Sola Salons

Sola Salons

Information based on 2024 FDD

Personal Care Services · Hair Salons, Skincare, Eyelashes, Nails

Investment min
$924K
Total: $924K–$2M
Avg gross revenue
$436K
Unit-level, 2024
Franchise fee
$55K
Per current disclosure
Royalty
5.5%
of gross revenue
Locations
631
Franchising since 2005

Description

What is Sola Salons?

Sola Salons revolutionizes the beauty industry by offering a unique and empowering business model for beauty professionals. Founded in 2004, Sola has grown into a leading name in the personal care sector, providing an innovative platform where beauty entrepreneurs can own and operate their independent studios under one roof.

The concept is brilliantly simple yet transformative: beauty professionals lease high-end, private studio spaces where they can provide personalized services in hair styling, skincare, nail care, and eyelash treatments. This arrangement offers the perfect blend of independence and community, allowing professionals to build their own brands while benefiting from the security and prestige of an established location.

What sets Sola Salons apart is their commitment to entrepreneurial success. Each location features modern, well-maintained facilities with individual suites that professionals can customize to reflect their unique brand identity. The private studio concept creates an intimate, one-on-one experience for clients, eliminating the typical distractions of traditional salons while maintaining a professional atmosphere.

The franchise has garnered widespread acclaim from both beauty professionals and clients alike, with consistently positive reviews highlighting the clean, modern environments and exceptional service quality. For beauty entrepreneurs, Sola offers the freedom to set their own schedules, prices, and service menus, while providing the support structure of an established brand. This business model has proven particularly attractive to experienced beauty professionals looking to take the next step in their careers without the overwhelming complexity of starting completely from scratch.
  • Established leader since 2004
  • 692 locations nationwide presence
  • Premium suite-rental business model
  • Recurring tenant revenue streams
  • Upscale beauty professional clientele
  • Proven multi-tenant operational system

Location Analysis

Where Sola Salons wins

Sola Salons demonstrates strong market presence across numerous states, showing particular concentration in coastal and high-population regions. The brand maintains a robust presence in California, with notable representation in the Mid-Atlantic region, including significant market penetration in Virginia and Maryland. The franchise's exceptional 4.76 average rating across thousands of customer reviews indicates strong operational performance and customer satisfaction across regions.

The franchise shows strategic positioning in affluent suburban areas and urban centers, targeting markets with high disposable income and strong demand for premium beauty services. Current geographic distribution reveals opportunities for expansion in underserved regions, particularly in the Southeast and Mountain states. Success factors include locations in high-traffic retail corridors with strong professional demographics and above-average household incomes.

Ideal locations feature proximity to complementary retail, strong daytime population, and demographics aligned with beauty service consumption. Market analysis suggests optimal performance in areas with median household incomes above $75,000 and professional female populations aged 25-54. The franchise's studio-suite model performs particularly well in mixed-use developments and upscale shopping centers, providing strategic advantages over traditional salon concepts.
Total US locations
692
Franchise units
631
Corporate locations
61
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Sola Salons

Avg gross revenue$435,679
Investment range$924,021 – $1,957,824
Investment midpoint$1,440,923
Brand fund1.5%
Royalty5.5%
Franchise fee$55,000
Min. net worth
Min. liquid capital
Sola Salons requires a substantial investment of $924,021 - $1,957,824, positioning it as a premium franchise opportunity that significantly exceeds the personal care sub-sector averages of $279,322 - $569,025. This elevated investment reflects the brand's suite-rental business model, where individual beauty professionals lease private studios within upscale salon facilities. The reported gross revenue of $435,679 aligns closely with sub-sector averages of $404,662, though investors should note this represents location-level performance rather than individual suite revenues.

Established in 2004 with 692 units, Sola demonstrates strong system maturity and consistent expansion within the growing beauty services market. The franchise capitalizes on the trend toward independent beauty professionals seeking premium workspace solutions without traditional salon employment constraints. The substantial investment requirement suggests ideal candidates possess significant liquid capital and business management experience, as the model requires sophisticated understanding of multi-tenant operations and beauty industry dynamics.

The premium investment level reflects comprehensive build-out costs for upscale facilities, advanced salon equipment, and prime real estate positioning essential for attracting quality tenants. Investors should consider the operational complexity of managing multiple beauty professionals as independent contractors while maintaining facility standards and occupancy rates. The model offers potential for strong cash flow through recurring rental income, though success depends heavily on local market demographics, competition density, and effective tenant recruitment and retention strategies.
Did you know? Did you know that launching your own Sola Salons franchise - where independent beauty professionals rent private studio spaces in an upscale salon community - requires a total investment between $924,021 and $1,957,824, which includes the $55,000 franchise fee plus all the costs for build-out, equipment, and working capital needed to create a premium salon destination that can house 20-30 individual beauty entrepreneurs under one roof?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$924K–$2M
Most common
$924,021
Minimum
$1,440,923
Midpoint
$1,957,824
Maximum

Per FDD Item 7, total initial investment ranges from $924,021 to $1,957,824. The midpoint $1,440,923 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$500K$400K$300K$200K$100KN/A
$411K
$428K
$436K
2022
2023
2024
Avg
$425K
YOY change (2023 -> 2024)
+2%

According to Item 19 of the Franchise Disclosure Document, Sola Salons has an average gross revenue of $436K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+7% YoY
8006404803201600
2017
2018
2019
2020
2021
2022
2023
2024
692 units open as of 2024 FDD+46 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Sola Salons's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Sola Salons franchise typically ranges between $924,021.00 and $1,957,824.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Sola Salons
Sola Salons
$436K avg revenue · 631+ US franchises

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