Start-Up Costs and Fees |
||
| Phenix Salon Suites | Paramount Home Beauty | |
| Investment | 308130 - 1387420 | 44100 - 44100 |
| Franchise Fee | ||
| Royalty Fee | $0.30/sq. ft. | 5% |
| Advertising Fee | $0.06/sq. ft. | |
| Year Founded | 2007 | 2004 |
| Year Franchised | 2010 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Phenix Salon Suites | Paramount Home Beauty | |
| Experience | ||
Financing Options |
||
| Phenix Salon Suites | Paramount Home Beauty | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Phenix Salon Suites | Paramount Home Beauty | |
| Training | On-The-Job Training: 12 hours Classroom Training: 19 hours | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support | |
| Marketing | Ad Templates National Media Regional Advertising Social media Website development | |
| Operations | Absentee ownership is allowed | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Phenix Salon Suites | Paramount Home Beauty | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
| Franchise Fee | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
| Royalty Fee | |
| Phenix Salon Suites | $0.30/sq. ft. |
| Paramount Home Beauty | 5% |
| Advertising Fee | |
| Phenix Salon Suites | $0.06/sq. ft. |
| Paramount Home Beauty | |
| Year Founded | |
| Phenix Salon Suites | 2007 |
| Paramount Home Beauty | 2004 |
| Year Franchised | |
| Phenix Salon Suites | 2010 |
| Paramount Home Beauty | 2006 |
| Term Of Agreement | |
| Phenix Salon Suites | 7 years |
| Paramount Home Beauty | 10 years |
| Renewal Fee | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
Business Experience Requirements |
|
| Experience | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
Financing Options |
|
| Franchise Fees | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
| Start-up Costs | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
| Equipment | |
| Phenix Salon Suites} | |
| Paramount Home Beauty | |
| Inventory | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
| Receivables | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
| Payroll | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
Training & Support |
|
| Training | |
| Phenix Salon Suites | On-The-Job Training: 12 hours Classroom Training: 19 hours |
| Paramount Home Beauty | * Available at headquarters: 5 days * At franchisee's location: 5 days (optional) |
| Support | |
| Phenix Salon Suites | *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support |
| Paramount Home Beauty | |
| Marketing | |
| Phenix Salon Suites | Ad Templates National Media Regional Advertising Social media Website development |
| Paramount Home Beauty | |
| Operations | |
| Phenix Salon Suites | Absentee ownership is allowed |
| Paramount Home Beauty | * Franchise can be run from home * Number of employees needed to run franchised unit: 6 - 20 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Phenix Salon Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Paramount Home Beauty | |
| Canada Expansion | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |
| International Expansion | |
| Phenix Salon Suites | |
| Paramount Home Beauty | |