Start-Up Costs and Fees |
||
| Phenix Salon Suites | Salon Professional Education Company (SPEC) | |
| Investment | 308130 - 1387420 | 145500 - 1111000 |
| Franchise Fee | ||
| Royalty Fee | $0.30/sq. ft. | |
| Advertising Fee | $0.06/sq. ft. | |
| Year Founded | 2007 | 2004 |
| Year Franchised | 2010 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Phenix Salon Suites | Salon Professional Education Company (SPEC) | |
| Experience | ||
Financing Options |
||
| Phenix Salon Suites | Salon Professional Education Company (SPEC) | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Phenix Salon Suites | Salon Professional Education Company (SPEC) | |
| Training | On-The-Job Training: 12 hours Classroom Training: 19 hours | |
| 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 | |
Expansion Plans |
||
| Phenix Salon Suites | Salon Professional Education Company (SPEC) | |
| 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 | 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 | |
| Salon Professional Education Company (SPEC) | |
| Franchise Fee | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
| Royalty Fee | |
| Phenix Salon Suites | $0.30/sq. ft. |
| Salon Professional Education Company (SPEC) | |
| Advertising Fee | |
| Phenix Salon Suites | $0.06/sq. ft. |
| Salon Professional Education Company (SPEC) | |
| Year Founded | |
| Phenix Salon Suites | 2007 |
| Salon Professional Education Company (SPEC) | 2004 |
| Year Franchised | |
| Phenix Salon Suites | 2010 |
| Salon Professional Education Company (SPEC) | 2018 |
| Term Of Agreement | |
| Phenix Salon Suites | 7 years |
| Salon Professional Education Company (SPEC) | |
| Renewal Fee | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
Business Experience Requirements |
|
| Experience | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
Financing Options |
|
| Franchise Fees | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
| Start-up Costs | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
| Equipment | |
| Phenix Salon Suites} | |
| Salon Professional Education Company (SPEC) | |
| Inventory | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
| Receivables | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
| Payroll | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
Training & Support |
|
| Training | |
| Phenix Salon Suites | On-The-Job Training: 12 hours Classroom Training: 19 hours |
| Salon Professional Education Company (SPEC) | |
| 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 |
| Salon Professional Education Company (SPEC) | |
| Marketing | |
| Phenix Salon Suites | Ad Templates National Media Regional Advertising Social media Website development |
| Salon Professional Education Company (SPEC) | |
| Operations | |
| Phenix Salon Suites | Absentee ownership is allowed |
| Salon Professional Education Company (SPEC) | |
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 |
| Salon Professional Education Company (SPEC) | 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 | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |
| International Expansion | |
| Phenix Salon Suites | |
| Salon Professional Education Company (SPEC) | |