• Last Year Rank: 274
  • Investment Range: $531,150 - $1,714,370
  • Initial Investment: $55,000
  • Category: Personal Services
274. Sola Salon Studios

Company Description

Sola provides beauty professionals such as hair stylists, makeup artists and estheticians with fully equipped salon studios, along with related tools to launch their salon business. Franchisees generally lease or own the real estate to develop a Sola location.

The company is owned by Radiance Holdings, a joint venture by investment groups including MPK Equity Partners, AHR Growth Partners, and PNC Riverarch Capital. Radiance Holdings also own the Woodhouse Day Spa franchise.

Company Statistics

  • Global Sales: $140,000,000*
  • US Units: 559
  • International Units: 5
  • Total Units: 564
  • Percent Franchised: 95%
  • % International Units: 1%
  • US Franchised Units: 529
  • International Franchised Units: 5
  • Sales Growth %: -12.5%
  • Unit Growth %: 14.9%

*Franchise Times Estimate

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