Phenix Salon SuitesPhenix Salon Suites has been a leading name […] |
Phenix Salon Suites has been a leading name in the salon suite rental business since 2007. Founded by Gina Rivera, who comes from a family with 75 years of experience in the salon industry, Phenix offers a unique opportunity for beauty professionals looking for flexibility and independence.
As a Phenix Salon Suites franchise owner, you'll be in the real estate business, providing salon suites to hairstylists, nail technicians, and other beauty professionals. Existing franchisees consistently report low turnover and high occupancy rates, making it a stable investment.
One of the key advantages of the Phenix franchise is the simple buildout process. You'll need a space between 3,500 and 7,500 square feet, which can accommodate up to 47 suites. The company even helps you find the perfect location for your market.
With the property management model, you can operate your business efficiently and have more flexibility. You can even choose to be an absentee owner, allowing you to work flexible hours. Most franchisees only need one employee to manage the front office and maintain product inventory.
If you're considering investing in a franchise, you're likely looking for a solid business opportunity. Phenix Salon Suites consistently receives industry recognition, including being ranked in Entrepreneur's Franchise 500, based on its financial stability, brand strength, and franchisee support.
Opening a Phenix Salon Suites franchise requires an initial investment, which includes a franchise fee and other startup costs. You'll also need to have a minimum net worth and liquid capital. Additionally, there are ongoing fees, such as advertising and royalty fees.
The process begins by filling out the franchising opportunity form. If you seem like a good fit, the franchise team will discuss the opportunity with you in detail. You'll be asked to complete a questionnaire and provide a personal financial statement.
After both parties are satisfied, you will receive the Franchise Disclosure Document. You'll have the chance to talk to existing franchisees and may be invited to a discovery day at the company headquarters in Encinitas, California. This is a great opportunity to meet the founders and ask any questions you have.
Once your application is approved by the executive team, you can sign your franchise agreement, pay the initial fees, and start working with the site selection team. The company will guide you through every step of the process until you're ready to open your Phenix Salon Suites franchise.
Start your journey to providing a home for talented beauty professionals by exploring the Phenix Salon Suites franchise opportunity today. You can find more information on their website and request a franchise information package.
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Category Location | N/A |
Number of Units Open | 362 (as of 2023) |
Investment Range | $710,467 - $1,198,282 |
Master Franchise | N/A |
Home based franchise | YES |
Item 19 Franchise | YES |
Veteran Discount | YES |
Franchise Opportunities in Canada | YES |
International Franchise Opportunities | |
E2/EB5 Visa Franchise | YES |
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