OFFICIAL FILING · MN · 2018
Salon Professional Education Company FDD (Franchise Disclosure Document) — 2018
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). Salon Professional Education Company's most recent FDD tracked here was filed in 2018 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2018 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $40K |
| ITEM 6 | Ongoing royalty | 6.0% of gross sales |
| ITEM 7 | Total initial investment | $645K–$1.5M |
| ITEM 3 | Disclosed litigation matters | 2 |
| ITEM 19 | Earnings disclosure (FPR) | None — no earnings claim published |
| ITEM 20 | Outlets (fiscal 2017) | 40 franchised at year end · 2 exits (5.1% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — Widmer Roel PC |
Citation discipline: every figure above is extracted from the 2018 Salon Professional Education Company FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
Salon Professional Education Company FDD questions, answered
Where can I download the Salon Professional Education Company FDD for free?
Salon Professional Education Company's 2018 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is Salon Professional Education Company's most recent FDD on file?
The most recent Salon Professional Education Company FDD tracked here was filed in 2018 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does Salon Professional Education Company's FDD disclose earnings (Item 19)?
No — Salon Professional Education Company's 2018 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim.
What does Salon Professional Education Company's FDD Item 20 show?
In fiscal 2017, Salon Professional Education Company ended with 40 franchised outlets; 2 of 39 open at the start of the year left the system — an annualized exit rate of 5.1% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Salon Professional Education Company's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →