Phenix Salon Suites

About Phenix Salon Suites
Phenix Salon Suites is the fastest growing "Salon Suite' concept in the US, and the only Salon Suite / Studio concept to make the top 500 Ranking by Entrepreneur Magazine. The company began expanding in 2012 and opened 26 new locations in 2012. The company has 75 new locations that will open during 2013 and over 300 locations are currently scheduled 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 on a daily basis. After all, the founder of Phenix Salon Suites (Gina Rivera) still works in a suite several days a week as a Hair Dresser. A 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. Phenix Salon Suites was founded by a family of Salon Professionals with over 75 years of experience in the Salon Industry. Salon Professionals used 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 give Salon Professionals the opportunity to run their own Salon Business at a fraction of the cost it takes to open a full fledged salon and for about the same amount that Salon Professionals pay 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. The Right Concept The Salon industry is a recession resistant $60 Billion Dollar industry. A Phenix Salon Suites Franchise gives you the unique opportunity to capitalize on this industry with absolutely no salon experience needed. The Right Opportunity 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. A Phenix Salon Suites Franchise *Salon Suites are the future in the Salon Industry *Over 900,000 licensed salon professionals in the U.S. alone *Absentee owner opportunity - most locations run themselves *Much lower investment than many franchise opportunities *Recession resistant industry *Rewarding business opportunity *Protected territories *Low "Flat Rate" royalty *You can keep your current job - IF YOU WANTSeeking new franchise units in the U.S., Canada,and Western Europe Veteran Incentives 20% off franchise fee#138 in Franchise 500 for 2020.#64 in Franchise 500 for 2021.

Hair Care & Cosmetics Opportunities

Below is a quick comparison of Phenix Salon Suites against other Full Service Restaurant franchises and business opportunities. For an in depth comparison of Phenix Salon Suites with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise
Franchise Fee
Royalty
Advertising Fee
Development Costs
0
50000 - 232089
0
225000 - 260000
20000 - 20000
30000 - 50000
0
5%
1%
172250 - 356500
0
75000 - 500000
25000 - 25000
6%
3%
120000 - 185000
25000 - 25000
594500 - 936000
5300 - 5300
1800/year
5%-16%
5300 - 999999
25000 - 25000
4-6%
2%
229000 - 290500
0
213000 - 294000
39000 - 39000
6%
229000 - 347500
15000 - 15000
9%
29500 - 109000
40000 - 40000
5%
3%
245900 - 424800
20000 - 20000
$150/chair
84800 - 161300
20000 - 20000
12% on Services
220000 - 270000
40000 - 40000
6%
2%
400000 - 700000
39000 - 39000
7%
2%
218600 - 392500
40000 - 40000
5%
1% Nat'l + At least $500/mo local
572837 - 743085
0
94500 - 275000
0
99 - 5500
40000 - 40000
5%
1%
132000 - 339500
39500 - 39500
6%
4%
148930 - 316700
0
593450 - 840350
50000 - 50000
7.50%
1%
253000 - 366000
0
219500 - 372500
40000 - 40000
5%
1%-2%
600500 - 1024500
45000 - 45000
6%
2%
294000 - 642000
25000 - 25000
6%
200000 - 350000
15000 - 25000
4.5-5%
120500 - 283000
66000 - 66000
6%
3%
350000 - 550000
25000 - 35000
9%
551300 - 903400
49750 - 49750
5.50%
1%
555387 - 1236840
39000 - 39000
8%
2000
211285 - 314450
20000 - 20000
94100 - 190550
25000 - 25000
6%
50000 - 175000
35000 - 35000
4%-4.5%
2%
159310 - 351770
25000 - 25000
5%
2%
123070 - 155000
50000 - 200000
5.50%
1%
713738 - 1603518
38000 - 39500
190550 - 340600
14800 - 14800
5%
44100 - 44100
57100 - 435000
3%
1%
227175 - 622553
12500 - 22500
6%
84600 - 148300
35000 - 35000
259050 - 350100
39500 - 39500
4-6%
1%
195750 - 334850
39500 - 39500
4% - 6%
1%
203250 - 342350
24500 - 28500
8%
2-3%
63150 - 83100
50000 - 50000
5.50%
Set by you
722875 - 1357700
50000 - 50000
4%-6.5%
2%
389300 - 665000
99995 - 99995
$1000/Month
106170 - 138995
39500 - 39500
5%
2%
149430 - 305200
15000 - 15000
75100 - 88950
20000 - 35000
6%
2%
124595 - 220375
55000 - 55000
5.50%
2%
531150 - 1714370
59500 - 59500
10.75%
382000 - 747500
0
250000 - 500000
25000 - 25000
5%
3% local +2% Nat'l
191500 - 297000
39500 - 39500
6%
5%
151370 - 321020
35000 - 35000
6%
2%
175500 - 297000
33167 - 49500
6%
2%
178471 - 495152
20000 - 20000
6%
94200 - 136900
25000 - 25000
4%
55000 - 103500
30000 - 30000
250000 - 350000
25000 - 475000
6%
2%
164000 - 700000
25000 - 25000
6%
200000 - 350000
0
32900 - 999999
30000 - 30000
3.5%-5%
1% - 3%
192700 - 423100
0
0
0
175000 - 370000