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Phenix Salon Suites

Phenix Salon Suites has been a leading name […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2007
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $710,467
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: $0.33/sq. ft./mo.%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Phenix Salon Suites: A Franchise Opportunity for Beauty Professionals

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.

Why Choose a Phenix Salon Suites Franchise?

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.

Why a Phenix Salon Suites Franchise Might Be Right for You

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.

How to Become a Phenix Salon Suites Franchise Owner

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.

Support & Training offered by Phenix Salon Suites

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Additional Information

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
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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