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    Franchise opportunities compared

    Drybar vs Modern Halo

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Drybar2026 FDDModern Halo2026 FDD

    Initial investment · Item 7

    Drybar

    Not available

    Modern Halo

    $282,575 – $647,700

    2026 FDD · Item 7 · PDF p. 20

    Initial franchise fee · Item 5

    Drybar

    $50,000

    2026 FDD · Item 5 · PDF p. 13

    Modern Halo

    $50,000

    2026 FDD · Item 5 · PDF p. 10

    Royalty · Item 6

    Drybar

    7%

    2026 FDD · Item 6 · PDF p. 15

    Modern Halo

    6%

    2026 FDD · Item 6 · PDF p. 12

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Drybar: 8, Modern Halo: 1). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Drybar

    Not available
    No reviewed Item 7 total

    Modern Halo

    $282,575 – $647,700
    Total Estimated Initial Investment
    2026 FDD · Item 7 · PDF p. 20
    Standard initial franchise fee (Item 5)

    Drybar

    $50,000
    2026 FDD · Item 5 · PDF p. 13

    Modern Halo

    $50,000
    2026 FDD · Item 5 · PDF p. 10
    Royalty (Item 6)

    Drybar

    7%
    Monthly royalty gross receipts
    2026 FDD · Item 6 · PDF p. 15

    Modern Halo

    6%
    Royalty fee
    2026 FDD · Item 6 · PDF p. 12
    Brand / advertising fund (Item 6)

    Drybar

    4%
    Brand fund maximum — 4%
    2026 FDD · Item 6 · PDF p. 18

    Modern Halo

    3%
    Brand fund — years 5–10 — 3%
    2026 FDD · Item 6 · PDF p. 12

    System scale & health

    Total outlets (Item 20)

    Drybar

    198
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 73

    Modern Halo

    2
    Outlets at end of 2024
    2026 FDD · Item 20 · PDF p. 59
    Net outlet change (Item 20)

    Drybar

    +39
    Calculated: 159 at end of 2023 → 198 at end of 2025

    Modern Halo

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Drybar

    Not available
    No complete exit records for a year

    Modern Halo

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Drybar

    2011
    From a verified franchisor listing

    Modern Halo

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Drybar

    Not available
    Not in reviewed records

    Modern Halo

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Drybar
    Locations counted not stated in the reviewed record — Top 10
    10 shops
    other Top 10
    2026 FDD · Item 19 · PDF p. 71
    Locations counted not stated in the reviewed record — Bottom third
    47 shops
    other Bottom third
    2026 FDD · Item 19 · PDF p. 71
    Locations counted not stated in the reviewed record — All shops
    167 shops
    other All shops
    2026 FDD · Item 19 · PDF p. 71
    +5 more groups in the full report
    Modern Halo
    Locations counted not stated in the reviewed record
    $27,568
    other Advertising and promotion
    2026 FDD · Item 19 · PDF p. 58

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Drybar vs Modern Halo: common questions

    How do Drybar and Modern Halo royalties compare?
    Drybar: 7% (2026 FDD · Item 6 · PDF p. 15); Modern Halo: 6% (2026 FDD · Item 6 · PDF p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Drybar or Modern Halo?
    Drybar: 198 (2026 FDD · Item 20 · PDF p. 73); Modern Halo: 2 (2026 FDD · Item 20 · PDF p. 59). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Drybar and Modern Halo disclose financial performance (Item 19)?
    Drybar has reviewed Item 19 figures for 8 location groups; Modern Halo has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Drybar report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Modern Halo report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    Plain-language meaning of each Item