine’s “Top New Franchise” list, the brand is widely recognized for its rapid expansion and noteworthy success. A strategic alliance partnership with Propelled Brands, the nation’s largest family-owned collection of salons, continues to propel the brand’s growth. With 225 locations in 35 states across the United States and Canada, the franchise concept plans to add 200 franchise partners and 500 salons in the next three years.

For more information about Suite Management Franchising, visit mysalonsuite.com/franchise. To learn more about MY SALON Suite and Salon Plaza, visit mysalonsuite.com and salonplaza.com.

7 01, 2022

My Salon Suite Ranked Among Top Franchises In Entrepreneur’s Highly Competitive Franchise 500®

2022-01-07T10:31:26-05:00January 7th, 2022|Tags: , , , |

CARROLLTON, TexasMY SALON Suite®, a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business and the beauty industry’s future, was recognized as one of the top 500 franchises in Entrepreneur‘s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2022 Franchise 500® ranks MY SALON Suite as 62 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. MY SALON Suite’s position on the ranking is a testament to its strength as a franchise opportunity.

“Being included on Entrepreneur’s Franchise 500 list is an honor and validates the efforts of our MY SALON Suite family,” said Ken McAllister, the co-founder and CEO of MY SALON Suite. “Having our brand, once again, earn a place on this prestigious list demonstrates the strength of our concept and the dedication of our superior staff and hardworking franchisees as we continue to grow.”

In Entrepreneur‘s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.

“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”

To view MY SALON Suite in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2022 issue of Entrepreneur, available on newsstands January 11th.

About Suite Management Franchising®

Suite Management Franchising, the parent company of MY SALON Suite® and Salon Plaza®, is a salon suite franchise created for entrepreneurial-spirited individuals interested in diversifying their portfolio while living a semi-absentee lifestyle. Founded to inspire and empower the modern-day salon owner, the company offers a unique opportunity for a diverse range of beauty and health professionals to run their businesses successfully. Salon members are provided ongoing training, support, and a strong referral network to help their business generate a six-figure income. Featured in Entrepreneur magazine’s “Top New Franchise” list, the brand is widely recognized for its rapid expansion and noteworthy success. A strategic alliance partnership with Propelled Brands, the nation’s largest family-owned collection of salons, continues to propel the brand’s growth. With 220 locations in 35 states across the United States and Canada, the franchise concept plans to add 200 franchise partners and 500 salons in the next three years.

For more information about Suite Management Franchising, visit mysalonsuite.com/franchise. To learn more about MY SALON Suite and Salon Plaza, visit mysalonsuite.com and salonplaza.com.

5 01, 2022

Under New Ownership, MY SALON Suite Marks 2021 with Expansion, New Programs and Recognition

2022-01-05T10:48:40-05:00January 5th, 2022|Tags: , , , |

Salon suite franchise continues impressive growth into the new year.

CARROLLTON, Texas MY SALON Suite®, a salon suite franchise that focuses on providing stylists and beauticians a personal space to build their business and the beauty industry’s future, ended the year with impressive growth. Under the new ownership of Propelled Brands, the brand opened 40 new locations, rolled out new programs and garnered national recognition.

“Our franchisees continue to exceed our expectations year after year, consistently propelling our brand to new heights through their hard work and dedication,” said Ken McAllister, the co-founder and CEO of MY SALON Suite. “With MY SALON Suite joining Propelled Brands, our franchisees are receiving ongoing support and unparalleled resources to position the brand as a true leader among the industry and the local communities it serves.”

MY SALON Suite highlights for the year include:

  • Suite Management Franchising LLC. acquired by Propelled Brands, the corporate umbrella of FASTSIGNS®, SIGNWAVE®, and NerdsToGo® in June;
  • Opening 40 locations in 2021 with more than 60 additional units planned to open in 2022;
  • All MY SALON Suite locations experienced record-high occupancies, with system wide occupancies growing by 6.7% from last year and new locations’ opening occupancies increasing by 21%;
  • Fourteen MY SALON Suite locations expanded to add more suites;
  • Forty-three leases were signed for new locations;
  • Sixty-one new units were awarded to franchisees;
  • Raising more than $120,000 for St. Jude Children’s Research Hospital;
  • Launching the My Suite Store, an E-Commerce site just for members. MY SALON Suite is the first to market with this program where members can shop and order products at wholesale rate and have it shipped right to them;
  • Launching the Smart Start Program, a package designed to incentivize growth for Members and beauty pros. Offerings include access to MY Suite Store, free payment processing through Square, education resources, referral incentives, suite customization, and the opportunity to give back through the Suite Relief Fund;
  • Ranking 61 in Entrepreneur magazine’s Franchise 500;
  • Ranking 65 in Entrepreneur magazine’s fastest growing franchise worldwide;
  • Ranking 1257 in Inc. Magazine’s annual Inc. 5000 list;
  • Ranking in Franchise Business Review’s Top 50 Franchises for Women;
  • Ranking in Franchise Times Fast and Serious List;

The initial investment for a MY SALON Suite franchise is approximately $664,738$1,479,827, including a $50,000 franchise fee. Ideal candidates have a net worth of $1 million, of which $200K is liquid. Additionally, MY SALON Suite offers a special incentive for veterans and first responders, including paramedics, emergency medical technicians, police officers, sheriffs, and firefighters, which includes a 50% reduction on the franchise fee – a savings of $25,000.

For more information about the MY SALON Suite franchise, visit https://www.mysalonsuite.com, or contact Mark Jameson at mark.jameson@propelledbrands.com or 214-346-5679.

About Suite Management Franchising®
Suite Management Franchising, the parent company of MY SALON Suite® and Salon Plaza®, is a salon suite franchise created for entrepreneurial-spirited individuals interested in diversifying their portfolio while living a semi-absentee lifestyle. Founded to inspire and empower the modern-day salon owner, the company offers a unique opportunity for a diverse range of beauty and health professionals to run their businesses successfully. Salon members are provided ongoing training, support, and a strong referral network to help their business generate a six-figure income. Featured in Entrepreneur magazine’s “Top New Franchise” list, the brand is widely recognized for its rapid expansion and noteworthy success. A strategic alliance partnership with Propelled Brands, the nation’s largest family-owned collection of salons, continues to propel the brand’s growth. With 210 locations in 35 states across the United States and Canada, the franchise concept plans to add 200 franchise partners and 500 salons in the next three years.

For more information about Suite Management Franchising, visit mysalonsuite.com/franchise. To learn more about MY SALON Suite and Salon Plaza, visit mysalonsuite.com and salonplaza.com.