Start-Up Costs and Fees |
||
| Phenix Salon Suites | Supercuts | |
| Investment | 308130 - 1387420 | 151370 - 321020 |
| Franchise Fee | 0 | |
| Royalty Fee | $0.30/sq. ft. | 6% |
| Advertising Fee | $0.06/sq. ft. | 5% |
| Year Founded | 2007 | 1975 |
| Year Franchised | 2010 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Phenix Salon Suites | Supercuts | |
| Experience | General business experience Marketing skills Retail/service industry experience useful | |
Financing Options |
||
| Phenix Salon Suites | Supercuts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Phenix Salon Suites | Supercuts | |
| Training | On-The-Job Training: 12 hours Classroom Training: 19 hours | Training center utilized |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates National Media Regional Advertising Social media Website development | Ad slicks, National media |
| Operations | Absentee ownership is allowed | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators) |
Expansion Plans |
||
| Phenix Salon Suites | Supercuts | |
| 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 | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Phenix Salon Suites | |
| Supercuts | |
| Franchise Fee | |
| Phenix Salon Suites | |
| Supercuts | |
| Royalty Fee | |
| Phenix Salon Suites | $0.30/sq. ft. |
| Supercuts | 6% |
| Advertising Fee | |
| Phenix Salon Suites | $0.06/sq. ft. |
| Supercuts | 5% |
| Year Founded | |
| Phenix Salon Suites | 2007 |
| Supercuts | 1975 |
| Year Franchised | |
| Phenix Salon Suites | 2010 |
| Supercuts | 1979 |
| Term Of Agreement | |
| Phenix Salon Suites | 7 years |
| Supercuts | Conditional |
| Renewal Fee | |
| Phenix Salon Suites | |
| Supercuts | Remodeling costs |
Business Experience Requirements |
|
| Experience | |
| Phenix Salon Suites | |
| Supercuts | General business experience Marketing skills Retail/service industry experience useful |
Financing Options |
|
| Franchise Fees | |
| Phenix Salon Suites | |
| Supercuts | |
| Start-up Costs | |
| Phenix Salon Suites | |
| Supercuts | |
| Equipment | |
| Phenix Salon Suites} | |
| Supercuts | |
| Inventory | |
| Phenix Salon Suites | |
| Supercuts | |
| Receivables | |
| Phenix Salon Suites | |
| Supercuts | |
| Payroll | |
| Phenix Salon Suites | |
| Supercuts | |
Training & Support |
|
| Training | |
| Phenix Salon Suites | On-The-Job Training: 12 hours Classroom Training: 19 hours |
| Supercuts | Training center utilized |
| 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 |
| Supercuts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Phenix Salon Suites | Ad Templates National Media Regional Advertising Social media Website development |
| Supercuts | Ad slicks, National media |
| Operations | |
| Phenix Salon Suites | Absentee ownership is allowed |
| Supercuts | Franchisees required to buy multiple units/master licenses; 82% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 8 Absentee ownership of franchise is allowed. (20% 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 |
| Supercuts | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Phenix Salon Suites | |
| Supercuts | |
| International Expansion | |
| Phenix Salon Suites | |
| Supercuts | |