Boardroom franchise
A men's salon offering haircuts, grooming and related services. At the end of 2025 there were 44 Boardroom locations in the US, 9 franchised and 35 company-owned, so most are run by the company itself.
- Cost to open
- $575K–$795K
- Franchise fee
- $50,000
- Royalty
- 6% of gross sales
- Locations, 2025
- 44+3 in 3 yrs
Compare with similar brands Estimate your costs
Company snapshot
- SBA loans
- Not on the SBA Franchise Directory
From KLPS, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Boardroom franchise costs
Opening Single salon costs an estimated $574,900 to $795,150. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: KLPS, LLC, 2026 filing, page 18
Boardroom franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: KLPS, LLC, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | 6% of gross sales. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: KLPS, LLC, 2026 filing, page 11
Sales and earnings
Shares figures Boardroom publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: KLPS, LLC, 2026 filing, page 50
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 6 (0) | 40 | 0 |
| 2024 | 6 (0) | 40 | 0 |
| 2025 | 9 (+3) | 35 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: KLPS, LLC, 2026 filing, page 53
How Boardroom compares
Of the 33 salon franchises on this site, Boardroom is the 25th cheapest to open and the 23rd largest by number of locations.
| Measure | Boardroom | Typical salon |
|---|---|---|
| Cost to open, low end | $575K | $332K |
| Royalty | 6% | 6% |
| Closed or left per year | 0% | 1.7% |
| Change in franchised locations, 3 yrs | +50% | +24.2% |
| Shares earnings figures | Yes | 30 of 33 |
Typical is the median across the 33 brands in salon franchises.
