Phenix Salon Suites

Phenix Salon Suites

Information based on 2024 FDD

Personal Care Services · Hair Salons, Skincare, Eyelashes, Nails

Investment min
$962K
Total: $962K–$2M
Avg gross revenue
$477K
Unit-level, 2024
Franchise fee
$52K
Per current disclosure
Royalty
$0.33/sqft
Locations
361
Franchising since 2010

Description

What is Phenix Salon Suites?

Phenix Salon Suites represents an innovative approach to the beauty and personal care industry, offering a unique business model that empowers beauty professionals to become entrepreneurs. Founded in 2007, Phenix has revolutionized the traditional salon concept by providing independent beauty professionals with luxurious, private suite spaces to operate their own businesses.

The franchise stands out for its commitment to creating an upscale, secure environment where beauty professionals can thrive. Each location features individually climate-controlled suites equipped with high-end fixtures and amenities, allowing professionals to customize their space and create their own branded experience. The controlled-access system ensures safety and exclusivity for both service providers and their clients.

What makes Phenix particularly attractive is its comprehensive support system for beauty professionals, including marketing assistance, business development resources, and the freedom to set their own schedules and prices. The model caters to a wide range of beauty services, from hair styling and skincare to nail care and eyelash extensions, creating a one-stop beauty destination for clients.

Based on numerous positive reviews, Phenix locations consistently receive praise for their cleanliness, professional atmosphere, and the high quality of services provided by their suite owners. The private suite concept has proven especially appealing to clients who prefer a more intimate, personalized service experience away from the busy environment of traditional salons.

For beauty professionals seeking independence without the overwhelming costs and responsibilities of a traditional salon, Phenix Salon Suites offers an ideal path to business ownership while maintaining a professional, supported environment.
  • Established 2007 with 379+ active units
  • Premium investment franchise in growing salon suite sector
  • Gross revenue of $476,722 exceeds sub-sector average by 18%
  • Multi-state presence across the US and international markets
  • Targets recession-resistant personal care industry
  • Founded by industry veteran Gina Rivera with deep salon roots

Location Analysis

Where Phenix Salon Suites wins

Phenix Salon Suites demonstrates strong market presence across multiple states, showing particular concentration in coastal and high-population regions. The franchise maintains notable presence in California, with significant operations in Virginia and Maryland, indicating successful penetration in both high-income coastal markets and mid-Atlantic regions. The franchise's exceptional customer satisfaction ratings across numerous reviews suggests consistent service quality across markets.

The franchise shows strategic positioning in affluent suburban areas and retail corridors, particularly in states with high disposable income and beauty service demand. Strong presence in both established markets (New York, California) and growing regions (Texas) indicates adaptability to diverse market conditions. However, significant expansion opportunities exist in the Midwest and Mountain regions, where coverage is less developed.

Ideal locations typically feature high-income demographics, strong retail co-tenancy, and proximity to residential areas with professional populations. Success factors include locations in upscale shopping centers, areas with high salon professional density, and markets with strong beauty service demand. The franchise's suite-rental model performs particularly well in regions with high concentrations of independent beauty professionals and strong entrepreneurial communities.
Total US locations
379
Franchise units
361
Corporate locations
18
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Phenix Salon Suites

Avg gross revenue$476,722
Investment range$961,682 – $2,439,291
Investment midpoint$1,700,487
Brand fund$0.06/sqft
Royalty$0.33/sqft
Franchise fee$52,250
Min. net worth
Min. liquid capital
Phenix Salon Suites requires a $961,682 - $2,439,291 total investment, positioning it as a premium franchise opportunity significantly above the sub-sector average of $279,322 - $569,025. This substantial capital requirement reflects the brand's upscale positioning in the beauty salon suite rental market, targeting serious investors with considerable liquid capital.

The franchise demonstrates strong financial performance with gross revenue of $476,722, outperforming the sub-sector average of $404,662 by 18%. This revenue advantage validates the premium investment positioning and indicates solid market demand for the salon suite rental model.

Established in 2007 with 379 active units, Phenix demonstrates system maturity and consistent growth trajectory across multiple states and countries. The personal care industry benefits from recession-resistant characteristics, with consumers consistently prioritizing beauty and wellness services. The salon suite model capitalizes on the growing trend of independent beauty professionals seeking entrepreneurship opportunities.

The premium investment level suits experienced multi-unit operators or well-capitalized investors seeking opportunities in the thriving beauty industry. Prospective investors should thoroughly review the FDD and assess local market demographics, competition density, and beauty professional populations before committing to this substantial investment.
Did you know? Did you know that launching your own Phenix Salon Suites franchise - where independent beauty professionals can rent luxurious private suites and build their dream businesses - requires a total investment between $961,682 and $2,439,291, which includes the $52,250 franchise fee plus all the essential startup costs for your upscale salon suite facility?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$962K–$2M
Most common
$961,682
Minimum
$1,700,487
Midpoint
$2,439,291
Maximum

Per FDD Item 7, total initial investment ranges from $961,682 to $2,439,291. The midpoint $1,700,487 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$600K$480K$360K$240K$120KN/A
$421K
$468K
$477K
2022
2023
2024
Avg
$455K
YOY change (2023 -> 2024)
+2%

According to Item 19 of the Franchise Disclosure Document, Phenix Salon Suites has an average gross revenue of $477K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+11% YoY
5004003002001000
2017
2018
2019
2020
2021
2022
2023
2024
379 units open as of 2024 FDD+38 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Phenix Salon Suites's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Phenix Salon Suites franchise typically ranges between $961,682.00 and $2,439,291.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Phenix Salon Suites
Phenix Salon Suites
$477K avg revenue · 361+ US franchises

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