Franchise opportunities compared

    Modern Halo vs Ovo Salons

    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.

    Initial investment · Item 7

    Modern Halo

    $282,575 – $647,700

    2026 FDD · Item 7 · PDF p. 20

    Ovo Salons

    $398,482

    2026 FDD · Item 7 · PDF p. 14

    Initial franchise fee · Item 5

    Modern Halo

    $50,000

    2026 FDD · Item 5 · PDF p. 10

    Ovo Salons

    $69,000

    2026 FDD · Item 5 · PDF p. 8

    Royalty · Item 6

    Modern Halo

    6%

    2026 FDD · Item 6 · PDF p. 12

    Ovo Salons

    6%

    2026 FDD · Item 6 · PDF p. 9

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Modern Halo: 1, Ovo Salons: 30). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Modern Halo

    $282,575 – $647,700
    Total Estimated Initial Investment
    2026 FDD · Item 7 · PDF p. 20

    Ovo Salons

    $398,482
    Total single-unit investment — $398,482–$638,702
    2026 FDD · Item 7 · PDF p. 14
    Standard initial franchise fee (Item 5)

    Modern Halo

    $50,000
    2026 FDD · Item 5 · PDF p. 10

    Ovo Salons

    $69,000
    2026 FDD · Item 5 · PDF p. 8
    Royalty (Item 6)

    Modern Halo

    6%
    Royalty fee
    2026 FDD · Item 6 · PDF p. 12

    Ovo Salons

    6%
    Royalty fee
    2026 FDD · Item 6 · PDF p. 9
    Brand / advertising fund (Item 6)

    Modern Halo

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

    Ovo Salons

    0%
    Brand fund contribution — currently 0%, up to 2% — 0%
    2026 FDD · Item 6 · PDF p. 9

    System scale & health

    Total outlets (Item 20)

    Modern Halo

    2
    Outlets at end of 2024
    2026 FDD · Item 20 · PDF p. 59

    Ovo Salons

    1
    Outlets at end of 2024
    2026 FDD · Item 20 · PDF p. 39
    Net outlet change (Item 20)

    Modern Halo

    Not available
    Only one year reported

    Ovo Salons

    −1
    Calculated: 2 at end of 2022 → 1 at end of 2024
    Outlet exits (Item 20)

    Modern Halo

    Not available
    No complete exit records for a year

    Ovo Salons

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

    Modern Halo

    Not available
    Not in reviewed records

    Ovo Salons

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

    Modern Halo

    Not available
    Not in reviewed records

    Ovo Salons

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Modern Halo
    Locations counted not stated in the reviewed record
    $27,568
    other Advertising and promotion
    2026 FDD · Item 19 · PDF p. 58
    Ovo Salons
    Locations counted not stated in the reviewed record — Affiliate-owned OVO Salon in Cumming, Georgia
    11 hours
    other Table 1
    2026 FDD · Item 19 · PDF p. 35
    Locations counted not stated in the reviewed record — OVO Salon — Cumming, Georgia
    100 percent
    other Table 2a
    2026 FDD · Item 19 · PDF p. 36
    Locations counted not stated in the reviewed record — Stylist 1 at affiliate-owned Cumming salon
    66 months
    other Stylist retention
    2026 FDD · Item 19 · PDF p. 38
    +27 more groups in the full report

    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.

    Modern Halo vs Ovo Salons: common questions

    Which costs less to open, Modern Halo or Ovo Salons?
    Modern Halo: $282,575 – $647,700 (2026 FDD · Item 7 · PDF p. 20); Ovo Salons: $398,482 (2026 FDD · Item 7 · PDF p. 14). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Modern Halo. Estimates are not quotes, and the FDD years may differ.
    How do Modern Halo and Ovo Salons royalties compare?
    Modern Halo: 6% (2026 FDD · Item 6 · PDF p. 12); Ovo Salons: 6% (2026 FDD · Item 6 · PDF p. 9). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Modern Halo or Ovo Salons?
    Modern Halo: 2 (2026 FDD · Item 20 · PDF p. 59); Ovo Salons: 1 (2026 FDD · Item 20 · PDF p. 39). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Modern Halo and Ovo Salons disclose financial performance (Item 19)?
    Modern Halo has reviewed Item 19 figures for 1 location group; Ovo Salons has reviewed Item 19 figures for 30 location groups. 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

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