September 15, 2020
MY SALON Suite, a turnkey salon suite studios franchise that allows salon professionals to provide health and beauty services to their own respective clients, ranked number 928 in Inc. magazine’s annual Inc. 5000 list. The Inc. 5000 list is the most prestigious ranking of the nation’s fastest-growing private companies.
This is the second consecutive year MY SALON Suite, listed under the name of its parent company Suite Management Franchising, ranked in the Inc. 5000. The company improved its ranking after earning the number 970 spot in the 2019 list.
“Earning a spot in the Inc. 5000 is a fantastic accomplishment, and improving our ranking represents MY SALON Suite’s growth and success in the salon and beauty industry,” says MY SALON Suite CEO and President Ken McAllister. “Stylists interested in running their own operations are turning to the salon suite concept at an increasing rate, and they want a trusted and established company like MY SALON Suite.”
The Inc. 5000 represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over one million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
MY SALON Suite also earned a spot in Inc.’s 2019 10 Hottest Franchise Businesses in America list.
Click here to see MY SALON Suite’s full profile in the 2020 Inc. 5000 list.
About MY SALON Suite
MY SALON Suite is the latest concept in the beauty services industry, bringing together a collection of independent beauty professionals in one luxurious location. Ken and Alanna McAllister opened the first MY SALON Suite in Metairie, Louisiana, in 2010. They had three locations in Louisiana and Florida by 2012, and the franchise expanded across North America. In 2015, MY SALON Suite partnered with Salon Plaza, a salon operation with more than 25 years of experience, to drive expansion and provide knowledge for new and existing franchise partners.
With industry-leading knowledge, operational processes and support services, we help franchise owners successfully build, open and manage upscale private salon suite facilities for highly-qualified, established beauty service professionals, who are ready to make an investment in themselves and their professional success by running their own salon business.
For more information about MY SALON Suite, please visit: https://www.mysalonsuite.com/.
For more information about MY SALON Suite franchise opportunities, please visit: https://www.suitemanagementfranchising.com/.
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Title: MY SALON Suite Earns Coveted Spot in Prestigious Franchise Ranking
Sourced From: www.prweb.com/releases/my_salon_suite_earns_coveted_spot_in_prestigious_franchise_ranking/prweb17397914.htm
Published Date: Tue, 15 Sep 2020 00:00:00 GMT