Radiance Holdings Announces Q1 2022 Success of Sola Salons and Woodhouse
April 15, 2022 // Franchising.com // DENVER - Radiance Holdings, a company representing a collection of brands in the beauty, wellness and self-care sector, is reporting the strong quarterly performance of its two flagship brands, Sola Salons and Woodhouse. The franchise concepts both accelerated their development efforts in the first quarter of 2022, growing their respective footprints across the U.S. and Canada.
Following a successful 2021 where Sola Salons opened 53 new locations and achieved its 600th milestone, the company sustained its impressive development momentum into Q1 2022, opening 13 new locations in markets such as Arizona, California, Colorado, Pennsylvania and Florida. The growing salon studio franchise also signed development agreements in Q1 to further grow its system wide footprint.
Additionally, Sola successfully purchased 20 existing franchise locations in Virginia, Maryland and Washington D.C. previously owned by former operators, adding to its growing home office portfolio. Today, Sola has 59 corporate-owned locations with one in development.
Woodhouse, which was founded in 2001 and acquired by Radiance Holdings in July 2020, is the first brand to scale a luxury spa concept into the franchise model, making high-end, resort-level experiences accessible in a day-to-day neighborhood setting. The brand, which ranked as the massage and spa services category leader on Entrepreneur magazine’s highly competitive 2022 Franchise 500 list, recently celebrated the opening of its 75th location in Franklin, Tennessee.
SOURCE Radiance Holdings
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