Phenix Salon Suites
Join a leader in the beauty and salon suites industries and you will be part of one of the fastest-growing franchises worldwide. When you become a Phenix Salon Suites Franchise Owner, you’re actually in the property management business – renting out your property’s suites to motivated lifestyle professionals with their own book of business.
What Does a Phenix Salon Suites Franchise Cost?
To buy a franchise with Phenix Salon Suites, you'll need to have at least $300,000 in liquid capital and a minimum net worth of $750,000. Franchisees can expect to make a total investment of $493,570 - $1,068,401. Phenix Salon Suites charges a franchise fee of $35,000-$52,500. They also offer financing via 3rd party. *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $300,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $750,000 What does Net Worth mean? |
| Franchise Fee: | $35,000-$52,500 What does Franchise Fee mean? |
| Total Investment: | $493,570 - $1,068,401 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
Franchisor Details
Facts about this franchise:
| Total Units: | 300 |
|---|---|
| Year Founded: | 2003 |
| Franchising Since: | 2010 |
The Salon Suites Business That Helps Entrepreneurs Fulfill Their Dreams
Salon professionals are enthusiastically embracing the salon suite concept, because it empowers them to control their own hours and keep more of their earnings for themselves. Our Franchise Owners say that one of the most rewarding parts of their business is giving others the opportunity to be their own boss and run their businesses how they like. Happy salon professionals share their enthusiasm with their friends in the industry which means you can enjoy lower than expected turnover and a high occupancy rate.
Meet the President
Gina Rivera, Entrepreneur. Hair and beauty expert. Teacher. TV personality. Philanthropist. Fashionista. Gina Rivera isn’t just an industry leader, she’s an inspiration to the people who work with her and for her. Salon Professionals look to Gina and her husband Jason for guidance as they pursue their dreams of running a successful business. Franchise Owners love being part of the Phenix Salon Suites family and share in the Rivera’s vision to become the global leader in the industry.
Why Phenix Salon Suites
Franchise Owners enjoy the suite life...
SIMPLE BUILDOUT: A typical Phenix Salon Suites are 2,000 – 7,500 sq ft. and have 14-70 suites. All types of real estate—strip malls, freestanding units, anchors can work. We will help you find the one that’s best for your market.
SEMI-ABSENTEE MODEL: Many of our franchise owners still keep their jobs, in addition to owning a Phenix Salon Suites franchise. Because this is essentially a property management concept, Franchise Owners can manage much of the business remotely online.
FLEXIBLE HOURS: Your salon professionals set their own business hours, and you can, too. You do not need to be on-site every day, but we encourage weekly visits to your location(s) to meet with salon professionals and coordinate site maintenance as applicable.
LIMITED STAFF AND INVENTORY: The business requires only one staff member to greet customers and manage the front of the location. To add to your bottom line, you can choose to carry product inventory in your reception area.
How We Support You
Phenix Salon Suites helps you every step of the way...
Real Estate Support
Finding the best real estate for your Phenix Salon Suites franchise is a critical part of your success. Your dedicated real estate director, guided by our proprietary real estate technology, will use market demographics to determine which location is best and will work with you to negotiate your lease. A Phenix Salon Suites location is flexible to work in different real estate options, so your selection process is much more streamlined.
Marketing Support
Our experienced marketing team helps you find and lease to salon professionals well before your Grand Opening. Your goal is to open with 70% occupancy or higher, but your results may vary depending on the market and ability to obtain professionals.
Our online portal provides countless marketing templates for you and your salon professionals to customize and use to drive customers to your location.
Advanced Technology
We are constantly rolling out systems and technology to make your business more profitable. A recent innovation to drive business to the salon professionals in your suites, is Gina’s App. It directs users to the nearest stylist based on the desired area of service. For example, someone looking for a colorist could search the app for “hair stylists near me specializing in color treatments.” Results can also be filtered by mile radius and price. Your salon professionals get this value-added listing for free!
Continuous Education
We offer salon professionals multiple in-person training opportunities throughout the year. Some may require travel but there is no cost for the classes, which saves your salon professional hundreds—even thousands of dollars. It’s just one more reason they love being part of the Phenix Salon Suites family.
Bring A Phenix Salon Suites Franchise to Your Market
We’re looking for driven, business-savvy owners who want to make a positive impact on others. If you have at least $300k in Liquid Capital, request information to learn more about one of the fastest growing salon suites franchise opportunities today!
Availability
Phenix Salon Suites is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Wisconsin, West Virginia, Wyoming,
Interested parties should have at least $300,000 in liquid capital to invest.