Sola Salon Studios Franchise FDD, Profits & Costs (2025)
Sola Salon Studios was founded in 2004 by Stratton Smith and Matt Briger to empower beauty professionals to own their businesses.
Headquartered in Lakewood, Colorado, Sola offers high-end, move-in-ready salon suites for independent beauty professionals. The franchise began expanding in 2005 and now boasts over 700 locations across the U.S.
Sola Salon sets itself apart by allowing beauty professionals to customize private studios, set their own prices, and manage schedules. This model provides a personalized space and brand identity, while Sola supports with marketing, technology, and education.
Joining Sola means joining a community of over 20,000 beauty professionals. The franchise provides top-tier amenities, hospitality, and a supportive environment to help salon owners thrive both personally and professionally.
Initial Investment
How much does it cost to start a Sola Salon Studios franchise? It costs on average between $1,029,000 – $2,101,000 to start a Sola Salon Studios franchised center.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of salon you choose, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Low Amount | High Amount |
|---|---|---|
| Initial Franchise Fee | $55,000 | $55,000 |
| Travel and Living Expenses | $2,500 | $4,000 |
| Rent Manager Property Management Software | $744 | $1,044 |
| Site Selection Assistance | $0 | $3,500 |
| Architectural Fees | $10,000 | $30,000 |
| Rent or Real Estate | $21,000 | $199,000 |
| Design Services | $3,200 | $5,000 |
| Improvements/Conversions | $705,600 | $1,305,000 |
| Furniture & Fixtures | $147,000 | $315,000 |
| Signage | $10,000 | $20,000 |
| Utilities | $1,311 | $16,645 |
| Operating Supplies | $1,000 | $10,000 |
| Advertising/Marketing | $10,900 | $20,673 |
| Insurance | $6,500 | $10,000 |
| Computer Equipment and Software | $1,300 | $2,300 |
| Repairs and Maintenance | $2,859 | $20,673 |
| Labor | $9,000 | $33,369 |
| Additional Funds for Initial 3 Months | $20,000 | $50,000 |
| TOTALS | $1,028,914 | $2,100,531 |
Average Revenue (AUV)
How much revenue can you make with a Sola Salon Studios franchise? A Sola Salon Studios franchised center makes on average $428,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $443,000 yearly revenue for similar full-service salon franchises. Below are some of Sola Salon Studios competitors as a comparison:
Sola Salon Studios Franchise Disclosure Document
Frequently Asked Questions
How many Sola Salon Studios locations are there?
As of the latest, Sola Salon Studios has a total of 728 locations globally. Of these, 564 are franchised units, while 59 locations are company-owned, with one additional company-owned location in development.
The company has been steadily acquiring franchisee-owned units, notably purchasing 20 franchise locations in Virginia and Maryland to expand its corporate ownership.
What is the total investment required to open a Sola Salon Studios franchise?
The total investment required to open a Sola Salon Studios franchise ranges from $1,029,000 to $2,101,000.
What are the ongoing fees for a Sola Salon Studios franchise?
The ongoing fees for a Sola Salon franchise include a royalty fee of 5.5% of gross revenue and a marketing fee, also known as the National Marketing Fund Contribution, of 1.5-3.5% of gross revenue. These fees ensure that franchisees contribute to the overall brand’s marketing efforts and receive operational support.
What are the financial requirements to become a Sola Salon Studios franchisee?
To become a Sola Salon Studios franchisee, the financial requirements include a minimum net worth of $1.5 million and liquid assets of at least $500,000. These requirements ensure that potential franchisees have the financial capacity to cover the initial investment and ongoing operational costs involved in opening and running a Sola Salon franchise.
How much can a Sola Salon Studios franchise owner expect to earn?
The average gross sales for a Sola Salon Studios franchise are approximately $0.43 million per location. Assuming a 15% operating profit margin, $0.43 million yearly revenue can result in $65,-000 EBITDA annually.
Who owns Sola Salon Studios?
Sola Salon Studios is owned by Radiance Holdings, a beauty and wellness company. Radiance Holdings acquired Sola Salon and oversees its operations, which includes managing its growth and expansion in the salon studio sector. The company also owns other brands in the beauty industry, such as Woodhouse Spas, further strengthening its portfolio in the beauty and wellness space.
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