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|Liquid Capital Required:||$400,000|
|Net Worth Required:||$1,000,000|
|Total Investment:||$400,000 - $1,000,000|
|Royalty Type:||.26 per leased square foot + .06 per leased square foot for Brand fee|
|Financing:||Via 3rd party|
|Incorporated Name:||PHENIX SALON SUITES FRANCHISING, LLC|
|Home Office:||Colorado Springs, CO|
About Phenix Salon Suites
Founded by a family of Salon Professionals with over 85 years of Salon Industry experience, the Phenix Salon Suites is poised to be the premier provider of Salon Suite concepts throughout the United States and Internationally.
Values & History
We are the fastest growing "Salon Suite' concept in the US. The company began expanding in 2012 and opened 26 new locations in 2012. The company now has 200 new locations with over 300 locations slated to be opened in the next couple of years. The rapid growth of Phenix Salon Suites has been through the "Salon Community". The Phenix Salon Suites difference is in truly understanding the Salon Professional and what they go through daily. After all, the founder of Phenix Salon Suites, President Gina Rivera, still works styling hair for an A-List clientele that she has built over 25 years as a Salon Professional. Deep love and passion for the "Salon Industry" and truly caring for every Salon Professional that is part of the Phenix Salon Suites family is what we are about.
Why Us?The Salon industry is a recession-resistant $60 Billion industry. A Phenix Salon Suites Franchise gives you the unique opportunity to capitalize on this industry with absolutely no salon experience needed. Phenix Salon Suites was founded by a family of Salon Professionals with over 40 years of experience in the Salon Industry. Salon Professionals use to only have two choices to provide their services to customers. One was to work on a commission basis and take home about 40% of their earnings or to work under a booth rent situation and still answer to a Salon Owner.
Phenix Salon Suites pioneered a new vision in Colorado Springs, CO in 2007 and that was to allow Salon Professionals to run their own Salon Business at a fracture of the cost it takes to open a full-fledged salon and for about the same amount is the cost for "Booth Rent". The concept was an immediate success and the founders began to expand their locations. You NOW have the opportunity to capitalize on this exciting concept and gain financial freedom.
- Salon Suites are the future in the Salon Industry
- Over 700,000 licensed salon professionals in the U.S alone
- Recession resistant industry
- Rewarding business opportunity
- Protected territories
Purchasing a Phenix Salon Suites Franchise
There’s an initial franchise fee of $49,500 and an investment range of $299,425 – $1,394,550. A net worth of $1,000,000 and liquidity of $300,000 is required.
You can now take control of your future and grow your own business. Spend more time with your family and enjoy financial freedom. Work smarter and not harder – most locations can be run by absentee owners.
Phenix Salon Suites is currently accepting inquiries from the following states: Wyoming, West Virginia, Wisconsin, Vermont, Utah, Texas, Tennessee, South Carolina, Pennsylvania, Oklahoma, Ohio, Nevada, New Mexico, New Jersey, New Hampshire, Nebraska, North Carolina, Montana, Mississippi, Missouri, Maine, Massachusetts, Louisiana, Kentucky, Kansas, Idaho, Iowa, Georgia, Florida, Delaware, Washington, D.C., Connecticut, Colorado, California, Arizona, Arkansas, Alabama, Alaska.
Ideal Candidate & Qualifications
We’re looking for driven, business-savvy investors who want to make a positive impact on others.
Franchise ownership is also a plus.
Training & Support
- Site Selection and lease negotiations
- Upscale Design and Décor assistance
- Assistance with Architects, Engineers, and Contractors
- Vendor assistance in all areas
- Proven Marketing System to fill the location with Salon Professionals and tenants
- Turnkey business operation
- Complete training
- Ongoing unlimited support