Averan MY SALON Suite Opening Package Offer
Averan Advisors gets the books and financial systems for a new MY SALON Suite location ready before opening day, so your first month closes on time. The setup follows MY SALON Suite’s 2026 FDD and your franchise agreement.
The MY SALON Suite opening package
MY SALON Suite’s 2026 FDD puts the cost to open one location at $994,971 to $1,820,417, so getting the finances right from the start matters.
Averan helps MY SALON Suite franchisees get their books and financial systems ready before opening, with a dedicated beauty specialist.
- QuickBooks set up for MY SALON Suite’s reporting requirements.
- Build-out spending tracked against MY SALON Suite’s Item 7.
- Loan draw packages prepared for your lender.
- Point of sale, payroll and other systems connected and tested before opening.
Do you have 30 minutes this week? Book a 30-minute call.
Already open with another bookkeeper? See the MY SALON Suite conversion package.
What the MY SALON Suite opening package includes
QuickBooks file
We build a QuickBooks file for your MY SALON Suite location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report MY SALON Suite asks its owners for.
Analytics package
Each month we compare your results with the figures in MY SALON Suite’s 2026 FDD.
Budget tracker
We turn MY SALON Suite’s Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the point-of-sale system MY SALON Suite requires, its booking and membership system and your payroll to the books.
Tested before opening
Before your MY SALON Suite location opens, we run one test day of sales and one test payroll through the books.
Handoff to monthly
Your MY SALON Suite royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of MY SALON Suite’s Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
MY SALON Suite figures from the FDD
MY SALON Suite franchisees averaged $454,838 of sales in 2025, with a median of $438,909, according to Item 19 of MY SALON Suite’s 2026 FDD, issued 1 May 2026. The 264 in that group are 82%* of MY SALON Suite’s 320 locations. Fees paid to MY SALON Suite come to about 5.5%* of sales.
MY SALON Suite’s 2026 FDD estimates in Item 7 that opening one MY SALON Suite location costs $994,971 to $1,820,417, including the $50,000 initial franchise fee.
At the MY SALON Suite average of $454,838 of sales a year, the 5.5% royalty comes to about $2,085* a month.
20 MY SALON Suite locations opened in the last year that Item 20 of MY SALON Suite’s 2026 FDD reports.
At the end of the last year that Item 20 reports, MY SALON Suite had 54 franchise agreements signed for locations not yet open.
Send us to start
- Your signed MY SALON Suite franchise agreement.
- MY SALON Suite’s current FDD.
- The MY SALON Suite monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The point-of-sale system MY SALON Suite requires.
- The booking and membership system.
- The MY SALON Suite reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
Questions from MY SALON Suite owners
Does Averan Advisors work with MY SALON Suite owners?
Averan Advisors sets up and keeps the books for MY SALON Suite owners, and the Averan franchise library has a breakdown of MY SALON Suite’s 2026 FDD with its fees, cost to open and Item 19 figures.
How does the MY SALON Suite royalty show up in the books?
The MY SALON Suite royalty is 5.5% of sales, according to MY SALON Suite’s 2026 FDD. We record it on its own line, so each month’s charge can be checked against your sales. At the MY SALON Suite average of $454,838 a year, it comes to about $2,085 a month, by Averan’s calculation.
What does it cost to open a MY SALON Suite franchise?
MY SALON Suite’s 2026 FDD estimates in Item 7 that opening one MY SALON Suite location costs $994,971 to $1,820,417. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my MY SALON Suite location opens?
Your MY SALON Suite books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
* Averan Advisors calculation from the figures in MY SALON Suite’s 2026 FDD.
Where to next
Talk to us about your MY SALON Suite opening
Send the short form for the MY SALON Suite opening package, or book a 30-minute call about your MY SALON Suite location and your opening date.
Get the offer → Book a 30-minute call