Salon Plaza Nets Landmark Development Deal with NBA Champion Chauncey Billups
First Detroit-Area Location Now Open in Southfield; Billups to Build Dozens More Across the Country
July 23, 2019 // Franchising.com // SOUTHFIELD, Mich. – Salon Plaza just inked a game-changing development agreement with “Mr. Big Shot,” NBA Star Chauncey Billups.
The slam-dunk deal that the nation’s leading salon suite franchise for independent cosmetologists recently announced is a multi-unit agreement with NBA Champion Billups. A five-time NBA All-Star, the investment in Salon Plaza will provide business ownership opportunities for thousands of beauty and health professionals, starting with Detroit. Salon Plaza was a natural fit for Billups, who is a lifelong entrepreneur passionate about inspiring others to reach their career potential.
Billups’ first Detroit-based location, conveniently located within Southfield Plaza (29706 Southfield Rd.), opened this week and includes a collection of private, spacious suites for a variety of independent hairstylists, locticians, nail technicians and estheticians. A grand opening celebration complete with entertainment from 97.9 The Beat, suite tours and public appearances from Chauncey and his wife Piper, is scheduled for August 12, 2019.
Under Billups’ direction, the Salon Plaza of Southfield management team will lease suites to a variety of established professionals, who Salon Plaza warmly refers to as its members. Members are provided with local and national marketing support, business operations support, suite and building maintenance, and support with business development, among other services central to building a profitable and long-lasting business.
“We rise by lifting others up, and that’s exactly what we’re doing with Salon Plaza,” said Billups, a former Detroit Pistons point-guard who is working alongside his wife Piper to grow the brand’s footprint. “There’s an increasing number of spirited cosmologists with a ‘boss’ mentality that deserve prosperity, but - like every entrepreneur - they need people to invest time and resources into their business. We’re thrilled to support their entrepreneurial dreams, and there’s no better community to start in than Detroit.”
From his celebrated basketball-playing career through today, which includes his recurring appearances as an ESPN NBA-analyst, Billups continues to build a business empire off the court by strategically investing in legendary brands. One of his better-known successes includes owning and operating more than 30 Wendy’s locations in the greater St. Louis market. Salon Plaza was the clear choice for Billups as he looked to break into the fast-growing salon sector, as the brand’s philosophy runs parallel to his community-driven personal and professional values.
“Chauncey and Piper have an incredible vision for Salon Plaza, and we’re honored to welcome them on board as franchise partners,” said Ken McAllister, CEO and President of Suite Management Franchising, the franchise arm of Salon Plaza. “We’re expanding our business with successful, well-capitalized teams that have strong operating credentials, and the Billups’ partnership is an awesome way to kick-start our momentum nationwide. Their level of commitment and passion for the salon industry will surely open up opportunities for like-minded go-getters for years to come.”
Salon Plaza is a part of Ratner Companies, which is a collection of the largest family-owned and operated hair salons in the country, operating nearly 1,000 salons in 16 states. Since 1936, Ratner Companies and predecessors have done over $15 billion in sales, employed more than 100,000 licensed stylists and are currently approaching 1,000 operating locations. In addition to Salon Plaza, its diverse brands include Hair Cuttery, BUBBLES, Salon Cielo and Spa and ColorWorks.
In addition to the 25 corporate-owned Salon Plaza locations, the Salon Plaza franchise locations are franchised through Suite Management Franchising, a franchise ownership group with two leading concepts, including Salon Plaza and MY SALON Suite.
About Salon Plaza
Salon Plaza is a unique community of dedicated salon professionals who embrace the opportunity to own their own studio salon. Each salon owner, or member, operates their own private studio located within an inviting, upscale and vibrant plaza. Salon Plaza is dedicated to empowering the desire for growth, freedom and ownership within each of its members. The brand currently has 25 corporate-owned locations open throughout the country and is actively franchising the concept.
All Points PR
SOURCE Salon Plaza
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