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Phenix Salon Suites
Franchise Opportunity
Phenix Salon Suites is a premier beauty and wellness franchise offering salon professionals an upscale, fully-equipped space to run their businesses independently. With a focus on flexibility and luxury, Phenix Salon Suites provides franchisees a lucrative opportunity in the rapidly growing salon suite industry.
Phenix Salon Suites provides a structured business model for individuals looking to enter the salon and beauty industry. Franchisees benefit from comprehensive training, operational support, and a well-established brand.
- Established in 2007; franchising began in 2010.
- Specializes in leasing high-end salon suites to independent beauty professionals.
- Targets hairstylists, estheticians, and other beauty service providers seeking private workspaces.
- Franchise opportunities available nationwide and internationally.
Phenix Salon Suites has built a strong reputation for offering luxury salon suites that allow professionals to operate their own businesses without the overhead of a traditional salon. The brand differentiates itself through its high-end facilities and strong support for independent stylists.
- Offers fully furnished salon suites with upscale amenities.
- Provides a turn-key business model for beauty professionals.
- Supports franchisees with marketing tools, operational guidance, and training programs.
- Focuses on providing a high-quality experience for tenants and customers.
Investing in Phenix Salon Suites includes startup costs covering franchise fees, real estate, build-out, training, and marketing.
- Initial franchise fee: $49,500.
- Estimated total initial investment: $500,000 to $1,500,000.
- Ongoing royalty fees: 5% of gross revenue.
- Marketing fees: 2% of gross revenue for national advertising.
Initial Franchise Fee
$49,500 - $49,500
The franchise fee includes initial training, branding, and operational support.Total Initial Investment
$500,000 - $1,500,000
The total investment covers real estate, build-out, training, marketing, and operational costs.Royalty Fees
5%
Royalties are calculated as 5% of gross revenue and are payable monthly.Minimum Cash on Hand Required
$250,000
Minimum liquid capital ensures franchisees can cover startup and operational expenses.Net Worth Required
$750,000
Net worth requirements demonstrate financial stability to operate and grow the business.Part-Time / Full-Time
Full-Time
Operating a Phenix Salon Suites franchise requires full-time involvement to ensure service quality and business success.Phenix Salon Suites is expanding across multiple regions, targeting areas with high demand for independent salon spaces.
- Exclusive territories provided to franchisees.
- Ideal locations include high-traffic retail centers and affluent communities.
- Growth opportunities in regions with a strong beauty and wellness industry presence.
Phenix Salon Suites provides extensive training and support to ensure franchisee success.
- Initial training covers salon suite management, leasing strategies, and business operations.
- Ongoing support includes marketing assistance, operational coaching, and tenant acquisition strategies.
- Access to proprietary leasing software and business management tools.
- Continued education on salon industry trends and business growth strategies.
Phenix Salon Suites franchisees benefit from strong earnings potential due to the increasing demand for independent salon spaces.
- Revenue generated from salon suite leasing, additional service offerings, and premium suite upgrades.
- High profit margins due to consistent rental income and low operational costs.
- Opportunities for additional revenue through suite customization and add-on services.
- Profitability depends on location, occupancy rates, and tenant satisfaction.
The ideal Phenix Salon Suites franchisee is a business-savvy entrepreneur with a passion for real estate and the beauty industry. No prior salon experience is required.
- Passion for supporting beauty professionals and business growth.
- Strong leadership and business management skills.
- Willingness to follow the franchise's structured business model.
- Interest in managing a real estate-based business with recurring revenue.
Phenix Salon Suites offers franchisees numerous benefits, making it a leading choice in the salon suite industry.
- Recognized brand with a strong reputation for luxury salon spaces.
- Proven business model with structured training and operational support.
- High-demand industry with continuous growth in the beauty sector.
- Scalable business model with opportunities for multi-unit expansion.
While Phenix Salon Suites provides strong brand support, franchisees should be aware of potential challenges.
- Success depends on strong local marketing and high occupancy rates.
- Requires managing tenant relationships and maintaining high facility standards.
- Initial investment costs may vary based on location and real estate expenses.
- Competition from other salon suite providers and traditional salon rental models.
Phenix Salon Suites presents a scalable and profitable opportunity for entrepreneurs in the beauty and real estate industries. With a strong brand identity, a proven business model, and increasing demand for independent salon spaces, franchisees are well-positioned for long-term success. This franchise is ideal for individuals passionate about business development, customer service, and the beauty industry.