Sola Salon Suites Named Top Franchise by Forbes
Sola Salon Studios is having quite the year—they recently achieved an impressive 5,000 stylists in more than 230 locations, and now they have been named Top Franchise To Buy from Forbes Magazine.
“The goal [at Sola] is for every stylist to live their best life, and that’s something different for everybody,” says Matt Briger, Co-Founder of Sola Salon Studios.
Sola leases high-end, private suites to salon professionals. Suites are equipped with everything salon professionals need to operate their own one or two-chair salon. It’s successful model had increase business by 30 percent in 2014 alone!
“Being able to give the American dream to thousands of stylists, it’s been the most rewarding business endeavor we’ve ever done,” says Stratton Smith, Co-Founder of Sola Salon Studios. “It’s all about experiencing the freedom to live the life you love.”
Salon Salon Studios was ranked number one as a franchise to buy in the $500,000+ initial investment category, above franchises like Massage Envy, Culvers and Hilton Garden Inn.
“We’re delighted to be at the top of the list of all of these well-known businesses,” notes Jennie Wolff, Director of Marketing for Sola Salon Studios. “It really does show that Sola Salon puts the beauty professional first.”
The list was determined by the likelihood of a franchisee’s investment success over time, the quality of the franchise system and a franchisor’s long-term commitment and ability to support their franchisees.
“It’s an amazing thought that more than 5,000 others dreams and aspirations of becoming an owner have been fulfilled,” shares Jessica Foronda, Owner of High Rise Hair Lounge in Elk Grove, Calif. “Everyone’s ultimate goal is to be out own boss and Sola Salons has made it a reality for us all. My career wouldn’t be where it is today without an amazing company like this.”