Question 1

How many Sola Salon Studios franchise locations are there?

Accepted Answer

Sola Salon Studios currently has 729 total units, including 660 franchised locations and 69 company-owned locations.

Question 2

Is the Sola Salon Studios franchise system growing or shrinking?

Accepted Answer

Sola Salon Studios has experienced positive net growth of +4.6% over the past year, with a 3-year compound annual growth rate (CAGR) of +4.1%.

Question 3

What is the franchise vs. company-owned ratio for Sola Salon Studios?

Accepted Answer

Sola Salon Studios has a franchise ratio of 91%, meaning 91% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Sola Salon Studios franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Sola Salon Studios had 33 units opened and 2 units closed.