MY SALON Suite franchise recently announced its entrance into the Canadian beauty market. With successful locations already established in major cities in the United States, the franchise's new International Corporate location in Ottawa, Ontario, Canada is currently under construction and already poised for success.
With the Canadian beauty industry generating approximately $2 billion dollars each year and experiencing nearly a 10-percent annual growth over the last few years (as reported by IBISWorld), now is an extremely favorable time for MY SALON Suite to make its entrance into Canada and expand throughout North America.
First opening its doors in 2012, MY SALON Suite is a beauty franchise concept that combines independent beauty professionals into a sole luxurious salon and/or spa environment. The company helps franchisees set up, run and maintain professional beauty suites for established service providers who are looking to run their own business in a commercial space.
In just two years, MY SALON Suite opened 13 suite complexes across the United States and brought in 32 new franchisees. A total of 14 new locations are expected to be opened by the end of the year, including the Ottawa location, taking the successful beauty franchise concept up north.
In a recent press release, CEO of MY SALON Suite, Ken McAllister, credits the benefits of MY SALON Suite's business concept and the company's commitment to supporting its franchisees as a large part of its success. MY SALON Suite's combination of a semi-absentee owner business model, no employee requirement, few moving parts, and placement in a market that's generally resistant to recession is part of the company's rapid rise.
The MY SALON franchise opportunity provides many advantages to entrepreneurs who are looking for an opportunity that allows for flexible scheduling and freedom. Franchisees can use their computers to access their salons, and many locations can be managed on just five hours per week. Suites are designed with clients in mind, using fine interior decor design schemes to achieve an exclusive salon and spa feel.
For franchisees, MY SALON Suite does most of the crucial work initially. Their marketing team researches area demographics to determine the best area a new franchisee's salon should be located, and the real estate team locates potential properties and handles all lease negotiations.Once a property is selected, the MY SALON Suite helps the franchisee hire architects and contractors and prepares the design plans to submit for the new salon's construction. MY SALON Suite also oversees the building of the location and works with all construction personnel when necessary to ensure that constructions stays on schedule and within the budget.Currently, MY SALON Suite is on track to reach its goal of 25 new locations by the close of 2014. In the upcoming years, the franchise plans to have a total of 150 locations throughout North America. With its goal of fast expansion,MY SALON Suite is currently looking for new franchisees to join its growing family.
With the Canadian beauty industry's established history of continued growth,MY SALON Suite is a solid opportunity with solid growth potential.
Visit BetheBoss.ca today for more information about MY SALON Suite and other beauty service franchises!