Sola Salon Studios, established in 2004, started offering franchise opportunities in 2005. The brand has become a frontrunner in the salon studio sector, providing beauty professionals with upscale, fully-equipped salon studios.
These studios empower independent beauty professionals to start and manage their own salon businesses, granting them autonomy over their workspace, schedule, and more.
Based in Lakewood, Colorado, Sola Salon Studios has carved out a significant presence in the beauty industry. Their innovative real estate rental model, which requires minimal staffing, results in high occupancy and retention rates, presenting a profitable venture for franchisees.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
KEY FRANCHISE STATS
All you need to know about this franchise
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$420,000
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n.a.
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Below are some of
Sola Salon Studios
key competitors in the
Full-service
sector.
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$209,000
-
$200K - $500K
$300,000
n.a.
$270,000
n.a.
n.a.
n.a.
n.a.
$225,000
-
$200K - $500K
$325,000
n.a.
$543,000
n.a.
n.a.
n.a.
n.a.
$143,000
-
$100K - $200K
$366,000
n.a.
$507,000
92.9%
n.a.
31.2%
n.a.
$937,000
-
Over $500K
$1,957,000
n.a.
$334,000
n.a.
n.a.
35.6%
n.a.
$335,000
-
$200K - $500K
$524,000
n.a.
$488,000
n.a.
n.a.
n.a.
n.a.
$833,000
-
Over $500K
$1,740,000
n.a.
$380,000
n.a.
n.a.
17.2%
n.a.
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A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
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Sola Salon Studios offers an extensive initial training program for franchisees, commencing within 60 days of signing the franchise agreement. This training is conducted either at the corporate headquarters or another designated franchise location. Both the franchisee and one appointed manager or employee are required to attend and successfully complete the program.
The training encompasses the franchise system, operational techniques, procedures, ordering processes, accounting, support protocols, quality standards, and hands-on experience in franchise operations.
The program lasts approximately 15 hours over two days. Franchisees are responsible for their own travel, accommodation, and other associated costs. Additional attendees may incur extra charges.
Ongoing and Advanced Training
Sola Salon Studios also offers ongoing training and advanced educational opportunities. Annual conferences are organized to address industry changes, sales techniques, personnel training, bookkeeping, accounting, inventory management, performance standards, and advertising strategies.
Sola Salon Studios ensures territory protection for its franchisees.
According to the franchise agreement, during the term of the agreement, the franchisor and its affiliates will not establish or grant franchises using the same branding within the franchisee's protected territory.
This guarantees exclusivity for the franchisee within their designated area. However, the franchisor reserves the right to operate outside of the protected territory.
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