- Founded in 2007
- Franchising Since 2010
- 361 US Franchises
- $962K - $2M Investment Range
- $477K Average Gross Revenue
- $0.33/sqft Royalty Fee
- $52K Franchise Fee
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.
How much does it cost to start a franchise with Phenix Salon Suites?
- Franchise Fee
- $52K
- Investment Range
- $962K - $2M
- Investment Midpoint
- $2M
- Minimum Cash Required
- $962K
- Royalty Fees
- $0.33/sqft
- Brand Fund
- $0.06/sqft
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.
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See the Revenue Potential!
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Financing Details
Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Phenix Salon Suites. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.
Why Financing with Franzy Partners?
Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.
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Guidant Financial
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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.
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Track Growth to Gauge Success!
See how this franchise is expanding over time. The net unit growth reveals the health and popularity of the brand—key indicators for a promising investment.
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Executive Team
Get to know the leadership behind Phenix Salon Suites. Learn about the experience and expertise of the executive team guiding Phenix Salon Suites's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).
Litigation
Review any legal actions or pending litigation involving Phenix Salon Suites. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).
Bankruptcy
Review Phenix Salon Suites's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).
Franchisor Assistance
Learn about Phenix Salon Suites's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).
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.
- Founded in 2007
- Franchising Since 2010
- 361 US Franchises
- $962K - $2M Investment Range
- $477K Average Gross Revenue
- $0.33/sqft Royalty Fee
- $52K Franchise Fee
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